Massachusetts Life Producer Practice Exam

A Massachusetts residential producer convicted of a felony can resume engaging in insurance transactions if...

1. They wait for five years

2. The Commissioner gives written consent

3. They move to another state

4. They complete a rehabilitation program

The correct answer is: The Commissioner gives written consent

A Massachusetts residential producer convicted of a felony is required to obtain written consent from the Commissioner in order to resume engaging in insurance transactions. This is part of the regulatory framework designed to ensure that individuals involved in the insurance industry maintain high ethical and professional standards. Gaining the Commissioner’s approval often involves a review process, where the individual’s circumstances, the nature of the conviction, and any rehabilitative efforts or changes made since the felony are considered. This requirement emphasizes accountability and the importance of trust in the insurance sector. The options related to waiting periods, moving to another state, or completing a rehabilitation program do not directly provide the legal pathway to resume insurance activities without the Commissioner’s approval. Each of these factors may be part of an individual's personal or professional development but do not substitute for the necessary consent mandated by the state's regulations.