State RegulationsMI specificDifficulty 2/5
Under M.C.L. 500.1204(5), which Michigan license applicant qualifies for a waiver of the pre-licensing education requirement?
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Answer & full 3-part explanation (select an option above, or peek)
Why D is correct
M.C.L. 500.1204(5) waives the registered program of study (pre-licensing education) for applicants holding qualifying professional designations, relevant college insurance degrees, or a prior Michigan license in the same line that was surrendered within 12 months. The 12-month window recognizes that recently licensed experience makes retraining redundant.
Why the other options are wrong
- A) 18 months exceeds the 12-month surrender window in M.C.L. 500.1204(5), so the prior-license waiver no longer applies.
- B) The waiver covers college degrees in insurance, not business administration generally.
- C) Under M.C.L. 500.1204(4), a failed examination attempt is not a waiver of pre-licensing education; the candidate must reapply, repay the fees, and still satisfy the education requirement.
Memory hook
Surrendered it recently (12 months)? Skip the class. Waited 18? Sit down and study.