The Questions and Answers on Life Insurance Workbook by Tony Steuer
Author:Tony Steuer [Steuer, Tony]
Language: eng
Format: epub
ISBN: 978-0-9845081-3-6
Publisher: Live Oak Book Company
Published: 2011-03-07T16:00:00+00:00
STATE INSURANCE DEPARTMENT COMPLIANCE
Any person selling life insurance must be licensed. As with an attorney needing to pass the bar in any state in which he/she intends to practice, life insurance salespeople are required to pass an exam administered by each state’s department of insurance, as well as to enroll in continuing education seminars on a regular basis. The representative you ultimately select must be licensed in the state where you, the insured, either work or live. You can find a directory of these departments on www.lifeinsurancetoolbook.com. The resources and compliance standards within state insurance departments can sometimes be more lax in some states than in others. On most state insurance departments’ websites, you can research whether an insurance representative is licensed.
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