Following termination of an appointment and subject to the terms of any agreement between the agent and the insurer, the agent may continue to service, and receive from the insurer commissions or other compensation relative to, business written by him or her for the insurer during the existence of the appointment, so long as the agent continues to be licensed as to the kinds of insurance involved.
KRS 304.9-290
Rights of agent following termination of appointment
Known as the Reinsurance Intermediary Act
The act spans §§ 304.9-010 to 304.9-784 (110 sections).
Effective: July 14, 2000 History: Amended 2000 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.