All of the following could be reasons for issuing a temporary producer's license EXCEPT
A. Training of new personnel after the producer becomes disabled.
B. Servicing of the existing accounts until the producer returns from the Armed Forces.
C. Licensing of new insurance producers after the business has been transferred.
D. The sale of the insurance business due to the death of the producer.
Answer (2)
A temporary producer's license is typically issued to handle situations like a producer's disability or death. The exception is applying for new licenses after a business transfer, which requires a full licensing process. Therefore, option C is the correct answer. ;
The correct answer is option C: 'Licensing of new insurance producers after the business has been transferred.' This is not a valid reason for issuing a temporary producer's license, as new producers must undergo the full licensing process. The other options describe valid scenarios for temporary licenses aimed at ensuring continuity in client service.
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