All of the following activities could result in the suspension of an agent's license EXCEPT?

All of the following activities could result in the suspension of an agent's license EXCEPT?


A) misrepresenting the financial condition of an insurance company.

B) selling any replacement policy that causes an insured to lapse an existing policy.

C) attaining a license for the sole purpose of handling controlled business.

D) demonstrating incompetency to transact business as an insurance agent.


Answer: B) selling any replacement policy that causes an insured to lapse an existing policy.


Comments

Popular posts from this blog

Give the von Neumann-Morgenstern utility function.

Life income joint and survivor settlement option guarantees