Section 21.27.115 - Lines of authorityIf a person has met the applicable requirements of AS 21.27.020 and 21.27.270, the director shall issue a license for one or more of the following lines of authority:
(1) life insurance coverage on natural persons; in this paragraph, "life insurance coverage" (A) includes benefits of endowment and annuities; and(B) may include benefits in the event of death or dismemberment by accident and benefits for disability income;(2) health insurance coverage for sickness, bodily injury, or accidental death; in this paragraph, "health insurance coverage" may include benefits for disability income;(3) property insurance coverage for the direct or consequential loss for damage to property of every kind;(4) casualty insurance coverage against legal liability, including that for death, injury, or disability or damage to real or personal property; in this paragraph, "casualty insurance" includes surety insurance as defined in AS 21.12.080;(5) variable life and variable annuity products insurance coverage;(6) personal lines property and casualty insurance coverage sold to individuals and families for primarily noncommercial purposes;(7) limited lines credit insurance;(8)[Repealed, Sec. 66 ch 41 SLA 2016.](9)[Repealed, Sec. 66 ch 41 SLA 2016.](10) any insurance for which a limited lines license may be issued under AS 21.27.150.Amended by SLA 2016, ch. 41,sec. 66, eff. 3/1/2017.