Certificate of Convenience

A term used in some jurisdictions to refer to a temporary license or permit empowering a person to act as an agent even though not fully licensed according to the law. Usually this certificate is granted to an agent who is studying for a licensing examination. It might also be issued to the administrator or executor of the estate of an insurance agent, who must have the authority of an agent to settle the estate, or to someone acting for an agent during a disability or an absence such as military duty

See Also: Controlled Business; Common Policy Declarations; Common Law Liability; Commission; Class (or Classification); Claims Reserve; Certificate of Insurance; Captive Insurer; Cancelable;

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