State RegulationsMA specificDifficulty 2/5
A Massachusetts producer missed his renewal deadline and his license has lapsed. He wants to keep selling without retaking the examination. What does Massachusetts law allow?
Select an option to reveal the answer and the full 3-part explanation — free, no signup.
Answer & full 3-part explanation (select an option above, or peek)
Why B is correct
Under M.G.L. c. 175, § 162M and Massachusetts Division of Insurance licensing guidance, a lapsed producer license may be reinstated within 12 months of the lapse without re-examination, on payment of a penalty equal to double the unpaid renewal fee. Once 12 months have passed, the producer must pass the examination again — so acting inside the window is the way to keep selling without retaking the test.
Why the other options are wrong
- A) Automatic restoration is wrong twice over: reinstatement requires the double-fee penalty, and the 12-month window is not open-ended.
- C) Inside the 12-month window no re-examination is required under M.G.L. c. 175, § 162M; the examination comes back into play only after the window closes.
- D) Insurer sponsorship cannot waive the reinstatement penalty; the double-fee payment is the price of restoring the lapsed license.
Memory hook
Twelve months and double the fee — after that, it's back to the exam.