Legal Question in Insurance Law in New York

selling overseas health insurance

we provide services to overseas travelers and want to market/ sell health insurance for a foreign company on our website. we are not an insurance company, can we do this?


Asked on 3/06/07, 5:46 pm

1 Answer from Attorneys
Kevin Connolly Kevin J. Connolly

Re: selling overseas health insurance

Anyone who sells or offers to sell insurance from or into the State of New York must hold a current license as an insurance salesman of the appropriate type. (There are distinct licenses for life, accident, health and general insurance.) The carrier must be admitted as a carrier of the appropriate type as well. (There are 23 distinct lines of insurance into which a carrier must qualify.)

I think, based on the sketchy facts you supplied, that your business plan is illegal.

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Answered on 3/17/07, 2:42 pm


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