An organizational credit entity license authorizes the employees of the licensee who are at least eighteen years of age, acting on behalf of and supervised by the licensee and whose compensation is not primarily paid on a commission basis to act as insurance producers for the following types of insurance:

  • Credit life insurance;
  • Credit accident and health insurance;
  • Credit property insurance;
  • Credit mortgage life insurance;
  • Credit mortgage disability insurance;
  • Credit involuntary unemployment insurance;
  • Any other form of credit or credit-related insurance approved by the director.

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