K is an agent who made an improper sale of an annuity to a client. Which of the following corrective actions would the Department of Financial Services likely order K to take?

In cases involving improper sales of financial products like annuities, the Department of Financial Services often prioritizes the financial restitution of the client who was harmed by the actions of the agent. The underlying principle here is to make the client whole and rectify any financial detriment they experienced due to the improper sale.

Monetary restitution is a corrective action aimed at compensating the client for any losses incurred because of the agent's misconduct. This approach serves both to remedy the client's situation and reinforce the responsibility of agents to adhere to ethical and legal standards in their sales practices. By ordering K to pay restitution, the Department emphasizes accountability and the protection of consumers.

This focus on restitution shows a commitment to fair treatment of clients and highlights the importance of responsible conduct in the insurance industry. Other options, such as revoking K's license, providing training, or issuing an apology, may also be consequences of improper conduct but are not as directly aimed at addressing the immediate financial harm done to the client.