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304.9-030 Available insurance agent licenses.
(1)
(2)
(3)
Unless denied a license according to KRS 304.9-440, applicants who have met the
requirements for the license in accordance with this subtitle, shall be issued the
applicable license.
An insurance agent may receive qualification for a license in one (1) or more of the
following applicable lines of authority:
(a) Life -- insurance coverage on human lives including benefits of endowment
and annuities, and may include benefits in the event of death or
dismemberment by accident and benefits for disability income;
(b) Health -- insurance coverage for sickness, bodily injury, or accidental death
and may include benefits for disability income;
(c) Property -- insurance coverage for the direct or consequential loss or damage
to property of every kind;
(d) Casualty -- insurance coverage against legal liability, including that for death,
injury, or disability, or damage to real or personal property;
(e) Variable life and variable annuity products -- insurance coverage provided
under variable life insurance contracts and variable annuities;
(f) Limited line insurance as identified in KRS 304.9-230;
(g) Personal lines -- property and casualty insurance coverage sold to individuals
and families for primarily noncommercial purposes; and
(h) Any other line of insurance authorized by Kentucky law and deemed by the
commissioner appropriate to be issued as a separate line of authority.
A resident applicant for a variable life and variable annuities line of authority shall
hold an active life line of authority.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1042, effective July 15, 2010. -Amended 2005 Ky. Acts ch. 143, sec. 3, effective June 20, 2005. -- Amended 2002
Ky. Acts ch. 273, sec. 5, effective July 15, 2002. -- Amended 2000 Ky. Acts ch. 393,
sec. 2, effective July 14, 2000. -- Amended 1986 Ky. Acts ch. 437, sec. 11, effective
July 15, 1986. -- Amended 1982 Ky. Acts ch. 123, sec. 1, effective July 15, 1982. -Created 1970 Ky. Acts ch. 301, subtit. 9, sec. 3, effective June 18, 1970.
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