Which of the following is true regarding license cancellation and reinstatement?

Which of the following is true regarding license cancellation and reinstatement?


A. The producer must allow it to lapse. After that point, it can be reinstated any time within the next 2 years, provided that the continuing education requirements have been met.

B. The license needs to be returned to the Insurance Department. Once this occurs, it cannot be reinstated.

C. The producer must complete a brief interview with the Commissioner's Office. The license may then be reinstated within 1 year.

D. The license needs to be returned to the Insurance Department. It can be reinstated by filling out an application and paying a fee.


Answer: D. The license needs to be returned to the Insurance Department. It can be reinstated by filling out an application and paying a fee.

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