What is the maximum financial penalty the Commissioner may impose upon a licensee who knowingly engages in unfair trade practice violations within a 6-month period?

Insurance

Are you having trouble answering the question “What is the maximum financial penalty the Commissioner may impose upon a licensee who knowingly engages in unfair trade practice violations within a 6-month period?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.

What is the maximum financial penalty the Commissioner may impose upon a licensee who knowingly engages in unfair trade practice violations within a 6-month period?

a. $5,000

b. $10,000

c. $1,000

d. $50,000

Answer: d. $50,000

You should now have gotten the answer to your question “What is the maximum financial penalty the Commissioner may impose upon a licensee who knowingly engages in unfair trade practice violations within a 6-month period?”, which was part of Insurance MCQs & Answers. Thanks for choosing us.