1) The Director will issue a counselor's license to a qualified applicant within how many days of the application?

14 days

10 days

60 days

30 days

2) To qualify for an insurance producer's license, a person must have all of the following EXCEPT:

a good reputation and character

a college degree

18 years of age

the licensing fee

3) A producer can be licensed in all of the following lines of insurance EXCEPT:

credit

personal trust

personal lines

variable life

4) Samantha, Trudy, Raul, and Justin are applying for producers' licenses in Michigan. The Director will probably NOT waive the prelicensing and examination requirements for which applicant?

Samantha, who holds a certified financial planner (CFP) designation

Raul, who holds undergraduate and graduate degrees in accounting

Trudy, who is applying for a limited license

Justin, who was licensed as a producer but let his license lapse one month ago