If a commission is paid to enroll a customer in a group credit insurance policy, must the enroller be licensed?
Answer 13: Yes, an individual who enrolls customers under a group insurance policy must obtain a limited lines license if a commission is paid. PLMA Section 4B(2) provides an exception from licensing if no commission is paid to the enroller and the enroller does not engage in selling, soliciting or negotiating.
Related Questions
- I have 6 clients registered on AnastasiaWeb but my account does not show any commissions. What does it mean when a client is registered and when is the commission paid?
- Can a person enrolling someone in a group insurance policy secure and furnish information about the policy to a customer and still be exempt from licensure?
- If a commission is paid to enroll a customer in a group credit insurance policy, must the enroller be licensed?
