Section 2109. Agents and brokers; temporary license in case of death, service in armed forces or disability  


Latest version.
  • (a) The superintendent may  issue  a  temporary  insurance  agent's or insurance broker's license, or both,
      without requiring the applicant to pass  a  written  examination  or  to
      satisfy  the  requirements of subsection (c) of section two thousand one
      hundred four of this article except as to age, in the case of a  license
      issued pursuant to paragraph two hereof, in the following cases:
        (1)  in the case of the death of a person who at the time of his death
      was a licensed accident and health insurance agent under subsection  (a)
      of  section  two  thousand one hundred three of this article, a licensed
      insurance agent under subsection (b)  of  such  section  or  a  licensed
      insurance broker:
        (A)  to  the  executor or administrator of the estate of such deceased
      agent or broker;
        (B) to a surviving next of kin of such deceased agent or broker, where
      no administrator of his estate has been appointed and  no  executor  has
      qualified under his duly probated will;
        (C) to the surviving member or members of a firm or association, which
      at the time of the death of a member was such a licensed insurance agent
      or licensed insurance broker; or
        (D)  to  an officer or director of a corporation upon the death of the
      only officer or director who was qualified as a sub-licensee or  to  the
      executor  or  administrator  of  the  estate of such deceased officer or
      director;
        (2) to any person who may be designated by a person licensed  pursuant
      to  this chapter as an insurance agent, or an insurance broker, or both,
      and who is absent because of service in any branch of the  armed  forces
      of  the  United  States, including a partnership or corporation which is
      licensed pursuant to this chapter  as  an  insurance  agent,  or  as  an
      insurance  broker,  or  both,  in  a  case where the sub-licensee or all
      sub-licensees, if more than one, named in the license or licenses issued
      to such partnership or corporation is or are absent because  of  service
      in any branch of the armed forces of the United States; and
        (3) to the next of kin of a person who has become totally disabled and
      prevented  from pursuing any of the duties of his or her occupation, and
      who at the commencement of his or her disability was a licensed accident
      and health insurance agent under subsection (a) of section two  thousand
      one  hundred  three  of  this  article, a licensed insurance agent under
      subsection (b) of such section or a licensed insurance broker.
        (b) (1) Before any such license or licenses  shall  be  issued,  there
      shall be filed in the office of the superintendent a written application
      by  the  person  or  persons desiring such license or licenses, together
      with a written designation of such person or persons, in the case  of  a
      license  issued  pursuant  to paragraph two of subsection (a) hereof, in
      such  form  or  forms  and  supplements  thereto,  and  containing  such
      information, as the superintendent prescribes.
        (2)  No  fee  shall  be  charged  for  any such license or any renewal
      thereof, except that  fees  for  the  renewals  of  any  license  issued
      pursuant  to paragraph two of subsection (a) hereof shall be one-half of
      the fees otherwise required by this chapter for such license.
        (c) Such license or licenses shall authorize  the  person  or  persons
      named  therein to renew the business of the deceased, absent or disabled
      agent or broker, or both, as the case may be, or of the firm or, in  the
      case  of  a  license  issued  pursuant  to  paragraph  one  or  three of
      subsection (a) hereof, the association whose business is being continued
      thereunder, each such agent, broker, firm or association being  referred
      to in this section as "original licensee", expiring during the period in
      which  such  temporary  license  or  licenses  are  in force, to collect
    
      premiums due and payable to the original licensee or, in the case  of  a
      license  issued  pursuant  to paragraph one of subsection (a) hereof, to
      his estate, and to perform such other acts as an insurance agent  or  as
      an  insurance  broker, or both, as the case may be, as are incidental to
      the continuance of the insurance business of such original licensee.
        (d) A person eligible for such a  temporary  agent's  license  may  be
      licensed only as an agent of the insurer or insurers which such original
      licensee  was  licensed to represent at the time of such death, entrance
      upon military or naval duty or disability.
        (e) (1) In the case of  a  license  or  licenses  issued  pursuant  to
      paragraph one of subsection (a) of this section, the license or licenses
      may  be  issued  for  a term not exceeding ninety days from the death of
      such deceased, and the superintendent may in his discretion  renew  such
      license or licenses for an additional term or terms of ninety days each,
      not exceeding in the aggregate fifteen months.
        (2)  The  superintendent  may issue renewal licenses for an additional
      term or terms of ninety days each  exceeding  the  aggregate  period  of
      fifteen  months when in his judgment it will best serve the interests of
      any person serving in the armed forces of the United States.
        (3) A license issued to the next of  kin  shall  not  be  renewed  if,
      before  the  expiration of its term, an administrator or executor of the
      deceased shall have applied for and qualified for such a license.
        (4) No person or persons so licensed shall, by virtue of such license,
      be authorized to solicit, negotiate or sell new insurance.
        (f) (1) In the case of  a  license  or  licenses  issued  pursuant  to
      paragraph  two  of subsection (a) hereof, the license or licenses may be
      issued for a term not exceeding six months, and the  superintendent  may
      in  his discretion renew such license or licenses for an additional term
      or terms of six months each.
        (2) The term of any such license or renewal shall in no  event  extend
      beyond  sixty  days  after  the final discharge of such absent insurance
      producer from military or naval duty, and each such license  or  renewal
      shall  expire  on such day as if that were the day specified therein for
      the expiration thereof.
        (3) No person so  licensed  shall  solicit  new  business  under  such
      license.
        (g)  (1)  In  the  case  of  a  license or licenses issued pursuant to
      paragraph three of subsection (a) hereof, the license or licenses may be
      issued for a term not exceeding ninety days from the disability of  such
      person,  and the superintendent may in his discretion renew such license
      or licenses for an additional term or terms of  ninety  days  each,  not
      exceeding in the aggregate fifteen months.
        (2) No person or persons so licensed shall, by virtue of such license,
      be authorized to solicit, negotiate or sell new insurance.