L&HGeorgiaeasy
To sell a variable life insurance policy in Georgia, a producer must hold a Georgia life license AND additionally possess what credential?
A FINRA securities registration (e.g., Series 6 or 7) with a registered broker-dealer
BA Georgia property & casualty license
CA CPA designation
DA Georgia notary commission
Why this is the answer
Because variable life insurance places investment risk on the policyowner via separate-account sub-accounts, Georgia treats it as both an insurance product and a security. Georgia's variable life rule, Ga. Comp. R. & Regs. 120-2-32-.12, requires the producer to hold a current life agent's license and a current NASD (now FINRA) registration, so the producer must also be registered with FINRA through a broker-dealer, typically via the Series 6 (variable contracts only) or Series 7 (general securities) exam. Without both credentials the sale is prohibited.
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