A Limited Agent License is required for a qualified holder to sell insurance in the State of Oklahoma according to the lines listed on the application. The lines of insurance that this license includes are travel accident/baggage; prepaid dental; prepaid legal liability; job loss; credit property; crop/hail; motor club and mortgage nonfile. Types of businesses that may need this license are travel agents, dentists, attorneys, lending institutions, and motor clubs.Process The license is obtained by contacting the Insurance Department or sponsoring insurance company for application form IL-1. The completed, notarized application should be submitted, with the proper fee, the sponsoring company's endorsement by authorized signature and a completed appointment form R-11, to the Insurance Department. An examination date, if required, will be scheduled upon approval of the application.Time Frame The approval process 7 to 14 days, after application approval, to complete.Fees The fees include $40 for a license, $40 per company appointment, $50 for each scheduled exam as required, and a $10 affidavit fee for first time non-resident applicants.Lic Period The license is valid for two years, beginning on the date of issuance.Ren Period Renewal is based on the submission of renewal forms and fee before the expiration date of the initial license.Statute Title 36 O.S. ? 1421 et seq.
Prerequisites The applicant is exempt from continuing education requirements.Contact Pam Mims
An RTA that I know, contacted Mrs. Mims and here was the result:
I told Mrs. Mims I was a home-based travel agent and she told me Oklahoma requires a personal business license in order to legally sell insurance. I explained my situation about being an online travel store owner. Mrs Mims said as long as I sell travel insurance in Oklahoma, I need to be licensed.
The documentation was indeed supplied to YTB per their request and here is the response:The YTB Compliance Department has been working diligently to find the answer to your question. In the event that there were required licensing in the state of OK, I believe the YTB Corporate Office would be responsible for obtain the licensing and not the TSOs; however, I have been unsuccessful in getting an answer on this so far. Please be patient with me and I assure you that I will find the answers. If you can obtain a letter from Oklahoma Business Licensing with the information that Mrs. Mims provided you, on letterhead, and fax it to me, this would be very helpful. This fax number goes directly to my computer.Thank you,YTB Compliance
Thank you for providing this information. As stated in the YTB Policies and Procedures, it is the responsibility of each TSO to make sure they abide by all laws and regulations specific to the state in which they reside. This includes all proper licensing. I am passing it along to YTB Travel Network to make sure they are aware of these regulations.If you have any further questions, please feel free to contact me at anytime.
Once again, YTB claims to be in compliance with all laws. But the reality is they are ignorant of most of them and the response above shows a complete lack of interest in "doing the right thing" as far as travel is concerned. If they were interested in travel, don't you think they would have these ducks in a line? No, it seems the easiest answer is to simply tell the RTA that it is not their problem. I imagine if an Oklahoma RTA were to run aground of this law, they might have a good case against YTB in court (since they seem to have reserved seats) as YTB likes to say they are licensed and bonded in all states.
When do you think the smoke and mirrors will ever clear. I wonder what the 489 (according to the 2007 Annual Report, so it could be down to this one RTA now) RTAs will do to come into compliance?