A temporary license may be issued to

• A. a personal representative of a deceased or physically ill intermediary to allow time for the representative to qualify for a permanent license
• B. a caregiver of the policyholder
• C. a licensed agent applying for a temporary license
• D. a company secretary

Answer: (A)

Temporary licensing is used to bridge a gap when the person who holds the license cannot actively transact business due to death or serious illness. In this situation, the license can be issued to the personal representative of that intermediary so they can oversee and continue the agency’s affairs while the process to qualify for a permanent license is completed. This helps protect policyholders and keeps the agency compliant while the proper licensing steps are finalized.

A caregiver of the policyholder isn’t an authorized intermediary to manage licensing matters, and a company secretary isn’t the licensed agent responsible for the insurer’s licensing duties. A licensed agent applying for a temporary license wouldn’t fit the scenario described, which centers on enabling the continuation of license authority through the intermediary’s personal representative.