31A-23a-118. Car rental related licensing requirements.
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31A-23a-118. Car rental related licensing requirements.
(1)Subject to Section 31A-23a-103 , a person is required to hold a limited line producer license with a car rental related insurance limited line of authority to sell or offer car rental related insurance coverage under a car rental related insurance policy.
(2)A car rental related insurance limited line license issued pursuant to Sections 31A-23a-103 and 31A-23a-106 authorizes an employee or authorized representative of the licensee to sell or offer coverage under a car rental related insurance policy to a customer at each location at which the licensee engages in car rental related insurance transactions.
(3)An agency holding a car rental related insurance limited line license shall:
(a)be appointed by an insurer underwriting a car rental related insurance policy that the agency sells or offers; and
(b)have a designated responsible licensed individual at each location at which the agency is soliciting, selling, or offering car rental related insurance.
(4)An agency holding a car rental related insurance limited line license may employ a nonlicensed individual employed as a counter sales representative in soliciting, selling, or offering car rental related insurance. The nonlicensed individual shall be:
(a)trained and supervised in the sale of car rental related insurance products; and
(b)responsible to a licensed individual designated by the agency at each location where a car rental related insurance product is sold.
Enacted by Chapter 319 , 2013 General Session