R590-244-6. Requirement of an Active License to Act as a Navigator

  (1) A person must have the following to act as a navigator:

  (a)(i) an active navigator license issued under Chapter 31A-23b, or

  (ii) an active producer license issued under Chapter 31A-23a with an accident and health line of authority; and

  (b)(i) a surety bond in an amount not less than $50,000 to cover the legal liability of the navigator as the result of an erroneous act or failure to act in the navigator's capacity as a navigator, as applicable in accordance with Section 31A-23b-207; or

  (ii) legal liability errors and omissions insurance coverage in an amount not less than $250,000 per claim and $500,000 annual aggregate limit, as applicable in accordance with Section 31A-23b-207.

  (2) A professional liability coverage plan is considered to be a form of errors and omissions insurance coverage.

  (3) A navigator whose license is inactivated for any reason shall not act as a navigator from the date the active license is inactivated until the date the inactive license is reactivated.

  (4) A navigator license includes the following lines of authority:

  (a) navigator; and

  (b) certified application counselor.