Which of the following is true regarding an officer of an insurer?

Which of the following is true regarding an officer of an insurer?



a. The officer must be licensed as a producer

b. If the officer does not receive a commission he or she must be licensed as a producer

c. If the officer receives a commission he or she must be licensed as a producer

d. An officer whose activities are solely executive and managerial must be licensed as a producer



Answer: c. If the officer receives a commission he or she must be licensed as a producer

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