Establishes an apprentice insurance producer license in Maine.
This bill creates an apprentice insurance producer license in Maine. It allows individuals to apply for this license after completing 10,000 hours as an apprentice. The license requires supervision by a licensed insurance producer who assumes legal responsibility for the apprentice's actions. The apprentice cannot renew the license or engage in insurance activities without obtaining a full insurance producer license. The bill sets fees for the license and outlines limitations and renewal procedures.
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