Arkansas Life and Health Insurance Practice Exam

According to Arkansas law, a resident insurance agent in the state of Arkansas:

1. Must be a high school graduate

2. Must be at least 18 years old

3. Must have a college degree

4. Must hold a business license

The correct answer is: Must be a high school graduate

In the state of Arkansas, a resident insurance agent is required to be a high school graduate. This educational requirement ensures that individuals have a basic level of education before being licensed to sell insurance products to consumers. Having a high school diploma demonstrates a level of commitment and ability to successfully complete a formal education. This requirement helps to uphold the professionalism and trustworthiness of insurance agents operating in Arkansas. The other options are not correct: B. Must be at least 18 years old - Although being 18 years old is a common requirement for many licensing processes, in Arkansas, the specific educational requirement is being a high school graduate. C. Must have a college degree - While a college degree may be beneficial for an insurance agent and can provide additional knowledge and skills, it is not a mandatory requirement in Arkansas to become a resident insurance agent. D. Must hold a business license - While a business license may be necessary for operating a business, it is not a requirement for becoming a resident insurance agent in Arkansas.