§ 37.16. Service in armed forces or employment with Department.
(a) A broker who has a license at the time the broker enters the United States Armed Forces or becomes an employe of the Department shall be eligible to apply for a renewal of the license within 1 year from the date of discharge or date of employment termination.
(b) An agent who has a certificate at the time the agent enters the United States Armed Forces or becomes an employe of the Department shall be eligible to apply for renewal of the certificate within 1 year from date of discharge or date of employment termination.
(c) Individuals desiring to conserve the business of agents and brokers entering the United States Armed Forces shall be subject to the conditions in § 37.19 (relating to special approval by the Commissioner).
(d) If an agent or a broker who is serving in the United States Armed Forces authorizes another agent or broker to do business in the name of the agent or broker, the certificate or license of the absentee shall be kept in force. If business is not transacted in the agents or brokers name, the absent agent or broker shall have the option of keeping the certificate or license in force.
(e) If it becomes necessary for an application or a renewal form to be filed on behalf of an insurance agent or broker in the United States Armed Forces who cannot be reached for the purpose of executing the application or renewal form, the Department will consider the application or renewal form on the proper form executed in the name of the absentee agent or broker by the agent or brokers attorney-in-fact, if the reason the application or renewal form is so executed is set forth in a statement attached to the application or renewal form together with a certified copy of the power of attorney.
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