If a licensee ceases residency, to whom must the license be delivered within 30 days after terminating residency?

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Prepare for the North Carolina Health Insurance Test. Study with flashcards and multiple choice questions; each comes with hints and explanations. Get ready for your assessment!

Multiple Choice

If a licensee ceases residency, to whom must the license be delivered within 30 days after terminating residency?

Explanation:
When a licensee ceases residency, the license must be surrendered to the state regulatory authority so records can be updated and the license canceled. The Commissioner of Insurance is the official who administers and maintains licensure, so delivering the license to the Commissioner within 30 days after residency ends ensures proper cancellation and prevents someone from practicing under a now-invalid license. The insurer does not have authority to cancel licenses, and the Secretary of State does not handle insurance licensure in this context, so those options aren’t appropriate.

When a licensee ceases residency, the license must be surrendered to the state regulatory authority so records can be updated and the license canceled. The Commissioner of Insurance is the official who administers and maintains licensure, so delivering the license to the Commissioner within 30 days after residency ends ensures proper cancellation and prevents someone from practicing under a now-invalid license. The insurer does not have authority to cancel licenses, and the Secretary of State does not handle insurance licensure in this context, so those options aren’t appropriate.

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