Composite Insurance Agent definition

means an individual who is appointed as an insurance agent by two or more insurers subject to the condition that he/she shall not act as insurance agent for more than one life insurer, one general insurer, one health insurer and one of each of the mono-line insurers.

means an Insurance Agent who holds a licence to act as an insurance agent for a life insurer and a general insurer.

means an insurance agent who holds a license to act as an insurance agent for a life insurer and a general insurer;

Examples of Composite Insurance Agent in a sentence

• A Composite Insurance Agent means an insurance agent who holds a licence to act as an insurance agent for a life insurer and a general insurer.
• This approach can be dangerous if a worker retires or leaves for a new company.

Related to Composite Insurance Agent

• insurance agent means, subject to subsection (2), any person who for any compensation and through any medium does one or more of the following:
• R&W Insurer means AIG Specialty Insurance Company.
• Bond Insurer means any insurance company which issues a municipal bond insurance policy insuring the payment of principal of and interest on the Refunding Bonds.
• Mortgage Insurance means insurance protecting Lender against the nonpayment of, or default on, the Loan.
• Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:
• Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.
• Automotive instant detailer means a product designed for use in a pump spray that is applied to the painted surface of automobiles and wiped off prior to the product being allowed to dry.
• variable insurance contract means a contract of life insurance under which the interest of the purchaser is valued for purposes of conversion or surrender by reference to the value of a proportionate interest in a specified portfolio of assets.
• Flood Insurance Rate Map means the most recent flood hazard map published by the Federal Emergency Management Agency under the National Flood Insurance Act of 1968 (42 U.S.C. Section 4001 et seq.).