§ 38.2-1827. Appointment may include one or more classes of insurance
Except as otherwise provided in this title, an appointment of a licensed agent authorizes that person to sell, solicit, or negotiate any one or more of the classes of insurance (i) for which the agent is licensed in this Commonwealth and (ii) for which the appointing insurer is also licensed in this Commonwealth. However, an agent holding a license that includes both life and health and property and casualty authorities shall be required to obtain both a life and health and a property and casualty appointment if the agent intends to sell, solicit, or negotiate both types of insurance, and an insurer shall be required to appoint any such agent for both life and health and property and casualty if the insurer intends to authorize the agent to sell, solicit, or negotiate both types of insurance on its behalf.
(Code 1950, § 38.1-303; 1952, c. 317; 1979, c. 513, § 38.1-327.38; 1986, c. 562; 1987, c. 521; 2001, c. 706.)
Sections: Previous 38.2-1821 38.2-1821.1 38.2-1822 38.2-1823 38.2-1824 38.2-1825 38.2-1826 38.2-1827 38.2-1828 38.2-1829 38.2-1830 38.2-1831 38.2-1832 38.2-1833 38.2-1834 NextLast modified: April 3, 2009