Current through Bulletin No. 2024-21, November 1, 2024
Section R590-244-6 - Requirement of an Active License to Act as a Navigator(1) A person shall have the following to act as a navigator:(a)(i) an active navigator license issued under Chapter 31A-23b, Navigator License Act, or(ii) an active producer license issued under Chapter 31A-23a, Insurance Marketing - Licensing Producers, Consultants, and Reinsurance Intermediaries, with an accident and health line of authority; and(b)(i) a surety bond not less than $50,000 to cover the legal liability of the navigator as the result of an erroneous act or failure to act in the navigator's capacity as a navigator, as applicable; or(ii) legal liability errors and omissions insurance coverage not less than $250,000 per claim and $500,000 annual aggregate limit, as applicable.(2) A professional liability coverage plan is a form of errors and omissions insurance coverage.(3) A navigator whose license is inactive may not act as a navigator from the date the active license is inactivated until the date the inactive license is reactivated.(4) A navigator license includes the following lines of authority:(b) certified application counselor.Utah Admin. Code R590-244-6
Amended by Utah State Bulletin Number 2015-3, effective 1/12/2015Amended 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