(d) continue to be sponsored by an insurance company which undertakes to ensure the person's records are kept appropriately; and

(e) successfully complete the remaining modules of the LLQP within 2 years from the date of being licensed or January 1, 2007, whichever is earlier.
Section 2 replaced: O.I.C. 2003-50, N.S. Reg. 27/2003.

General insurance agent licensing
3 (1) A general insurance agent shall be licensed, subject to any limits and conditions prescribed by the Superintendent pursuant to subsection 36(3) of the Act, as a Level I, Level II or Level III general insurance agent.

(2) An individual shall not be issued a license as a Level I general insurance agent unless the individual

(a) has passed any qualification examinations prescribed by the Superintendent; and

(b) has successfully completed

(i) Part I of the CAIB Program, or

(ii) CIP Program courses C11, C12, C14, and C71,

or equivalent courses or experience acceptable to the Superintendent; and

(c) works under the supervision of a Level II or Level III general insurance agent or, if the individual is not resident in Nova Scotia, under the supervision of a general insurance agent holding an equivalent license in the province where the individual and supervising agent are resident.

(3) A general insurance agent who supervises a Level I general insurance agent is responsible for overseeing the professional conduct and business activities of the Level I general insurance agent and must review and sign all applications for insurance completed by the Level I general insurance agent.

(4) An individual shall not be issued a license as a Level II general insurance agent unless the individual

(a) has previously been issued a license as a Level I general insurance agent, or has equivalent qualifications acceptable to the Superintendent; and

(b) has successfully completed     [ top ]

(i) Parts II and III of the CAIB Program, or

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