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Form Lic De1 "state Of California Department Of Insurance Admitted: What You Should Know

The legal requirement for licensed agents to follow this form is governed by California Business and Professions Code (BPC) §1189.22. The requirement for approved applicants to follow the form is governed by California Business and Professions Code (BPC) §1160, subdivision e. (e) The form shall contain the following statements: (1) Each name must be written to a minimum of 13 letters, each initial letter to a maximum of 13, followed by a total of 18 numbers, each number to a minimum of three (3). Each number in the form shall be written to a minimum of 13, each initial letter to a maximum of 13, followed by a total of 18 numbers. (2) The form shall contain a statement as follows: “This form is authorized to be used only by licensed commercial insurance agents who are authorized to enter into commercial insurance contracts with commercial insurers.” (3) Each name must be written to a minimum of 13 letters, each initial letter to a maximum of 13, followed by a total of 18 numbers, each number to a minimum of three (3). (4) The form shall contain a statement as follows: “This form indicates the name and address and a contact telephone number of the chief, or equivalent, of a California corporation that is authorized to write and sign an insurance contract in this state. The application form is required to be issued by such corporation.” Bond of Insurance Broker, form (LCU-1511) LIC 417-5 California Commercial Employment Agreement Form, form (LCO-1401) California Commercial Contracts and Insurance Contracts, form (LCO-1402) Bond of Insurance Broker, form (LP-1511) LIC 417-5 (f) The form shall be completed in accordance with the form requirements of California Business and Professions Code §1189.22. No more than eight (8) hours' labor is allowed.

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