(1) Unless denied a license according to KRS 304.9-440, applicants who have met the requirements for the license in accordance with this subtitle, shall be issued the applicable license.
(2) An insurance agent may receive qualification for a license in one (1) or more of the following applicable lines of authority:
(a) Life -- insurance coverage on human lives including benefits of endowment and annuities, and may include benefits in the event of death or dismemberment by accident, benefits for disability income, and benefits for paid family leave;
(b) Health -- insurance coverage for sickness, bodily injury, or accidental death and may include benefits for disability income and benefits for paid family leave;
(c) Property -- insurance coverage for the direct or consequential loss or damage to property of every kind;
(d) Casualty -- insurance coverage against legal liability, including that for death, injury, or disability, or damage to real or personal property;
(e) Variable life and variable annuity products -- insurance coverage provided under variable life insurance contracts and variable annuities;
(f) Limited line insurance as identified in KRS 304.9-230;
(g) Personal lines -- property and casualty insurance coverage sold to individuals and families for primarily noncommercial purposes; and (h) Any other line of insurance authorized by Kentucky law and deemed by the commissioner appropriate to be issued as a separate line of authority.
(3) A resident applicant for a variable life and variable annuities line of authority shall hold an active life line of authority.