Is an insurance agent entitled to a commission if they sold a policy before their license lapsed?

An insurance agent who sold a policy before their license lapsed is indeed entitled to a commission on that sale if the policy is subsequently renewed. This is because the contractual obligation to pay commissions typically remains in effect for policies sold while the agent was properly licensed. The agent's ability to earn a renewal commission is contingent on the policy being renewed, which means that the original sale was valid at the time it occurred.

In most jurisdictions, commissions are tied to the agent's performance and the validity of their licensing at the time the policy was sold. Once a policy remains active through renewal, the agent’s commission rights are preserved, allowing them to continue earning from the policy even if their license is not active at the moment of renewal, provided they reinstate their licensing before performing new business.

This indicates that options suggesting that commissions would be voided or contingent solely on licensure at the time of renewal are not accurate in this context. The focus is on the time of sale and the relationship between the agent and the insurance company as established by the original transaction.