Nebraska Insurance Agents Stock option plan

State:
Multi-State
Control #:
US-CC-18-181A
Format:
Word; 
Rich Text
Instant download

Description

18-181A 18-181A . . . Insurance Agents Stock Option Plan under which Compensation Committee may grant Non-qualified Stock Options to any insurance agent who signs agreement which commits agent to produce at least $300,000 of premiums during specific three-year period ("Qualification Period"). Number of shares covered by option is equal to agent's premium commitment divided by $100, and options become exercisable only to extent agent satisfies his or her minimum commitment for premiums during Qualification Period, and only to extent loss ratios for insurance business written meet or exceed certain performance criteria
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FAQ

To sell insurance in Nebraska, you must pass a licensing exam. The best way to prepare for the state licensing exam is to complete a prelicensing education course. A.D. Banker offers prelicensing courses that will prepare you to successfully pass the state exam on your first attempt.

2. Pass Your Nebraska Licensing Exam Exam CodeLine of AuthorityTime13-03Nebraska Producer's Examination for Life and Annuities, Accident and Health or Sickness Insurance2 Hours 30 Minutes13-04Nebraska Producer's Examination for Property and Casualty Insurance2 Hours 30 Minutes13 more rows

To become licensed as a Crop insurance producer in Nebraska, you will need to demonstrate entry-level knowledge of the industry by passing a state licensing exam. This course will deliver the content needed to successfully complete the education and examination requirements.

Applicants need to register and pass the insurance examination for the appropriate line of authority. Visit to register for your insurance exam. After passing your exam, information is uploaded by PSI directly to the Department of Insurance.

Once you pass the life insurance exam, you can apply for your Nebraska life insurance license. The application fee is $50 plus a $5.60 transaction fee, and you must apply online via the NIPR.

You can file your complaint electronically at .doi.nebraska.gov. if you do not have internet access, you may call our Consumer Hotline at 877-564-7323 and request that a paper form be mailed to you.

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Nebraska Insurance Agents Stock option plan