State RegulationsTN specificDifficulty 1/5
Which of the following best states the baseline requirements for an individual applying for a Tennessee resident insurance producer license?
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Answer & full 3-part explanation (select an option above, or peek)
Why A is correct
Tennessee's resident-licensing standards under T.C.A. § 56-6-103 require an applicant to be at least 18 years of age and a Tennessee resident, and to be found competent, trustworthy, and financially responsible with a good business reputation. The Commissioner verifies these qualifications through the licensing process; a college degree, business ownership, work experience, and a fixed residence period are not among the statutory requirements.
Why the other options are wrong
- B) A college degree and insurer sponsorship are not Tennessee requirements; the statute asks for age, residency, and character.
- C) Owning a business and accumulating insurance experience are not statutory conditions for a resident producer license.
- D) Citizenship is not a requirement, and the statute imposes no fixed years of residence beyond being a Tennessee resident.
Memory hook
Eighteen, resident, and reputable — the Tennessee baseline for producers.