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An application for an insurance license must be accompanied by

Rationale

Payment of a filing fee.

To obtain an insurance license, applicants are required to submit a filing fee along with their application. This fee is necessary to process the application and is a standard requirement across many states and jurisdictions.

A (A letter of reference from a licensed agent) YOUR ANSWER

While some states may recommend or suggest obtaining a letter of reference, it is not a universal requirement for submitting an application for an insurance license. The focus is primarily on the completion of necessary forms and payment of fees rather than references.

B (An official set of fingerprints of the applicant) YOUR ANSWER

Though fingerprinting is a common requirement for many licensing processes, it is not mandatory for all insurance licenses. Requirements vary by state, and while some may require fingerprints for background checks, it does not apply universally to all applicants.

C (Payment of a filing fee) CORRECT

The payment of a filing fee is a critical requirement for processing an insurance license application. This fee covers the administrative costs associated with reviewing and approving the application, making it an essential step in the licensing process.

D (A transcript of college grades) YOUR ANSWER

A transcript of college grades is typically not required for obtaining an insurance license. While education may be a factor in meeting certain qualifications, the submission of academic transcripts is not a standard requirement for the application process itself.

Conclusion

Obtaining an insurance license necessitates the payment of a filing fee, which is a fundamental requirement for processing the application. Other options, such as letters of reference, fingerprints, or academic transcripts, may vary in necessity based on state regulations but do not represent the universal criteria for licensure. Understanding these requirements is crucial for prospective applicants to ensure a smooth application process.

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