§ 38.2-1837. Definitions
As used in this article:
"Insurance consultant" means any individual or business entity who acts as an independent contractor in relation to his client and for a fee or compensation, other than from an insurer or agent or surplus lines broker, advises or offers or purports to advise, as to life and health or property and casualty insurance, any person actively or prospectively insured. "Insurance consultant" shall not include:
1. Any licensed attorney acting in his professional capacity;
2. A trust officer of a bank acting in the normal course of his employment;
3. Any actuary or certified public accountant who consults during the normal course of his business; and
4. Any person employed as a risk manager and who consults for his employer only.
"Life and health insurance consultant" means an insurance consultant whose services are limited to insurance as defined in §§ 38.2-102 through 38.2-109 or health services as provided for in Chapters 42 (§ 38.2-4200 et seq.) and 43 (§ 38.2-4300 et seq.) of this title.
"Property and casualty insurance consultant" means an insurance consultant whose services are limited to insurance as defined in §§ 38.2-110 through 38.2-122 and 38.2-124 through 38.2-134.
(1985, c. 3, § 38.1-327.62; 1986, c. 562; 1987, cc. 521, 678; 1992, c. 574; 2001, c. 706.)
Sections: Previous 38.2-1832 38.2-1833 38.2-1834 38.2-1834.1 38.2-1835 38.2-1836 38.2-1836.1 38.2-1837 38.2-1838 38.2-1839 38.2-1840 38.2-1841 38.2-1842 38.2-1843 38.2-1844 NextLast modified: April 16, 2009