If a licensed producer from another state moved to Utah, how many days does he or she have to apply for an insurance product license to waive the examination requirement?

Study for the Utah Property and Casualty Insurance Producer Exam. Prepare with flashcards and multiple-choice questions, each providing hints and explanations. Get ready for your exam!

To waive the examination requirement for an insurance product license in Utah, a licensed producer from another state must apply within 90 days of establishing residency in Utah. This provision allows experienced producers who have already demonstrated their qualifications in their previous state to transition smoothly into the Utah insurance market without the need to retake the examination, given they meet the necessary licensing requirements and submit their application within the designated time frame.

The 90-day period is significant as it provides sufficient time for producers to complete the necessary paperwork and ensure compliance with Utah's licensing regulations while maintaining continuity in their professional endeavors. This accommodation encourages mobility among insurance professionals and helps to facilitate a more integrated insurance market.

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