Question

A salesperson who wishes to represent a variable life insurance company must properly register with all of the following regulators EXCEPT:

a. The State Insurance Commissioner
b. The State Securities Commissioner
c. The Federal Insurance Commission
d. FINRA

Answer 1

A salesperson who wishes to represent a variable life insurance company must properly register with the State Insurance Commissioner, the State Securities Commissioner, and FINRA.

Step-by-step explanation:

The correct answer is c. The Federal Insurance Commission. A salesperson who wishes to represent a variable life insurance company must properly register with the State Insurance Commissioner, the State Securities Commissioner, and FINRA. However, the Federal Insurance Commission does not regulate the registration of salespeople for variable life insurance companies.