QuestionMay 27, 2025

An agent is legally permitted to share his/her commissions A. with an insurance applicant B. with an unlicensed agent C. with a proposed beneficiary D. with another licensed agent

An agent is legally permitted to share his/her commissions A. with an insurance applicant B. with an unlicensed agent C. with a proposed beneficiary D. with another licensed agent
An agent is legally permitted to share his/her commissions
A. with an insurance applicant
B. with an unlicensed agent
C. with a proposed beneficiary
D. with another licensed agent

Solution
4.3(237 votes)

Answer

D. with another licensed agent Explanation In most jurisdictions, agents are allowed to share commissions with other licensed agents as it complies with regulatory standards. Sharing with unlicensed individuals or applicants is typically prohibited.

Explanation

In most jurisdictions, agents are allowed to share commissions with other licensed agents as it complies with regulatory standards. Sharing with unlicensed individuals or applicants is typically prohibited.<br /><br />
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