Florida 2-20 General Lines Agent (Property, Casualty, Commercial Lines and Florida Law)Florida Law and EthicsHard
A licensed Florida 2-20 General Lines Agent is found to have allowed their license to lapse due to failure to complete required continuing education. They wish to reinstate their license after 18 months. What is the most likely requirement for them to reinstate their license at this point?
- AThey must reapply for a new license and pass the state exam again.
- BThey must complete 20 hours of CE, including 4 hours of ethics, and pay a penalty, but no re-examination is required.
- CThey can reactivate the license by completing all past due CE hours and paying a late fee.
- DThe license cannot be reinstated after 12 months; they must wait 2 years before reapplying.
Show answer & explanationAnswer & explanation
Correct answer: A. They must reapply for a new license and pass the state exam again.
In Florida, if an agent's license has been inactive for more than 12 months, they generally must reapply for the license and pass the state examination again. Reactivation with just CE and fees is typically only an option within the first 12 months of lapse.
Why the other options are wrong
- B. While CE and fees are involved, the re-examination requirement is critical after 12 months of lapse.
- C. This option is typically available only if the license has been inactive for 12 months or less.
- D. There is no waiting period of 2 years; they can reapply immediately but must pass the exam.
License Reinstatement (Florida)
The process by which a lapsed Florida insurance license can be reactivated, with requirements varying based on the duration of the lapse.
- Lapse of 12 months or less: complete CE, pay fees, late fees.
- Lapse of more than 12 months: must reapply and pass the state exam.
- The Department of Financial Services (DFS) oversees this process.
Memory trick: Reinstatement Rules: Re-enter the market, Responsibly.