Under Missouri law, which of the following is required before a person may sell, solicit, or negotiate a contract of life insurance in the state?
A. The person must hold an insurance producer license for the life line of authority
B. The person only needs to be employed by a licensed insurance agency
C. The person only needs to pass the state exam; a license is optional
D. The person may sell life insurance for up to 90 days while a license application is pending
Source: Mo. Rev. Stat. § 375.014
A resident insurance producer license issued in Missouri is valid for what term before it must be renewed?
A. One year
B. Two years
C. Three years
D. It never expires as long as the producer is employed
Source: Mo. Rev. Stat. § 375.016
How many hours of continuing education must a Missouri insurance producer generally complete during each two-year license period?
A. 8 hours
B. 12 hours
C. 16 hours
D. 24 hours
Source: Mo. Rev. Stat. § 375.020
Within the 16 hours of continuing education Missouri requires every two years, producers licensed for lines such as life must also complete how many hours specifically covering ethics, Missouri law, and producer duties to the department?
A. 1 hour
B. 3 hours
C. 6 hours
D. 10 hours
Source: 20 CSR 700-3.200
When an insurer appoints a producer to sell on its behalf in Missouri, what must the insurer do regarding its register of appointed producers?
A. Nothing; only the producer must notify the department
B. Enter the producer's name and license number in the register within 30 days of the appointment
C. Wait until the producer's first sale to record the appointment
D. File the appointment only if the producer sells more than $50,000 in premium
Source: Mo. Rev. Stat. § 375.022
