Question

In the event of the death, disablement of a licensee, or other specific events, the Commissioner may issue temporary license to another to continue their business of insurance. A temporary license is issued for a period not to exceed

1) 12 months
2) 90 days
3) 6 months
4) 9 months

Answer 1

The Commissioner may issue a temporary license to continue the business of insurance in certain situations.

Step-by-step explanation:

In the event of the death, disablement of a licensee, or other specific events, the Commissioner may issue a temporary license to another to continue their business of insurance. A temporary license is typically issued for a period not to exceed 12 months.

Hence, The Commissioner may issue a temporary license to continue the business of insurance in certain situations.