If My Appointment Terminates Will My License Also Terminate?

Previously, if an agent's last appointment was terminated, the agent's license would also terminate on the same date. This would require an agent to complete a new application to reinstate his or her license. Now, a grace period of 60­days has been added after the termination of an agent's last appointment. If the agent secures an appointment during that grace period, the agent will not be required to complete a new application.

The information on this page is meant to provide a general overview of the law. The laws in your state and/or city may deviate significantly from those described here. If you have specific questions related to your situation you should speak with a local attorney.

Additional Insurance Articles

Search LawInfo's Insurance Resources

Lead Counsel Rated Law Firm

Click Here to Learn More