The correct answer is: B. 50 hours.
According to the National Association of Insurance Commissioners (NAIC), all applicants for a life insurance license must complete at least 50 hours of pre-licensing education, including 25 hours of life insurance-specific training. The remaining 25 hours can be completed in any area of insurance, but it is recommended that applicants focus on areas that will be most relevant to their future career.
The NAIC also requires that all life insurance licensees complete 15 hours of continuing education every two years. This continuing education can be taken in a variety of formats, including online courses, webinars, and in-person seminars.
It is important to note that the specific requirements for life insurance licensing vary from state to state. Applicants should always check with their state’s insurance department to verify the requirements in their jurisdiction.
Here is a brief explanation of each option:
- Option A: 25 hours. This is the minimum number of hours of pre-licensing education required by the NAIC. However, many states require applicants to complete more than 25 hours of training.
- Option B: 50 hours. This is the number of hours of pre-licensing education required by the NAIC for life insurance licenses.
- Option C: 75 hours. This is the number of hours of pre-licensing education required by some states for life insurance licenses.
- Option D: 100 hours. This is the number of hours of pre-licensing education required by some states for life insurance licenses.