Texas Life Agent Practice Exam

When is it necessary for an agent to update their contact information with the state?

1. When changing insurance companies

2. Whenever they change their office location

3. Only if they change their email address

4. Whenever there is a change in their personal status

The correct answer is: Only if they change their email address

An agent is required to update their contact information with the state whenever there is a change in their office location, as this ensures that the state can maintain accurate and up-to-date records for communication and compliance purposes. Keeping the state informed about the office location is vital for regulatory reasons, as it allows for appropriate oversight and the ability to reach the agent as needed. While changes in personal status or email addresses are also important for overall communication, they do not encompass the full scope of necessary updates. It is critical for regulatory bodies to know where an agent is physically operating their business to ensure that licensing requirements and other obligations are being met.