Texas Life Agent Practice Exam

How long must a licensee wait to be eligible for a new license after revocation?

1. 2 years

2. 3 years

3. 5 years

4. 10 years

The correct answer is: 5 years

A licensee who has had their license revoked must wait a period of 5 years before they are eligible to apply for a new license. This waiting period is in place to ensure that individuals have sufficient time to reflect on the reasons for revocation and potentially correct any issues that led to the revocation in the first place. It also serves as a buffer to maintain the integrity of the licensing process and protect the public from those who may not be fit to practice. This 5-year requirement is a common standard in many states, including Texas, reflecting the importance of accountability within the insurance industry. By implementing such a waiting period, the state aims to uphold high professional standards while allowing individuals the opportunity to re-enter the profession, provided they are deemed suitable after the waiting period.