Accident-and-Health-or-Sickness-Producer Exam Dumps - MarylandAccident and Health or Sickness Producer Series 20-24 Exam

An appointment (Insurance Article, § 10-103) is the formal agreement allowing a producer to sell an insurer’s policies for compensation, distinct from a license (producer credential), certificate of authority (insurer’s right), or vague binding agreement.

References:Maryland Insurance Article, § 10-103, § 4-101; MIA producer regulations.

Advertisements (Insurance Article, § 27-503) can highlight advantages or ratings if true, but misrepresenting coverage via a title is illegal, deceiving consumers about policy benefits.

References:Maryland Insurance Article, § 27-503; MIA advertising standards.

Commissions (Insurance Article, § 10-103) require a license, but a producer earning a commission while licensed can be paid post-termination. Unlicensed individuals or brokers can’t legally receive commissions.

References:Maryland Insurance Article, § 10-103, § 10-130, § 3-306; MIA commission rules.