State insurance regulations mandate that anyone selling, soliciting, or negotiating insurance must be licensed, but provide specific exemptions for certain administrative or non-sales roles. Which of the following individuals are exempt from holding an insurance producer license? Select all that apply.
- A company's human resources manager who assists employees with enrolling in a group health plan without receiving any direct insurance commission.Cevap
- An administrative clerk at an insurance agency who strictly files paperwork and directs phone calls without discussing policy terms.Cevap
- CA bank employee who distributes agency brochures and receives a percentage of the premium for every resulting policy sale.
- DAn agency receptionist who quotes premium rates to walk-in customers when the licensed producers are busy.
Cevap
The human resources manager and the administrative clerk.
Both the human resources manager and the administrative clerk perform strictly administrative or benefit-enrollment tasks without discussing coverage terms or receiving sales-based commissions. State laws explicitly exempt these roles from licensing requirements.
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Anahtar Kavram
Licensing Exemptions for Clerical and Administrative Duties