1/10
Insurance Test Practice
Premium Login
Free Virginia Virginia P&C Law & Ethics Practice Test
Question 1 of 10
Virginia P&C Law & Ethics
Exit Practice
A business entity (corporation or partnership) wishes to act as an insurance agency in Virginia. What must the entity do to obtain a license?
A
They must apply for a license and designate at least one licensed individual agent to be responsible for compliance.
B
No license is needed if the officers are licensed.
C
They must complete 40 hours of pre-licensing education.
D
They must pay a fee directly to the federal government.
Next Question