State RegulationsVA specificDifficulty 1/5
What is the range of the appointment fee associated with a producer appointment in Virginia?
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Answer & full 3-part explanation (select an option above, or peek)
Why A is correct
Va. Code § 38.2-1834.1 fixes the appointment fee in the range of $7 to $25 per producer. This appointment fee is distinct from the license application fee charged per qualification and from the examination fee; it attaches to the insurer's act of appointing a producer to represent it. Keeping the three fee categories separate is a recurring source of confusion for candidates preparing under the Virginia Bureau of Insurance's licensing framework.
Why the other options are wrong
- B) $10 to $20 describes the statutory range for the license application fee per line of authority under Va. Code § 38.2-1819, not the appointment fee.
- C) $15 is the license application fee per qualification and $35 is the examination fee; neither defines the appointment fee range.
- D) $5 is the minimum interest payment on death proceeds, and no Virginia appointment fee sits in a $5 to $10 range.
Memory hook
Appointment runs $7 to $25 — don't mix it with the application or exam fees.