R590-244-6. Requirement of an Active License to Act as a Navigator

(1) A person shall have the following to act as a navigator: (a)(i) an active navigator license issued under Chapter 31A-23b, Navigator License Act, or (ii) an active producer license issued under Chapter 31A-23a, Insurance Marketing - Licensing Producers, Consultants, and Reinsurance Intermediaries, with an accident and health line of authority; and (b)(i) a surety bond not less than $50,000 to cover the legal liability of the navigator as the result of an erroneous act or failure to act in the navigator's capacity as a navigator, as applicable; or (ii) legal liability errors and omissions insurance coverage not less than $250,000 per claim and $500,000 annual aggregate limit, as applicable. (2) A professional liability coverage plan is a form of errors and omissions insurance coverage. (3) A navigator whose license is inactive may not act as a navigator from the date the active license is inactivated until the date the inactive license is reactivated. (4) A navigator license includes the following lines of authority: (a) navigator; and (b) certified application counselor.