State RegulationsNY specificDifficulty 1/5
Under Reg 125 (11 NYCRR Part 34.5), a New York agent's license, or a copy of it, must be:
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Why C is correct
Under Reg 125 (11 NYCRR Part 34.5), an agent must display the license — or a copy of it — prominently at each place of business where insurance is transacted with the public. Display lets customers confirm at a glance that they are dealing with a properly licensed producer.
Why the other options are wrong
- A) The regulation addresses display at the business premises, not carrying the license around in a pocket or wallet.
- B) A residence is not a place of business with the public, so displaying the license there satisfies nothing.
- D) The insurer keeps its own appointment records, but the display duty is the agent's, at the agent's place of business.
Memory hook
Hang the license where the customers are.