Who has strict limitations on the type of business they can conduct?

Individuals with a temporary license are indeed subject to strict limitations on the type of business they can conduct. A temporary license is generally issued to allow a person to operate in the insurance industry while they complete the necessary requirements to obtain a full license. Because of this provisional status, their activities are usually restricted to specific areas, and they may not be allowed to conduct certain types of complicated transactions or work independently without the oversight of a fully licensed agent.

In contrast, individuals with a full license, agents with a regular license, and brokers have typically met all the necessary qualifications and training required to operate more freely within the industry. They can engage in a broader scope of activities, including managing more complex insurance matters and representing clients with greater autonomy. This distinction highlights the temporary license's limitations, ensuring that those still in the process of completing their qualifications operate under more controlled circumstances.