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

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What is the penalty for a producer who accepts business from an unlicensed producer?

License suspension

License revocation

Accepting business from an unlicensed producer is a serious violation and can result in the revocation of a producer's license. This penalty is intended to deter producers from engaging in unethical practices and to protect consumers from fraud. Options A and D are incorrect because they do not reflect the severity of the violation. License suspension or additional training requirements may be given as a warning or for less serious violations. Option C is also incorrect as it does not address the specific violation of accepting business from an unlicensed producer.

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Monetary fine

Additional training requirements

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