Title 806 | Chapter 009 | Regulation 370


806 KAR 9:370.Preneed funeral agent license.

Section 1.

Definitions.

(1)

"Agent" is defined by KRS 304.9-020(1).

(2)

"Department" is defined by KRS 304.1-050(2).

(3)

"Preneed funeral contract or prearrangement" is defined by KRS 304.12-240(1)(a).

(4)

"Preneed funeral insurance" means a life insurance or annuity contract used solely to fund a preneed funeral contract or prearrangement.

Section 2.

An agent license with a limited line of authority for preneed funeral insurance shall only sell, solicit, or negotiate preneed funeral insurance with a face amount that does not exceed $25,000.

Section 3.

License Application. To apply for an agent license with a preneed funeral limited line of authority, an applicant shall submit to the department the following information:

(1)

(a)

For individual applicants, Form 8301, incorporated by reference in 806 KAR 9:025, including all applicable attachments; and

(b)

For business entity applicants, Form 8301-BE, incorporated by reference in 806 KAR 9:025, including all applicable attachments;

(2)

A completed background check through the Kentucky Administrative Office of the Courts; and

(3)

The corresponding fees established by 806 KAR 4:010.

Section 4.

Pre-licensing training. An applicant for an agent license with a preneed funeral limited line of authority shall not be required to complete pre-licensing training.

Section 5.

Examination. An applicant for an agent license with a preneed funeral limited line of authority shall not be required to complete an examination.

Section 6.

License renewal. An agent with a preneed funeral limited line of authority shall renew in accordance with KRS 304.9-260.

HISTORY: (47 Ky.R. 877, 1389; eff. 4-6-2021.)

7-Year Expiration: 4/6/2028

Last Updated: 12/15/2021


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