Risk Management and Insurance > QUESTIONS & ANSWERS > GA Life & Health Insurance- AD Banker Already Graded A (All)
GA Life & Health Insurance- AD Banker Already Graded A If an aggrieved person demands a hearing, the Commissioner is obliged to hold one within how many days? ✔✔30 Which of the following state... ments regarding the ability of the Insurance Commissioner to examine insurers and other persons is true? ✔✔The Commissioner may examine the records of any licensee as often as the Commissioner deems advisable The Commissioner may impose which of the following penalties on any person who violates a cease and desist order following a hearing? ✔✔A fine of up to $10,000 per violation Which of the following statements regarding certificates of authority is correct? ✔✔If an insurance company refuses to be examined by the Commissioner, its certificate of authority may be suspended or revoked Which of the following individuals is required to hold an insurance license? ✔✔A person in the business of selling, soliciting, or negotiating insurance contracts for a commission The qualifications for becoming an insurance producer include which of the following? ✔✔Applicants for a resident license must reside in Georgia at least half the year or have a business domiciled in the state All of the following statements regarding producer appointments are true, EXCEPT: ✔✔Certificates of authority for subagents must be renewed biennially How many hours of CE would an agent w [Show More]
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