Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

If a corporation (insurance agency) is appointed to an insurance company must all of the officers, directors and employees be appointed?

0
Posted

If a corporation (insurance agency) is appointed to an insurance company must all of the officers, directors and employees be appointed?

0

No. If the corporation is appointed the officers, directors and employees have a right to solicit insurance on behalf of that insurance company. However, such solicitation may only be made on behalf of the appointed agency and any producer making an independent solicitation will require a separate appointment for that individual.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123