From a criminal standpoint, it depends upon the state involved. Some states, for example, classify it as a misdemeanor and some as a felony. Likewise, some states differentiate in the categorization depending upon the the status of the victim (for example, if an elderly person was victimized, the act may carry a more severe penalty), and the number of policies sold and hence, the number of victims.
From a civil standpoint, "punishment" can be construed to mean an award of damages to an aggrieved person. This could arise if the victim placed his/her trust in the supposed knowledge and acumen of the unlicensed agent, and the victim was damaged as a result of the fact that the agent was not, in fact, licensed. An example of this might be that the insurance that the victim thought was being purchased never went into effect because the agent was never authorized to represent the insurer.
death, obvi
Yes they do..... it is illegal to sell insurance without a license...... plus im a rep so i know
With a suspended insurance license, I would not because you will be breaking a law. With a suspended drivers license you can sell insurance.
Can you get a temp. license to sell life insurance in texas
It's the Florida insurance license that allows you to sell Life Health and Variable Annuity insurance in Florida.
It enables you to sell the insurance that you are licensed for.
The answer is NO. Yous can work in the office as an office assistant, but you cannot sell insurance. No company would appoint you if you are not licensed.
Yes, you need an insurance license to sell any kind of insurance in Texas. For "Commercial Insurance" operations, you will need a Property and Casualty Insurance License form the state of Texas.
Yes. You need an insurance license from any individual state you decide to sell in.
An Insurance License is required to sell insurance in any U.S. State.
license to sell life,casualty, and health insurance
Yes, you need a license to sell pet insurance in Florida. You can contact the local insurance commission to find out about the requirements.
You are required to get a liscense to sell insurance. Each state licenses it's residents who want to sell insurance.