Sec. 4008.001. PURPOSE. Certain insurance products are so complex that the general agent licensing and continuing education requirements are insufficient to ensure the level of agent expertise necessary to safeguard consumer interests. Agents should be equipped with the necessary skills and knowledge to assist insureds appropriately in their purchases. Requiring agent training or demonstration of knowledge before an agent may sell particularly complex products mitigates the negative impact caused by agents selling complex products without the training and knowledge necessary to sell those products in a manner that is fair and beneficial to insureds.
Added by Acts 2009, 81st Leg., R.S., Ch. 451 (H.B. 2456), Sec. 5, eff. June 19, 2009.
Structure Texas Statutes
Title 13 - Regulation of Professionals
Subtitle A - General Provisions
Chapter 4008 - Agent Certification and Education Programs for Complex Insurance Products
Section 4008.002. Training and Examination Requirements Authorized
Section 4008.004. Application of Certification Requirements to Certain Agents
Section 4008.005. Issuance of Certificate
Section 4008.006. Certificate Expiration
Section 4008.007. Certificate Renewal
Section 4008.008. Administration by Testing Service Authorized