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A-B | C-D | E-F | G-H-I-J | K-L | M-N | O-P | Q-R | S-T | U-V-W-X-Y-Z A - B Bail Agent Bail Permittee Bail Solicitor Bonds The following bond requirements apply to specific license classes, as indicated.
Back to Top C - D Casualty
Broker-Agent Casualty broker-agent license authority is determined by what documents are submitted:
Certificate of License Status Back to Top E - F Endorsement (see also Endorsee) Back to Top G
- H - I - J Interim Public Adjuster Back to Top K - L Life and Disability Analyst Back to Top M - N Nonresident (see also Resident) Back to Top O - P Part-Time Fraternal Agent Property Broker-Agent Section 1625(b)(1) of the California Insurance Code reads, in part, that a property broker-agent licensee is a person authorized to act as an insurance agent, broker, or solicitor, and a fire and casualty broker-agent license is a license so to act. Property broker-agent license authority is determined by what documents are submitted:
completes a Business entity endorsement, which must be submitted through CDI's Business Entity Endorsement and Termination Online Service. Public Insurance Adjuster(see also Insurance Adjuster) Back to Top Q - R Reinsurance
Intermediary-Manager (see also Reinsurance Intermediary Broker) Resident
(see also Nonresident) Back to Top S - T
All special lines' surplus line brokers must meet specified bond requirements. Licensees that fail to meet bond requirements are not authorized to transact. Stock Agent Surplus Line
Broker (see also Special Lines' Surplus Line Broker) All surplus line brokers must meet specified bond requirements. Licensees that fail to meet bond requirements are not authorized to transact. Transact Transact as applied to insurance business includes any of the following: (A) Solicitation; Travel
Agent Back to Top U - V - W - X - Y - Z Back to Top Which of the following is an intermediary who acts on behalf of the insured in insurance transactions?An intermediary is an insurance broker if the intermediary acts in the procuring of insurance on behalf of an applicant for insurance or an insured, and does not act on behalf of the insurer except by collecting premiums or performing other ministerial acts. (4) Insurance agent. What must an insurer obtain in order to transact insurance within a given state?In order to transact an insurance business in this state, any person firm, association, corporation or joint-stock company must have a license issued and in force. Which of these actions should a producer take when submitting an insurance application to an insurer?One of the actions a producer should take when submitting an application is to advise the insurer of any other relevant information not contained in the application. Which of the following documents must be provided to the policy owner or applicant?Which of the following documents must be provided to the policyowner or applicant during policy replacement? Notice Regarding Replacement. During policy replacement, the replacing producer must present to the applicant a Notice Regarding Replacement that is signed by both the applicant and the producer. What must an insurance application contain?There is a series of questions on the application that provide information for underwriting the policy. These questions include name, address, age, height, weight, sex, occupation, earnings, beneficiary, insurance history and medical history.
What is the process for applying for insurance called?Underwriting is a term used to describe the consideration given to a life insurance application, to determine whether a policy applied for should be issued or there are changes to be made depending on the person's risk profile.
What happens if a person submits an insurance application without the first premium?September 21st - If an applicant does not submit an initial premium with the application, he or she is inviting the insurance company to make a contract offer. The insurer can respond by issuing a policy (the offer) that the applicant can accept by paying the premium when the policy is delivered.
What must a producer agent do when delivering a new policy to the insured?A producer must explain policy provisions, exclusions, and riders at the time of delivery, as well as the rating procedures, especially if the policy is rated differently than applied for. The producer must also collect any due premium and have the insured sign the statement of continued good health.
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