California Insurance Code & EthicsQuestion 51 of 53191% of test-takers answer this correctly

A producer's license issued by the Insurance Commissioner is valid for what period before it must be renewed?

a.4 years
b.1 year
c.2 years
d.3 years

Explanation

Section 1633 provides that producer licenses are issued for a two-year term and must be renewed before expiration. One, three, and four years are not the statutory cycle.

Law Reference: Cal. Ins. Code §1633

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