G5: Producers (Section I)

3 Types of Agent Authority

Express (Actual) Authority

Implied Authority

Apparent Authority

Insurance Agent

Insurance Agent

Life Agent

Is there such thing as Life Insurance Agent?

Concurrent License

Transact

TRANSACTING INSURANCE REQUIRES A LICENSE

Transacting insurance without a license results:

Insurance Solicitor

NO such thing as a Life Solicitor / P&C Solicitor.

Personal Lines Agent

Life & Disability Analyst

Life Analyst Fee

Life Agent VS Life Analyst

Life Insurance Class

Disability Class

# of Classes of Insurance

Life Only Agents can transact only:

Accident and Health Agents can transacts only...

Life Agents

Property Broker-Agent + Casualy Broker-Agent =

Property Broker-Agents

Casualty Broker-Agent

Insurance Broker