In the event a licensed producer dies, what is NOT allowed under a temporary license issued to their representative?

When a temporary license is issued to the representative of a deceased licensed producer, the purpose of that license is to allow for the management of the deceased producer's business, ensuring continuity of service to clients and the maintenance of policies in force. The capacity of the temporary license is to facilitate the ongoing care of existing policyholders.

Renewing policies, collecting premiums due, and servicing existing policies are all activities that fall within the scope of the temporary license, as they help to maintain the business and keep the policies active for the clients of the deceased producer.

Soliciting new insurance, however, is not permitted under a temporary license. This restriction is in place to protect consumers and maintain regulatory controls in the insurance marketplace. The intent of a temporary license is not to allow representatives to expand the business or engage in new sales, which could lead to complications in oversight or misrepresentation during a period of transition. This distinction emphasizes the focus on managing existing policies rather than seeking new business.