Sec. 4054.051. LICENSE REQUIRED. Except as provided by Subchapter G, a person is required to hold a general life, accident, and health license if the person acts as:
(1) an agent who represents a health maintenance organization;
(2) an industrial life insurance agent for an insurer that writes only weekly premium life insurance on a debit basis under Chapter 1151;
(3) an agent who writes life, accident, and health insurance for a life insurance company;
(4) an agent who writes only accident and health insurance;
(5) an agent who writes fixed or variable annuity contracts or variable life contracts;
(6) an agent who writes for a stipulated premium company:
(A) only life insurance in excess of $25,000 on any one life;
(B) only accident and health insurance; or
(C) both kinds of insurance described by Paragraphs (A) and (B);
(7) an agent who writes life, accident, and health insurance for any type of authorized life insurance company that is domiciled in this state, including a legal reserve life insurance company, and who represents the company:
(A) in a foreign country or territory; and
(B) on a United States military installation or with United States military personnel;
(8) an agent who writes life, accident, and health insurance for a fraternal benefit society except as provided by Section 885.352; or
(9) an agent who writes any other kind of insurance as required by the commissioner for the protection of the insurance consumers of this state.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 548 (S.B. 1263), Sec. 2.27, eff. September 1, 2007.
Acts 2009, 81st Leg., R.S., Ch. 1309 (H.B. 2570), Sec. 7, eff. September 1, 2009.
Section: Previous 4054.001 4054.051 4054.052 4054.053 4054.101 4054.102 4054.103 4054.151 4054.152 4054.153 4054.154 4054.155 4054.156 4054.157 4054.158 NextLast modified: September 28, 2016