Can I write a policy for someone from another state?

[Newby]

Double ditto, Winter and Arnguy!

Pretty amazing some of the answers that have been on this thread.

 

[WinoBlues]

WTF AYE! I like my licence and E&O If you are marketing in a state pony up the non-resident fee. If it is a client or referral, stall for the week or so it will take to get the the non-resident licence.

WTF?

Nevermind what you can get away with. That is not legal. One of the reasons why you must establish where the applicant is at the time of the application is to make sure that the agent is licensed there. But the other reason is because you are establishing the state that has jurisdiction in regard to the laws, regulations, and complaints. Talk to your DOI. Don't rely upon what some zamboni in the carriers home office tells you. You are responsible for being compliant and they wont know you when an issue comes up.

 

[WinoBlues]

I think "most" have got it right. I have written a number of cases when they are only visiting here. I am doing a conversion in Texas as soon as they re instate my non resident license. As to if it is worth it? Depends on the case of course.

What! Are most of you crazy?????? You need a license in the state where the applicant resides period! Any insurance co you are appointed with will check to see if you have a valid license for the state you write the application in. You do not need to go to Illinois (I happen to live here) you can write business in any state in which you have a valid license (they are easy to get as described earlier) but is it worth $180 to write 1 application? I would be happy to share with you if you don't want to get the license. Please feel free to call or email me.

 

[Guest]

I hope you noticed I did not say I did this or condone it, but many do. I also said I'm licensed if you need assistance. To do it correctly.

I have seen many things that seem to be considered acceptable while training, meeting with agents and agencies alike.

WTF?

Nevermind what you can get away with. That is not legal. One of the reasons why you must establish where the applicant is at the time of the application is to make sure that the agent is licensed there. But the other reason is because you are establishing the state that has jurisdiction in regard to the laws, regulations, and complaints. Talk to your DOI. Don't rely upon what some zamboni in the carriers home office tells you. You are responsible for being compliant and they wont know you when an issue comes up.

 

[goillini52]

yes you can but you ask your recommended insurance agent they will give you good decision about your policy and your person life insurance

You couldn't find a more current thread to post your 1st comment on? It's been over 7 years since this was alive.


So, where ya from Alex?

 

[BlockO]

yes you can but you ask your recommended insurance agent they will give you good decision about your policy and your person life insurance

welcome to the forum, R2D2.

 

[donamese]

It is all based on the state the resident resides in as to what you are able to do and what you need to do it. Again, this varies on a state to state basis and likely on the carriers interpretation of the state laws. Some carriers just require the license to alleviate confusion. I do not believe IL requires a non-resident license if they are signing in WI.