LC 5 (4 of 8 ) LICENSING REQUIREMENTS

transferable

A license to which these exemptions apply must be held by the applicant in an individual capacity and is not ______________.

appointed

A licensee may not act as an agent unless he or she has been appointed by a designated insurer who is authorized to engage in business in Texas.

Name

An application to sell insurance in Texas must include the following information. 1 of 6, N___________

age

An application to sell insurance in Texas must include the following information. 2 of 6 A___________

occupation

An application to sell insurance in Texas must include the following information. 3 of 6 O___________________

license

An application to sell insurance in Texas must include the following information. 6 of 6 a statement of ________________ history

sale

An insurance agent license is not required of any officer, director or employee of an insurer or organizations employed by insurers, provided they are not directly or indirectly involved with (1 of 2 ) the actual __________ of an insurance contract and do not receive any commission.

commissions

An insurance agent license is not required of any officer, director or employee of an insurer or organizations employed by insurers, provided they are not directly or indirectly involved with the actual sale of an insurance contract and (2 of 2) do not receive any _________________.

agent

Any person who solicits insurance on behalf of an insurance company, takes an application, examines risk or collects premium is considered an ____________

share

If a licensed local recording agent with no appointment from an insurance company refers an application of insurance to a local recording agent who has an appointment with that company, the agent who has the appointment may ___________ the commission with the agent who does not have an appointment if the referral results in the issuance of a policy of insurance

12 months

The Department can issue a license to an individual applicant who meets all of the following requirements: (1 of 2) Has passed the required licensing examination in the last 12 months

fees

The Department can issue a license to an individual applicant who meets all of the following requirements: (1 of 3) Has submitted the application, required _______ and any other required information required by the Department;

18

The Department can issue a license to an individual applicant who meets all of the following requirements: (1 of 4 ) Is at least ____ years old;

denied

The Department can issue a license to an individual applicant who meets all of the following requirements: (1 of 4) Has not committed any acts for which a license may be ___________________.

fingerprints

The Department of Insurance can deny an application if a complete set of ____________ is not provided upon request.

renewal

The following applicants are NOT required to take an examination for an insurance license; ( 1 of 8) ____________ for an UNEXPIRED license issued by the department

1 year

The following applicants are NOT required to take an examination for an insurance license; ( 2 of 8) an expired license within ____ year before the application date if in good standing

depository

The following applicants are NOT required to take an examination for an insurance license; ( 3 of 8) The applicant is a partnership, corporation or ______________ institution.

Charter Life Underwriter

The following applicants are NOT required to take an examination for an insurance license; ( 4 of 8) the applicant is applying for a Life accident and health license and already hold a designation as a (CLU) which stands for ?

Charter property and casualty underwriter

The following applicants are NOT required to take an examination for an insurance license; ( 6 of 8) An applicant applying for a PROPERTY AND CASUALTY LICENSE is designated as a (CPCU) which stands for ?

non resident

The following applicants are NOT required to take an examination for an insurance license; ( 7 of 8) applying for a _______________ license if exempt based on procedures and licensed in home state.

Fraternal

The following applicants are NOT required to take an examination for an insurance license; ( 8 of 8) an applicant for a general life health accident or life agent license who is authorized to solicit insurance on behalf of a _______________ benefit society.

administrative

The following individuals are NOT required to hold an insurance producer license: (1 of 8 ) A Director or employee of an insurer whose activities are limited to executive, _______________, managerial, or clerical;

technical advise

The following individuals are NOT required to hold an insurance producer license: (2 of 8 )The director or employee of a special agent assisting insurance producers by providing _______________ advice and assistance to licensed insurance producers;

group

The following individuals are NOT required to hold an insurance producer license: (3 of 8 ) A person who secures and furnishes information for ___________ insurance or performs administrative services related to mass-marketed property and casualty insurance;

benefits

The following individuals are NOT required to hold an insurance producer license: (4 of 8 ) An employer or association engaged in the administration or operation of a program of employee ____________ for the employer's or association's own employees;

supervision

The following individuals are NOT required to hold an insurance producer license: (5 of 8 ) Employees of insurers or organizations engaging in the inspection, rating or classification of risks, or in the _______________ of the training of insurance producers and who are not individually engaged in the sale of insurance;

advertising

The following individuals are NOT required to hold an insurance producer license: (6 of 8 ) A person whose activities are limited to _______________ without the intent to solicit insurance;

commercial property

The following individuals are NOT required to hold an insurance producer license: (7 of 8 ) A nonresident who sells, solicits or negotiates a contract of insurance for ________________ property and casualty risks to an insured with risks located in more than one state insured under that contract

employer

The following individuals are NOT required to hold an insurance producer license: (8 of 8 ) A salaried full-time employee who counsels or advises his or her employer relative to the insurance interests of the _______________ or subsidiaries.

$50

To act as a life insurance agent in Texas, an applicant must file a written application with the Commissioner along with a non - refundable filing fee of ______.

Commissioner

To act as a life insurance agent in Texas, an applicant must file a written application with the _________________ along with ....

date and cause

When an insurer terminates an agent's appointment, it must immediately file with the Commissioner a statement of the facts related to the termination and the _____ and _________.

revoked

a statement as to whether the applicant has ever held a license before, been refused a license or had one _______________.