Question 10028 of 324 · Texas Life, Accident and Health Agent Exam

An agent may share a commission with

Exactly one answer is correct.

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Correct answer to question 10028

  • D: another licensed agent or entity that holds the proper license

Explanation

An insurer or agent may not pay a commission or other valuable consideration for agent services to a person who does not hold a license, other than renewal or deferred commissions to a person who is no longer licensed.

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