Section 2193.3 - Necessity of LicenseThe following activities are not exempt from licensure under Insurance Code Sections 1631 and 1635, because they are directly related to solicitation, negotiation, or effecting the sale of insurance:
(a) Explanations or interpretations of, and offering of opinions or recommendations on, insurance coverages, exposures, limits, premiums, rates, deductibles, payment plans, or any other insurance contract, or potential insurance contract, terms.(b) Recommending, advising, or urging applicants for insurance coverage, potential applicants for insurance coverage, or policyholders to buy particular insurance policies or to insure with particular companies or insurers.(c) Binding of insurance coverages.Cal. Code Regs. Tit. 10, § 2193.3
1. New section filed 6-17-2002 as an emergency; operative 6-17-2002 (Register 2002, No. 25). A Certificate of Compliance must be transmitted to OAL by 10-15-2002 or emergency language will be repealed by operation of law on the following day.
2. Certificate of Compliance as to 6-17-2002 order transmitted to OAL 10-10-2002 and filed 11-7-2002 (Register 2002, No. 45). Note: Authority cited: Section 8, Assembly Bill 393, Chapter 321, Statutes of 2000. Reference: Sections 1631 and 1635, Insurance Code.
1. New section filed 6-17-2002 as an emergency; operative 6-17-2002 (Register 2002, No. 25). A Certificate of Compliance must be transmitted to OAL by 10-15-2002 or emergency language will be repealed by operation of law on the following day.
2. Certificate of Compliance as to 6-17-2002 order transmitted to OAL 10-10-2002 and filed 11-7-2002 (Register 2002, No. 45).