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Producer Licensing Model Act
Edition and licensing notes
Publisher. National Association of Insurance Commissioners (NAIC)
Status. NAIC model, © NAIC. Brief quotations under fair use; not the enacted law of any state until adopted.
What this document is
Producer Licensing Model Act is a naic model law published by National Association of Insurance Commissioners (NAIC). It is one of the documents that insurance license exam questions are written from, including life & health 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.
- NAIC Model #218: Section 7 (License)
“(6) Personal lines - property and casualty insurance coverage sold to individuals and families for primarily noncommercial purposes.”
- NAIC Model NAIC 218: Section 7C (License)
“An individual insurance producer who allows his or her license to lapse may, within twelve (12) months from the due date of the renewal fee, reinstate the same license without the necessity of passing a written examination.”
- NAIC Producer Licensing Model Act, Section 3, License Required
“A person shall not sell, solicit or negotiate insurance in this state for any class or classes of insurance unless the person is licensed for that line of authority in accordance with this Act.”
- NAIC Producer Licensing Model Act § 7A(1): lines of authority and the life line
“Unless denied licensure pursuant to Section 12, persons who have met the requirements of Sections 5 and 6 shall be issued an insurance producer license. An insurance producer may receive qualification for a license in one or more of the following lines of authority: (1) Life - insurance coverage on...”
- NAIC Producer Licensing Model Act, Section 14A (Appointments) (appointment required only to act as an insurer's agent)
“An insurance producer shall not act as an agent of an insurer unless the insurance producer becomes an appointed agent of that insurer. An insurance producer who is not acting as an agent of an insurer is not required to become appointed.”
- NAIC Producer Licensing Model Act, Section 7A(1) (License) (life line of authority)
“Life - insurance coverage on human lives including benefits of endowment and annuities, and may include benefits in the event of death or dismemberment by accident and benefits for disability income.”
- NAIC Producer Licensing Model Act § 8C (change of legal residence; certification from new resident state)
“A nonresident producer who moves from one state to another state or a resident producer who moves from this state to another state shall file a change of address and provide certification from the new resident state within thirty (30) days of the change of legal residence. No fee or license application is required.”
- NAIC Producer Licensing Model Act § 17B (reporting of criminal prosecutions)
“Within thirty (30) days of the initial pretrial hearing date, a producer shall report to the insurance commissioner any criminal prosecution of the producer taken in any jurisdiction. The report shall include a copy of the initial complaint filed, the order resulting from the hearing and any other...”
- Producer Licensing Model Act, Section 13C
“Renewal or other deferred commissions may be paid to a person for selling, soliciting or negotiating insurance in this state if the person was required to be licensed under this Act at the time of the sale, solicitation or negotiation and was so licensed at that time.”
- Producer Licensing Model Act, Section 15D(1)
“Within fifteen (15) days after making the notification required by Subsections A, B and C, the insurer shall mail a copy of the notification to the producer at his or her last known address. If the producer is terminated for cause for any of the reasons listed in Section 12, the insurer shall...”
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