State RegulationsNC specificDifficulty 1/5
An individual applies to the NCDOI for a life agent license and asks to add the accident and health line of authority on the same application. Under G.S. 58-33-125(c), the fees due are:
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Answer & full 3-part explanation (select an option above, or peek)
Why C is correct
Under G.S. 58-33-125(c), any person required to be licensed pays $50 upon application plus $50 for each additional line of authority applied for. A life applicant adding the accident and health line therefore owes $100 total, and fees are nonrefundable once submitted.
Why the other options are wrong
- A) Each additional line of authority costs another $50; it is not bundled free with the first.
- B) The base application fee is $50, not $100; only the per-line charge is added.
- D) The fee is charged per line of authority, not as a flat total for any number of lines.
Memory hook
Fifty to get in, fifty per extra line.