Massachusetts Property & Casualty Insurance License Exam — All Questions
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2 questions
Massachusetts Licensing & CE
After a producer is licensed in Massachusetts, what must happen before she can transact business for a specific insurer?
- a.Nothing further once the license is issued
- b.The insurer must appoint the producer and file the appointment with the Massachusetts Division of Insurance✓
- c.The producer must post a surety bond with the state treasurer
- d.The producer must establish residency in the insurer's home state
A license lets a person act as a producer, but to represent a specific company that insurer must appoint the producer, with the appointment filed with the Massachusetts Division of Insurance. A producer may hold appointments from several insurers at once.
Massachusetts Licensing & CE
Which best describes continuing education for a Massachusetts resident P&C producer?
- a.No CE is ever required
- b.CE is required only in the first renewal and never again
- c.State-approved continuing education, including an ethics component, is required each renewal period to keep the license active✓
- d.CE can be met only by retaking the licensing exam
Following the NAIC model, Massachusetts requires resident producers to complete approved continuing education each renewal cycle, including an ethics portion. The exact hour totals are set by the Massachusetts Division of Insurance and should be verified before renewal.