Under Nebraska law, when does a resident insurance producer license expire, absent earlier revocation or suspension?
A. On the last day of the month of the producer's birthday, in the first year after issuance in which the producer's age is divisible by two
B. Exactly two years from the date of issuance, regardless of the producer's birthday
C. On December 31 of every even-numbered year
D. The license never expires as long as annual premiums are paid to the state
Source: Neb. Rev. Stat. § 44-4054
Which two sections of the Nebraska Insurance Producers Licensing Act govern the basic requirements a person must meet before the Department of Insurance will issue a resident producer license?
A. Neb. Rev. Stat. §§ 44-4052 and 44-4053
B. Neb. Rev. Stat. §§ 44-1525 and 44-1540
C. Neb. Rev. Stat. §§ 44-710.03 and 44-710.04
D. Neb. Rev. Stat. §§ 44-6601 and 44-6608
Source: Neb. Rev. Stat. §§ 44-4052, 44-4053
A Nebraska producer wants to conduct business under a name other than the one on their license. What must they do first, under Neb. Rev. Stat. § 44-4057?
A. Register the assumed business name with the Department of Insurance before using it
B. Nothing, as long as the name is used only on business cards
C. File the name change only with the Nebraska Secretary of State
D. Notify each insurer they represent, with no filing to the Department required
Source: Neb. Rev. Stat. § 44-4057
Under Neb. Rev. Stat. § 44-4065, a Nebraska producer who has administrative action taken against their license in another state must:
A. Report that action to the Nebraska Director of Insurance
B. Wait for the Nebraska Department to discover the action independently
C. Report the action only if it results in a criminal conviction
D. Report the action only to the National Association of Insurance Commissioners
Source: Neb. Rev. Stat. § 44-4065
A Nebraska resident producer licensed only for Accident and Health or Sickness is subject to what maximum continuing education requirement per renewal cycle?
A. 24 cumulative hours in any two-year period
B. 40 cumulative hours in any two-year period
C. 10 cumulative hours in any two-year period
D. There is no continuing education requirement once initially licensed
Source: Neb. Rev. Stat. §§ 44-3901 to 44-3908; NE DOI Education for Licensees