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Alaska · Through Alaska Statutes 2025 (34th Legislature, 2025-2026)

AS 21.27.115: Lines of authority.

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Where this section sits in the code
  1. Title 21. Insurance.
  2. Chapter 27. Producers, Agents, Administrators, Brokers, Adjusters, and Managers.

If a person has met the applicable requirements of AS 21.27.020 and 21.27.270, the director shall issue a license for one or more of the following lines of authority:

(1) life insurance coverage on natural persons; in this paragraph, “life insurance coverage”

(A) includes benefits of endowment and annuities; and

(B) may include benefits in the event of death or dismemberment by accident and benefits for disability income;

(2) accidental and health or sickness insurance coverage for sickness, bodily injury, or accidental death; in this paragraph, “accidental and health or sickness insurance coverage” includes health insurance, as defined in AS 21.12.050(a), and may include benefits for disability income;

(3) property insurance coverage for the direct or consequential loss for damage to property of every kind;

(4) casualty insurance coverage against legal liability, including that for death, injury, or disability or damage to real or personal property; in this paragraph, “casualty insurance” includes surety insurance as defined in AS 21.12.080;

(5) variable life and variable annuity products insurance coverage;

(6) personal lines property and casualty insurance coverage sold to individuals and families for primarily noncommercial purposes;

(7) limited lines credit insurance;

(8) any insurance for which a limited lines license may be issued under AS 21.27.150.

Collected 2026-09-02T06:17:40Z. Source file · JSON

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