Ace Arkansas Life & Health Insurance 2025 – Secure Your Success!

B, C, and D are incorrect options because they do not accurately reflect the qualifications for becoming an insurance producer. Option B mentions a requirement of 200 hours of practice work, but this is not a standard requirement for all states and may vary. Option C states that only state residency is required, but there are also other qualifications such as passing an exam and completing a pre-licensing course. Option D mentions a psychological evaluation, but this is not a standard requirement for becoming an insurance producer. Thus, option A is the most accurate as it reflects the standard requirement of designating an individual producer to ensure compliance with regulatory requirements.