Tex.
Ins. Code Section 4054.301
License Required
(a)
Except as provided by Subsection (b), a person is required to hold a life agent license if the person does not hold a general life, accident, and health license under Subchapter B and the person acts as:(1)
an agent who writes insurance coverage on human lives, including endowment benefits and annuities, benefits in the event of death or dismemberment by accident, and benefits for disability income;(2)
an industrial life insurance agent for an insurer that writes only weekly premium life insurance on a debit basis under Chapter 1151 (Industrial Life Insurance);(3)
an agent who writes fixed or variable annuity contracts or variable life contracts;(4)
an agent who writes for a stipulated premium company only life insurance in excess of $25,000 on any one life; or(5)
an agent who writes any other kind of insurance as required by the commissioner for the protection of the insurance consumers of this state.(b)
A person who holds a limited license under Subchapter C and who engages in the business of insurance only within the scope of that license is not required to hold a life agent license. A person who holds a life agent license may write the insurance described by that subchapter.(c)
A person who holds a funeral prearrangement life insurance license under Subchapter D and who engages in the business of insurance only within the scope of that license is not required to hold a life agent license. A person who holds a life agent license may write the insurance described by that subchapter.(d)
A person who holds a license to write life insurance not exceeding $25,000 under Subchapter E and who engages in the business of insurance only within the scope of that license is not required to hold a life agent license. A person who holds a life agent license may write the insurance described by that subchapter.(e)
This subchapter does not apply to a person who holds a specialty license under Chapter 4055 (Specialty Agents) and who engages in the business of insurance only within the scope of the specialty license.
Source:
Section 4054.301 — License Required, https://statutes.capitol.texas.gov/Docs/IN/htm/IN.4054.htm#4054.301 (accessed May 11, 2024).
