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A life insurance agent who receives a premium payment from an applicant must:

A life insurance agent who receives a premium payment from an applicant must:

A.

Keep the funds in a separate account until the applicant’s policy is issued

B.

Submit the premium payment to the insurer in a timely manner

C.

Instruct the applicant to mail the premium directly to the insurer

D.

Hold the premium payment until the policy can be delivered

Insurance Licensing Virginia-Life-Annuities-and-Health-Insurance Summary

  • Vendor: Insurance Licensing
  • Product: Virginia-Life-Annuities-and-Health-Insurance
  • Update on: Jan 11, 2026
  • Questions: 150
Price: $52.5  $149.99
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