ch 2-3

• a) 18 years old
• b) resident of the state
• c) trustworthy
• d) not committed a felony or had license revoked
• e) satisfies the requirements of obtaining a license

Insurance agents are granted powers by the insurance company to bind or accept risks on behalf of the insurer withing limitations.

Authority specifically given to the agent either in writing or orally

Allows agent to perform all the usual tasks required to sell and sservice the insurance contracts and to exercise the agent's express authority

Assumes the agent has the authority that a normal prudent person would think

Agent must file home and work address with insurance department and notify promptly if any change in address