Which situation would NOT result in the termination of a broker's license?

Prepare for the IBABC Fundamentals of Insurance Exam with our detailed quizzes. Utilize flashcards and multiple-choice questions with hints and explanations to ace your exam!

The scenario in which a broker offers a client a substantial premium discount, with authorization from the insurer, represents a legitimate business practice rather than a violation of regulations. Brokers often work to provide competitive rates to their clients, and when an insurer permits such discounts, it demonstrates proper conduct in serving clients' interests. The action is aligned with ethical and legal standards, assuming all parties are compliant with the insurance company's policies regarding pricing and discounts.

In contrast, failing to meet continuing education requirements, committing fraud, or being convicted of a criminal offense are serious infractions that typically lead to disciplinary actions, including the potential termination of a broker's license. These situations reflect a lack of commitment to professional standards and ethical behavior, which are critical in maintaining the integrity of the insurance profession. Therefore, the correct scenario does not involve any misconduct that would jeopardize a broker’s license.

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