Cal. Ins. Code § 1676

Current through the 2024 Legislative Session.
Section 1676 - Taking and passing examination required; life and accident and health or sickness license applicants
(a) Except as set forth in Sections 1675 and 1679, the commissioner shall not issue a permanent license pursuant to this chapter to an applicant therefor unless the applicant has within the 12-month period next preceding the date of issue of the license taken and passed the qualifying examination for that license. This section shall not apply to a person licensed as a property broker-agent or as a casualty broker-agent who applies for a license as a personal lines broker-agent.
(b) An application for both the life and accident and health or sickness license types shall meet the requirement in subdivision (a) by passing one examination covering subjects pertaining to both license types. These applicants shall pay the fee for a life agent, as specified in paragraph (4) of subdivision (a) of Section 1751.
(c) An applicant for a life license pursuant to Section 1626 or a life license limited to the payment of funeral and burial expenses who is limited by the terms of a written agreement with an insurer that has filed on that life agent's behalf a notice of appointment with the commissioner to transact only specific life insurance policies or annuities having an initial face amount of twenty thousand dollars ($20,000) or less that are designated by the purchaser for the payment of funeral and burial expenses, shall not be required to take the full life agent examination to obtain a license. The applicant shall be required to take an examination developed to test their knowledge of topics relevant to the type of policies that they are restricted to sell.

Ca. Ins. Code § 1676

Amended by Stats 2020 ch 184 (SB 1255),s 15, eff. 1/1/2021.
Amended by Stats 2014 ch 108 (AB 2279),s 1, eff. 1/1/2015.
Amended by Stats 2011 ch 411 (AB 1416),s 18, eff. 1/1/2012.
Amended by Stats 2007 ch 270 (AB 720),s 8, eff. 1/1/2008.
Amended by Stats 2006 ch 740 (AB 2125),s 6, eff. 1/1/2007.
Amended by Stats 2000 ch 321 (AB 393), s 5, eff. 1/1/2001, op. 1/1/2002.
Amended by Stats 2001 ch 174 (SB 63), s 3, eff. 8/12/2001.