To keep the surplus lines license active, the agent must maintain it as a General Property and Casualty Agent or Managing General Agent.

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Multiple Choice

To keep the surplus lines license active, the agent must maintain it as a General Property and Casualty Agent or Managing General Agent.

Explanation:
Surplus lines activity is a property and casualty business handled under P&C licensing. To keep a surplus lines license active, the agent must have authority in property and casualty insurance, either by holding a General Property and Casualty Agent license or by serving as a Managing General Agent with underwriting/binding authority for surplus lines. Licenses that cover life or health (or their Accident and Health variant) don’t authorize surplus lines transactions, so they don’t meet this requirement. That’s why the best answer is the General Property and Casualty Agent.

Surplus lines activity is a property and casualty business handled under P&C licensing. To keep a surplus lines license active, the agent must have authority in property and casualty insurance, either by holding a General Property and Casualty Agent license or by serving as a Managing General Agent with underwriting/binding authority for surplus lines. Licenses that cover life or health (or their Accident and Health variant) don’t authorize surplus lines transactions, so they don’t meet this requirement. That’s why the best answer is the General Property and Casualty Agent.

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