What happens if a producer renewal is more than 12 months late?

If a producer renewal is more than 12 months late, the correct outcome is that the producer must retake the exam. In the context of insurance licensing, timely renewal is crucial for maintaining the validity of the license. When a license is not renewed within the specified time frame, it becomes inactive or expired, requiring the individual to demonstrate their knowledge and competence again by passing the licensing exam.

This requirement serves to ensure that producers stay current with industry regulations, practices, and any changes that might have occurred since their last certification. By mandating the re-examination after a significant lapse in renewal, regulatory bodies help maintain a standard of professionalism and competency in the field.