Which of the following is a requirement for maintaining an insurance producer license?

Completion of continuing education on ethics is a fundamental requirement for maintaining an insurance producer license. This requirement ensures that licensed producers remain knowledgeable about current ethical practices and regulations within the insurance industry, which is crucial for protecting consumer interests and ensuring fair treatment. By engaging in ongoing education, producers can stay updated on best practices and legal obligations, which ultimately enhances their professional competency and service to clients.

While regular audits and monitoring by the insurance company are practices that occur, they are not formal license maintenance requirements set by regulatory bodies. Background checks, although important initially, are not a continual requirement like ongoing education. Renewing the license every year is also a common practice but does not directly contribute to the ethical knowledge necessary for professional development, which is why continuing education on ethics stands out as the most pertinent requirement.