Arkansas Life and Health Insurance Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Prepare for the Arkansas Life and Health Insurance Exam. Utilize flashcards and multiple-choice questions with hints and explanations for each question. Get thoroughly ready for your certification test!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

Which of the following statements regarding producer appointments is correct?

Appointments are for a lifetime and do not require renewal
The Commissioner of Insurance must verify that an individual is eligible to be appointed within 30 days of receiving an application
The insurer can appoint a producer retroactively
The producer must be licensed for at least one year before being eligible for appointment

The correct answer is: The Commissioner of Insurance must verify that an individual is eligible to be appointed within 30 days of receiving an application

The correct statement regarding producer appointments is that the Commissioner of Insurance must verify that an individual is eligible to be appointed within 30 days of receiving an application. This ensures that individuals seeking appointments as producers meet the necessary requirements set by the state before being appointed by an insurer. Options A, C, and D are incorrect because appointments are not for a lifetime, they cannot be made retroactively, and there is no requirement for the producer to be licensed for at least one year before being eligible for appointment.