|Glossary of Terms|
Individual License Type
Producer - Individual who sells, solicits, or negotiates insurance policies.
Limited Lines Producer - individual who sells, solicits or negotiates crop hail, automobile physical damage, mortgage guaranty credit life,credit property or credit accident and health, pre-need, industrial fire,travel baggage, and title insurance.
Adjuster - individual who adjusts losses on behalf of an insurer.
Appraiser - individual who appraises automobile physical damage losses.
Broker - individual who sells, solicits, or negotiates insurance policies for Eligible Surplus Lines insurers.
Public Adjuster - individual who adjusts losses on behalf of a policyholder.
Professional Bondsman - any person who is approved and licensed under the provisions of Chapter 53 Title 38 SC Code of Laws and who pledges cash or approved securities with the clerk of court as security for bail bonds written in connection with a judicial proceeding and receives or is promised money or things of value for the
Runner - Person employed by a bail bondsman for the purpose of assisting the bail bondsman in presenting the defendant in court when required, assisting in the apprehension and surrender of the defendant to the court, keeping the defendant under necessary surveillance, and executing bonds on behalf of the licensed bondsman when the power of attorney has been recorded. "Runner does not include an attorney or a law enforcement officer assisting a bondsman.
Surety Bondsman - Any person who is approved by and licensed by the Director or his designee as an insurance producer, appointed by an insurer by power of attorney to execute or countersign bail bonds for the insurer in connection with judicial proceedings, and receives or is promised money or other things of value for the execution or countersignature.