Insurance Producers and Other Insurance Professionals

What this document is

Maryland Insurance Article Title 10 - Insurance Producers and Other Insurance Professionals (103 sections) is a state statute published by Maryland General Assembly, Department of Legislative Services (mgaleg.maryland.gov). It is one of the Maryland documents that insurance license exam questions are written from, including maryland life & health, maryland property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• Md. Code Ann., Ins. Title 10 § 10-103(d) (Acts Permitted Without an Appointment)

  “(d) (1) Except as otherwise provided in this subsection, an insurance producer may not sell, solicit, or negotiate any insurance on behalf of an insurer for which the insurance producer does not have an appointment. (2) Without an appointment, an insurance producer may: (i) submit to an insurer an...”

• Md. Code Ann., Ins. Title 10 § 10-106(b) (Business Entity Designated Producer)

  “To qualify for a license as an insurance producer, a business entity must designate a licensed insurance producer to act as the business entity’s principal contact with the Administration.”

• Md. Code Ann., Ins. Title 10 § 10-116(a)(2) (Continuing Education Completion Deadline)

  “An insurance producer shall complete the continuing education required under paragraph (1) of this subsection not later than 15 days before the expiration date of the insurance producer’s license.”

• Md. Code Ann., Ins. Title 10 § 10-126(a) (Notice and Hearing Before Adverse License Action)

  “The Commissioner may deny a license to an applicant under §§ 2–210 through 2–214 of this article, or suspend, revoke, or refuse to renew or reinstate a license after notice and opportunity for hearing under §§ 2–210 through 2–214 of this article if the applicant or holder of the license:”

• Md. Code Ann., Ins. Title 10 § 10-108(f) (Retaking a failed examination)

  “An individual applicant who fails an examination may not take another examination until at least 4 days after the date of the last examination that the applicant failed.”

• Md. Code Ann., Ins. Title 10 § 10-115(a)(2) (Expiration of License; Termination of Appointments)

  “If a license expires under paragraph (1) of this subsection, the appointments held by the insurance producer shall be terminated as of the day of the expiration of the license.”

• Md. Code Ann., Ins. Title 10 § 10-101(d) (Definition of "Home State")

  “(d) “Home state” means any state in which an insurance producer: (1) maintains the insurance producer’s principal place of residence or principal place of business; and (2) is licensed to act as a resident insurance producer.”

• Md. Code Ann., Ins. Title 10 § 10-118(d)(3) (Producer Register: Applications From an Unappointed Producer)

  “(3) An insurer may initially accept an application for life insurance, health insurance, or an annuity from an insurance producer who is not appointed by the insurer and is not on the insurer’s producer register if, within 30 days of accepting the application, the insurer: (i) rejects the...”

• Md. Code Ann., Ins. Title 10 § 10-103(c) (License and Appointment Required Before Acting)

  “(c) Except as otherwise provided in this article, before a person acts as an insurance producer in the State, the person must obtain: (1) a license in the kind or subdivision of insurance for which the person intends to act as an insurance producer; and (2) if acting for an insurer, an appointment from the insurer.”

• Md. Code Ann., Ins. Title 10 § 10-118(g)(2), (3) (Producer Comments on a Termination Notice)

  “(2) Within 30 days after an insurance producer receives original or additional notice, the insurance producer may file with the Commissioner written comments concerning the substance of the notice. (3) If an insurance producer files comments with the Commissioner, the insurance producer shall, by...”

• Md. Code Ann., Ins. Title 10 § 10-602(e) (Compensation of Rental Company Employees and Authorized Representatives)

  “An employee or an authorized representative of a motor vehicle rental company who offers or sells insurance coverage on behalf of the motor vehicle rental company: (1) may be compensated for offering or selling insurance coverage under this subtitle; but (2) may not be compensated in a manner that...”

• Md. Code Ann., Ins. Title 10 § 10-111(a)(1) (Resident Producer Application Declaration)

  “in the case of an applicant who is an individual, submit to the Commissioner a uniform application and declare under penalty of refusal, suspension, or revocation of the license that the statements made in the uniform application are true, correct, and complete to the best of the individual’s knowledge and belief;”

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Questions about this source

More Maryland sources

• Md. Code, Insurance s. 10-104 - License required; insurance producerState statute
• Md. Code, Insurance s. 10-126 - Grounds for denial, suspension, or revocation of licenseState statute
• Md. Code, Insurance s. 27-208 - Unfair discrimination between individuals of the same class in life rates, dividends and benefitsState statute
• Md. Code, Insurance s. 27-209 - Prohibited inducements and rebates not specified in the contractState statute
• Md. Code, Insurance s. 27-216 - Rebating and inducements; willful collection of excess premiumState statute
• Md. Code, Insurance s. 27-405 - Fraudulent insurance act: acting without a licence or certificationState statute
• Maryland Insurance Article Title 15 - Health Insurance, first half (Secs. 15-101 through 15-815)State statute
• Maryland Insurance Article Title 15 - Health Insurance, second half (Secs. 15-816 through 15-1704)State statute