When does a funeral prearrangement life insurance agent license expire?

The correct answer is based on the licensing regulations that govern funeral prearrangement life insurance agents. A funeral prearrangement life insurance agent license typically requires renewal on a biannual basis, which involves submitting a renewal application along with the necessary fees. If an agent fails to carry out this renewal process, their license effectively expires.

This requirement ensures that agents maintain their qualifications and stay updated on pertinent laws and practices within the industry. The need for a renewal application and fee emphasizes the importance of ongoing oversight of licensed professionals in order to protect consumers and ensure that agents remain compliant with current regulations.

The other options do not align with the licensing rules that govern the expiration of a funeral prearrangement life insurance agent's license. Retiring or reaching a certain age does not automatically lead to the expiration of a license, and inactivity does not typically factor into whether a license remains valid unless tied directly to the renewal process.