Kentucky Statutes 304.9-107 – Persons exempt from provisions of KRS 304.9-105(1)(e)1. and 2. — Administrative regulations
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(1) The following persons shall be exempt from the prelicensing course of study requirements for specific lines of authority of KRS § 304.9-105(1)(e)1.:
(a) Persons holding a Chartered Life Underwriter (CLU) designation for a life line of authority;
(b) Persons holding a Chartered Property and Casualty Underwriter (CPCU)
designation for property, personal lines, and casualty lines of authority;
(c) Persons holding a Certified Insurance Counselor (CIC) designation for life, health, property, personal lines, and casualty lines of authority;
(d) Persons holding a designation as a Certified Employee Benefit Specialist (CEBS), Chartered Financial Consultant (ChFC), Certified Financial Planner (CFP), Fellow of the Life Management Institute (FLMI), or Life Underwriter Training Council Fellow (LUTCF) for a life line of authority;
(e) Persons holding a designation as a Registered Health Underwriter (RHU), Certified Employee Benefit Specialist (CEBS), Registered Employee Benefit Consultant (REBC), or Health Insurance Advisor (HIA) for a health line of authority;
(f) Persons holding a designation as an Accredited Advisor in Insurance (AAI) or Associate in Risk Management (ARM) for property, personal lines, and casualty lines of authority; and
(g) Persons holding an insurance degree from an accredited college or university for all lines of authority.
(2) The commissioner may promulgate administrative regulations to specify additional designations and degrees for exemption from a prelicensing course of study for specified lines of authority to comply with NAIC uniformity standards.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1048, effective July 15, 2010. — Amended 2006 Ky. Acts ch. 254, sec. 4, effective July 12, 2006. — Amended 2005
Ky. Acts ch. 143, sec. 7, effective June 20, 2005. — Amended 2000 Ky. Acts ch. 393, sec. 8, effective July 14, 2000. — Created 1980 Ky. Acts ch. 189, sec. 1, effective July 15, 1980.
(a) Persons holding a Chartered Life Underwriter (CLU) designation for a life line of authority;
(b) Persons holding a Chartered Property and Casualty Underwriter (CPCU)
designation for property, personal lines, and casualty lines of authority;
(c) Persons holding a Certified Insurance Counselor (CIC) designation for life, health, property, personal lines, and casualty lines of authority;
(d) Persons holding a designation as a Certified Employee Benefit Specialist (CEBS), Chartered Financial Consultant (ChFC), Certified Financial Planner (CFP), Fellow of the Life Management Institute (FLMI), or Life Underwriter Training Council Fellow (LUTCF) for a life line of authority;
(e) Persons holding a designation as a Registered Health Underwriter (RHU), Certified Employee Benefit Specialist (CEBS), Registered Employee Benefit Consultant (REBC), or Health Insurance Advisor (HIA) for a health line of authority;
(f) Persons holding a designation as an Accredited Advisor in Insurance (AAI) or Associate in Risk Management (ARM) for property, personal lines, and casualty lines of authority; and
(g) Persons holding an insurance degree from an accredited college or university for all lines of authority.
(2) The commissioner may promulgate administrative regulations to specify additional designations and degrees for exemption from a prelicensing course of study for specified lines of authority to comply with NAIC uniformity standards.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1048, effective July 15, 2010. — Amended 2006 Ky. Acts ch. 254, sec. 4, effective July 12, 2006. — Amended 2005
Ky. Acts ch. 143, sec. 7, effective June 20, 2005. — Amended 2000 Ky. Acts ch. 393, sec. 8, effective July 14, 2000. — Created 1980 Ky. Acts ch. 189, sec. 1, effective July 15, 1980.