State RegulationsTN specificDifficulty 1/5
A Tennessee producer wants to sell both life insurance and property insurance. Under Tennessee's licensing structure, what does she need?
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Answer & full 3-part explanation (select an option above, or peek)
Why B is correct
Tennessee grants lines of authority separately: life, accident and health, property, casualty, personal lines, title, and adjuster categories each require their own license, and a producer must hold the license for each line of business actually sold. The producer licensing provisions, including T.C.A. § 56-6-105, structure licensure by line of authority, and TDCI issues the licenses accordingly. Selling property on the strength of a life license would be unlicensed activity.
Why the other options are wrong
- A) No omnibus license exists in Tennessee; combining life and property authority requires separate qualifications and licenses.
- C) A life license confers no property authority — the lines are distinct and separately examined and licensed.
- D) Residency status (resident versus nonresident) is separate from the question of lines of authority; a Tennessee resident producer needs resident licenses for both lines.
Memory hook
One line, one license: Tennessee sells authority by the line, not by the bundle.