Sample Essay on:
Laws and Regulations in Insurance Practice in Maryland, Delaware and Pennsylvania

Here is the synopsis of our sample research paper on Laws and Regulations in Insurance Practice in Maryland, Delaware and Pennsylvania. Have the paper e-mailed to you 24/7/365.

Essay / Research Paper Abstract

A 13 page paper discussing the laws and regulations that govern insurance sales in these three states. Each of the states requires 24 credit hours for permission to take the initial licensing examination, and each requires 8 annual credit hours of continuing education to maintain licensing on an ongoing basis. Delaware's initial license lasts for three years, but after that it requires biannual license renewal along with Maryland and Pennsylvania. Bibliography lists 11 sources.

Page Count:

13 pages (~225 words per page)

File: CC6_KSlawInsSls.rtf

Buy This Term Paper »

 

Unformatted sample text from the term paper:

There are relatively few jobs that require licensing and are governed by specific laws and regulations. Insurance sales is one of those. In my specific situation I am subject to regulations beyond those applicable only to salespeople in that I also own an Allstate agency and I am licensed in three states: Pennsylvania, Delaware and Maryland. My licenses and practice enable me to write all types of personal and commercial insurance products, including home, auto, life, health and other types of insurance protection for individuals and businesses. The purpose here is to review the laws and regulations that govern my practice. Licensing All three of the states require specific pre-licensing education; at least Delaware and Pennsylvania require 24 hours credit for initial licensing. The applicant must take and pass prescribed courses from approved education vendors before being allowed to sit for the licensing test in any of the three states. Maintaining the license varies some between the states; all require ongoing continuing education to renew provider licenses. Maryland The initial license gained in Maryland and each renewal term thereafter is on a two-year cycle. Maryland maintains two broad categories, Property/Casualty and Life/Health. Agents must be licensed in both to be able to sell policies in both divisions. Each also requires proof of 16 hours of continuing education during each two-year licensing period to renew an existing license (Maryland Insurance Administration Continuing Education Program and Pre-Licensing Education, 2006). Each of the two broad divisions includes a variety of subdivisions in which agents may be active. An agent that focuses on any subdivision of either broad category ...

Search and Find Your Term Paper On-Line

Can't locate a sample research paper?
Try searching again:

Can't find the perfect research paper? Order a Custom Written Term Paper Now