How long must an applicant declare any license suspension on their application?

An applicant must declare any license suspension on their application for a duration of 3 years. This requirement ensures that the regulatory body has a clear understanding of the applicant's history and can assess their suitability for holding a license in the insurance industry. The 3-year timeframe is a standard practice that allows for accountability while also recognizing that individuals can learn from past mistakes and become responsible licensees in the future. This approach balances the need for a thorough vetting process with a second chance for those who have made efforts to rectify past issues.