Which of the following is NOT a requirement to qualify for an insurance license?

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Prepare for the New York State Property and Casualty Licensing Exam. Use engaging quizzes and detailed explanations to enhance your understanding and readiness. Get confident and ready to succeed!

To qualify for an insurance license in New York, one of the requirements is to pass the written examination for each line of authority. This ensures that applicants have the necessary knowledge and understanding of insurance principles, laws, and practices relevant to the specific types of insurance they intend to sell.

Additionally, being a resident of New York is essential, as licensing is typically tied to residency in the state where one wishes to operate. Age requirements are also in place, stipulating that applicants must be at least 18 years old to ensure accountability and maturity in handling financial transactions and client relationships.

However, holding a degree in Business is not a requirement for obtaining an insurance license in New York. While having a degree may be beneficial in terms of knowledge and professional development, it is not mandated by the state for licensing purposes. Therefore, option C is correctly identified as something that is not necessary to qualify for an insurance license.

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