What is the fee for a branch license?

Prepare for the PISGS Qualified Agent Exam. Study using flashcards and multiple choice questions, each with detailed hints and explanations, ensuring you're ready to ace your exam!

The fee for a branch license is set at $100. This amount reflects the regulatory costs associated with processing the branch license application, ensuring compliance with legal requirements, and overseeing the activities of the branch. The fee structure is designed to support the administrative framework needed to maintain operational standards and safeguard the interests of consumers. The other amounts listed are incorrect as they do not align with the established fee for a branch license, which has been specifically set at $100 to maintain consistency and manage operational costs effectively.

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