Terms Used In Maine Revised Statutes > Title 24-A > Chapter 16 > Subchapter 7 - Continuing Education

• Consultant: means any individual who, for a fee, advises or offers to advise any person insured or seeking insurance or named or to be named as beneficiary, or having or to have any interest in or insured under any property and casualty or life and health insurance contract or annuity contract, existing or proposed. See Maine Revised Statutes Title 24-A Sec. 1402
• Contract: A legal written agreement that becomes binding when signed.
• Insurance producer: means a person required to be licensed under subchapter II?A to sell, solicit or negotiate insurance. See Maine Revised Statutes Title 24-A Sec. 1402
• License: means a document issued by the superintendent authorizing a person to act as an insurance producer, adjuster or consultant for kinds of insurance specified in the document as authorized in this chapter. See Maine Revised Statutes Title 24-A Sec. 1402
• Year: means a calendar year, unless otherwise expressed. See Maine Revised Statutes Title 1 Sec. 72