18 Del. Admin. Code § 201-8.0

Current through Register Vol. 28, No. 5, November 1, 2024

Section 201-8.0 - Procedure for Obtaining an Agency License

8.1 For a firm: A partner, officer, principal or the sole proprietor shall complete an application for agency license on forms provided by the Commissioner which shall include, but not be limited to, the following information:

8.1.1 Name and address of the business

8.1.2 Agency's Federal Employers' Identification Number (Federal Tax Number)

8.1.3 Type of insurance authority requested (type and line of insurance)

8.1.4 Type business organization (partnership, corporation, sole proprietorship, association)

8.1.5 Provide a certificate of good standing from the Office of Registration (resident State Corporation Department for corporations, county court clerk or prothonotary for partnerships and sole proprietorships).

8.2 For registered members: Submit an application for individual insurance license completed by each of the individuals who will represent the agency.

8.3 Fees: Provide fees for each individual to be licensed as listed 18 Del.C. § 701 for each type of license. Non-resident fees are reciprocal and are set at those rates which the applicant's state of residence would charge a Delawarean for a similar license.

18 Del. Admin. Code § 201-8.0