Following termination of an appointment and subject to the terms of any agreement between the agent and the insurer, the agent may continue to service, and receive from the insurer commissions or other compensation relative to, business written by him or her for the insurer during the existence of the appointment, so long as the agent continues to be licensed as to the kinds of insurance involved.
Effective: July 14, 2000
lawyer at desk

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Kentucky Statutes 304.9-290

  • agent: includes managing general agent unless the context requires otherwise. See Kentucky Statutes 304.9-085
  • Appointment: means a notification filed with the insurance department that an insurer has established an agency relationship with a producer. See Kentucky Statutes 304.9-020

History: Amended 2000 Ky. Acts ch. 393, sec. 23, effective July 14, 2000. — Created
1970 Ky. Acts ch. 301, subtit. 9, sec. 29, effective June 18, 1970.

  Previous section
Next section  
 Subtitle 9 Contents