Section R590-244-5 - Requirement of an Active License to Sell, Solicit, or Negotiate Insurance(1) To sell, solicit, or negotiate insurance, a person shall have an active license matching the type and line of insurance being sold, solicited, or negotiated.(2) If the person is an agency, the person shall have an appointment from an insurer in addition to an active license described in Subsection (1).(3)(a) If the person is an individual, the person shall have an appointment from an insurer or a designation from an agency in addition to an active license described in Subsection (1).(b) An individual licensed as a resident producer shall maintain legal liability errors and omissions insurance coverage not less than $250,000 per claim and $500,000 annual aggregate limit.(4) A licensee whose license is inactive may not sell, solicit, or negotiate insurance from the date the active license is inactivated until the date the inactive license is reactivated.Utah Admin. Code R590-244-5
Amended by Utah State Bulletin Number 2017-24, effective 11/21/2017Amended by Utah State Bulletin Number 2021-02, effective 1/8/2021Amended by Utah State Bulletin Number 2023-08, effective 4/7/2023