PURPOSE: This rule prescribes the license application process, fee, and initial training for limited lines self-service storage insurance producers. This rule also prescribes the register for listing individuals that offer self-service storage insurance on the behalf of the licensed limited lines self-service storage insurance producer. Any form referenced in this regulation may be accessed at the department’s website at www.insurance.mo.gov.

1. (1) Application and Fees. Application for a limited lines self-service storage insurance producer license shall include the following:

   1. (A) A completed application form, included herein as Exhibit 1 of this rule, or any form that substantially comports with the specified form; and
   2. (B) One hundred dollar ($100) application fee.

2. (2) Qualified Training Program.

   1. (A) Applicants for a limited lines self-service storage insurance producer license shall complete a training course approved by the director, as listed on the department’s limited lines self-service storage insurance producer webpage at www.insurance.mo.gov.
   2. (B) An individual licensed in Missouri as an insurance producer with the property insurance line of authority shall be deemed as having completed the qualified training program requirement described in subsection (2)(A).

3. (3) Register of Individuals Offering Self- Service Storage Insurance on Limited Lines Self-Service Storage Insurance Producer’s Behalf. 20 CSR 700-1

   1. (A) Contents of register to be established, maintained, and updated by the limited lines self-service storage insurance producer.

      1. 1. Each limited lines self-service storage

insurance producer shall establish at the time of licensure, and thereafter maintain and update annually a self-service storage register in the form included herein as Exhibit 2, or in a substantially similar document that shall include the following:

1. A. Name, address, telephone number,

and email address of the limited lines selfservice storage insurance producer;

1. B. Name, address, telephone number,

and email address of any officer or person who directs or controls the limited lines selfservice storage insurance producer’s operations;

1. C. Name, address, telephone number,

and email address of each individual that offers self-service storage insurance on behalf of the limited lines self-service storage insurance producer;

1. D. The self-service storage facility’s

federal tax identification number; and

1. E. Dated signature by the limited

lines self-service storage insurance producer, under penalty of perjury, certifying that each individual listed on the self-service storage register complies with 18 U.S.C. Section 1033.

1. (B) The limited lines self-service storage insurance producer shall submit the self-service storage register within thirty (30) days upon request by the department.

1. (4) The limited lines self-service storage insurance producer shall require each employee and authorized representative of the self-service storage insurance producer to receive a program of instruction or training that has been reviewed and approved by the director. The training material shall, at a minimum, contain instructions on the types of insurance offered, ethical sales practices, and required disclosures to prospective customers. FINANCIAL INSTITUTIONS AND PROFESSIONAL REGISTRATION Division 700—Insurance Licensing FINANCIAL INSTITUTIONS AND PROFESSIONAL REGISTRATION Division 700—Insurance Licensing FINANCIAL INSTITUTIONS AND PROFESSIONAL REGISTRATION Division 700—Insurance Licensing AUTHORITY: sections 374.045 and 379.1640, RSMo 2016.* Emergency rule filed Aug. 18, 2016, effective Aug. 28, 2016, expired Feb. 23, 2017. Original rule filed Aug. 18, 2016, effective March 30, 2017.

*Original authority: 374.045, RSMo 1967, amended 1993, 1995, 2008 and 379.1640, RSMo 2016.