The correct answer is: A. One year
The license issued to the agent is valid for one year. This means that the agent must renew their license every year in order to continue working as an agent. The renewal process is relatively simple and can be done online or by mail.
There are a few reasons why the license is only valid for one year. First, it allows the state to keep track of who is licensed to work as an agent and to make sure that they are meeting all of the requirements. Second, it helps to ensure that agents are up-to-date on the latest laws and regulations. Finally, it gives the state the opportunity to remove agents who are not meeting the standards.
If an agent does not renew their license, they will no longer be able to work as an agent. This means that they will not be able to represent clients or help them with their financial needs. It is important for agents to renew their license on time so that they can continue to provide their services to clients.
Here is a brief explanation of each option:
- Option A: One year. This is the correct answer. The license issued to the agent is valid for one year.
- Option B: Two years. This is not the correct answer. The license issued to the agent is only valid for one year.
- Option C: Three years. This is not the correct answer. The license issued to the agent is only valid for one year.
- Option D: Five years. This is not the correct answer. The license issued to the agent is only valid for one year.