What is the minimum age to hold a life insurance license in Virginia?

Study for the Virginia Life Insurance Laws and Rules Exam. Use flashcards and multiple-choice questions with hints and explanations to prepare effectively. Get exam-ready now!

In Virginia, the minimum age to hold a life insurance license is 18 years. This requirement is part of the state's regulations to ensure that individuals who sell life insurance have reached a level of maturity and responsibility appropriate for handling financial products. Being at least 18 years old means that the individual is legally an adult and can enter into contracts, which is essential for the role of a licensed insurance agent.

The licensing process also typically includes completing pre-licensing education and passing an examination, but the initial age requirement establishes a foundational standard for participating in the insurance industry. Thus, anyone wishing to pursue a career in life insurance in Virginia must be at least 18 years old to qualify for licensure.

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