Indicates the Company is incorporated to transact Life Insurance or General Insurance or Health Insurance or Agricultural Insurance or Reinsurance business. Licensed Agricultural Insurance Co Licensed General Insurance Co Licensed Life Insurance Co Licensed Health (standalone) Insurance Co Licensed Reinsurance (standalone) CoLicensee : One who stands in no contractual relationship to the owner or occupier of the premises, but is permitted or tolerated thereon expressly or impliedly, or inferentially, merely for his own interest, convenience or pleasure, or for that of a third person.
Insurance Encyclopedia
Licensed Lloyd’s advisers
In-house or independent advisers who advise corporate members on their underwriting commitments. They work in the same way as members’ agents work for names.
Licensed physician
Doctor who is authorized to perform services within limitations imposed by the state on the scope of practice; issuance by a state of a license to practice medicine constitutes legal authorization.
licensed practical nurse (LPN)
Individual educated in basic nursing techniques and direct patient care who passes a state board of nursing and has legal authorization (license) to practice. LPNs practice under the supervision of a licensed physician or registered nurse (RN). Also called licensed vocational nurse (LVN) or practical nurse . In California and Texas, licensing is as a licensed vocational nurse (LVN). In Canada, an LPN is called a certified nursing assistant .
licensed vocational nurse/licensed visiting nurse (LVN)
See: licensed practical nurse (LPN) .
Licensee (Legal Terminology)
A person who is authorized to enter the property of another for his or her own gain. The property owner must advise this person of any hidden hazards on the property and otherwise exercise care not to injure him or her.
Licensing
To give license or permit formally.
***
The incorporation of a company in the jurisdiction or the approval given to a company to underwrite insurance in the jurisdiction. These are recognized to be separate approvals and may be made in separate jurisdictions.
Licensure
See: licensed .