How long does an insurance agent's appointment last in Virginia?

In Virginia, an insurance agent's appointment lasts until termination. This means that an agent remains appointed as long as they are in compliance with the terms set by the insurer and fulfill the necessary regulatory requirements. Termination can occur for various reasons, including the agent's choice to leave the firm, the insurer's decision to end the appointment, or due to regulatory action.

This structure allows for flexibility in the agent's professional journey, as appointments are not tied to fixed terms or specific renewal dates that might restrict the agent's ability to operate. Therefore, the appointment can be renewed indefinitely, provided that no termination conditions are met.

Options that suggest a specific time frame, such as a fixed term of three years, do not apply here because the nature of the appointment is more fluid and dependent on ongoing compliance rather than a set duration. Similarly, suggestions of an appointment lasting until the next renewal date or indefinitely do not align with the fact that the appointment specifically remains valid until an event causes termination.