Questions: Multiple Choice An agent does NOT need to notify the Bureau of Insurance of a A. O name change B. O felony conviction C. O change in financial status D. O change of address Submit 200 Question Exam Simulator: Virginia Life

The answer is C: change in financial status.

Explanation for each option:

A. Name change - Agents are typically required to notify the Bureau of Insurance of any name changes to ensure that their records are accurate and up-to-date. This is important for maintaining proper identification and communication.

B. Felony conviction - Agents must notify the Bureau of Insurance of any felony convictions. This is crucial because a felony conviction can impact an agent's ability to hold a license, as it may raise concerns about their trustworthiness and suitability for the role.

C. Change in financial status - Generally, agents are not required to notify the Bureau of Insurance about changes in their financial status. Financial status changes do not directly impact the agent's ability to perform their duties or their compliance with licensing requirements.

D. Change of address - Agents must inform the Bureau of Insurance of any change of address. This ensures that they receive important communications and that their contact information is current.

In summary, the correct answer is C: change in financial status, as it is not typically a requirement for agents to notify the Bureau of Insurance about this change.