IFSE Institute Life License Qualification Program (LLQP) LLQP Question # 60 Topic 7 Discussion

IFSE Institute Life License Qualification Program (LLQP) LLQP Question # 60 Topic 7 Discussion

LLQP Exam Topic 7 Question 60 Discussion:
Question #: 60
Topic #: 7

After working nine years as an insurance agent, Jamie decides to make a change in her life and go back to school. A colleague she used to work with on personal health insurance congratulatesher and tells her that he will pay her a flat fee for every health insurance referral she makes to him, as long as the referral results in a sale. What could be said about this referral arrangement?


A.

It is allowed, because Jamie used to be a licensed agent herself.


B.

It is allowed, provided the persons being referred are aware of the arrangement.


C.

It is not allowed, because Jamie’s earnings are contingent upon the agent’s sales.


D.

It is not allowed, because Jamie earns a flat fee for each prospect referred.


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