Free Arkansas Property and Casualty Practice Exam Online

Correct answer: A. 24 hours total, including 3 hours of ethics

Correct. AID Rule 50, Section 4.A requires a minimum of 24 hours of approved continuing education per two-year renewal cycle, at least 3 of which must be ethics.

• B: 24 hours is correct, but 1 hour of ethics reflects the earlier annual CE structure that Rule 50 has since replaced; the current biennial rule requires 3 ethics hours.
• C: 16 hours with a 2-hour ethics minimum is not the Arkansas standard; both the total and the ethics minimum are set higher by Rule 50.
• D: 20 hours with 1 hour of ethics describes Arkansas's prelicensing education requirement under Rule 31, not the biennial continuing education requirement under Rule 50.

Correct answer: B. Every two years, on the last day of the licensee's birth month

Correct. Arkansas producer licenses renew biennially, expiring on the last day of the licensee's birth month, per Rule 50 and NIPR's Arkansas renewal timeline.

• A: Arkansas uses a two-year cycle, not a three-year cycle.
• C: There is no single fixed date such as June 30; the expiration date is individualized to each licensee's birth month.
• D: Arkansas producer licenses are not on a fixed calendar-year cycle; the renewal date is tied to the individual's birth month.

Correct answer: C. A producer licensed as an Arkansas resident before July 1, 2003, who is at least 60 years old

Correct. Rule 50 Section 3.A(4) exempts a resident producer licensed before July 1, 2003, who is at least 60 years old.

• A: This age/tenure exemption is written for resident producers licensed before the 2003 cutoff, not for nonresidents generally.
• B: The rule ties the exemption to pre-July 1, 2003 resident licensure, not simply to reaching age 65.
• D: The exemption requires resident licensure to have begun before July 1, 2003; a producer first licensed after that date does not qualify regardless of current age.

Correct answer: D. The producer's license lapses and is later reinstated as a new resident license

Correct. Rule 50 Section 3.A(11) provides that the Section 3.A(4)-(5) exemptions no longer apply to producers who let their Arkansas license lapse and become re-licensed.

• A: Adding a line of authority does not itself terminate the tenure-based CE exemption under Rule 50.
• B: Losing one appointment while remaining otherwise licensed does not, by itself, void the exemption; only a lapse and re-licensure does under Section 3.A(11).
• C: An in-state move does not affect the exemption; the exemption is tied to licensure history, not residence within Arkansas.

Correct answer: A. Only after the license has been in force one full year, starting at the renewal following that year

Correct. Rule 50 Section 3.B exempts newly licensed producers from CE until they have held the license for one full year, with the requirement first applying at the next renewal after that year.

• B: Rule 50 does not use a 30-day trigger for this exemption.
• C: The exemption period is one year, not five years.
• D: A brand-new producer is not immediately subject to CE; Rule 50 grants a one-year exemption period first.