Oklahoma City, OK asked in Health Care Law and Insurance Bad Faith for Oklahoma

Q: I’m an insurance agent who sells health insurance. Would it be illegal to sell my sons and me health insurance?

I already have around 20 clients. These policies I would be writing for me and my sons would not be over 25% of my total business. These policies on my sons and I are from the marketplace which means they are being subsidized by tax payers. If I were able to take ownership of the health insurance policies on us from the marketplace, I may earn some commissions and this is why I was curious if it was illegal. When I read the OK statutes it almost sounds as though writing any insurance on your family is illegal. When I went through my training, I was under the impression that it would only be illegal if the said business exceeded 25% of your total business. Any clarification on this would be awesome.

1 Lawyer Answer
Tim Akpinar
Tim Akpinar
  • Insurance Claims Lawyer
  • Little Neck, NY

A: An Oklahoma attorney could advise best, but your question remains open for four weeks. Until you're able to consult with a local attorney, most states have departments of insurance. They field many insurance-related questions from the public. Good luck

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