Question

How often must an insurance agent's licenses normally be renewed?

A. Every year.
B. Every two years.
C. Every three years.
D. Every five years.

Answer 1

An insurance agent's licenses are most commonly renewed every two years, though it can vary by state. Compliance with state requirements and additional education credits might be necessary for renewal.

Step-by-step explanation:

The frequency at which an insurance agent's licenses must be renewed varies by state, but the most common renewal period is every two years (Option B).

It is crucial for agents to keep track of their individual state's requirements to ensure compliance and continuation of business. Some states might require additional ongoing education credits for renewal, and failing to renew on time can result in the suspension of the license and the ability to conduct business.