How to go from working at one insurance company to another?

Question

A member of my family living in Ohio currently works for a life insurance/investments company and is thinking of quitting from that company and going to work for another similar company. What we’re wondering about are his legal limitations, obligations, etc. We’ve heard once before that as a captive agent, you cannot work for two different life insurance companies. That if you’re going to quit from one and go to another you have to finalize your employment at the 1st company before singing ANY paperwork of employment at the new company. Has anyone had any experience with this before?

We were thinking about staying at the 1st company for about another month or so while finial commissions come in and go through the employment paper work at the second company (but not sell any of their products). Then, after a month, he’d finalize employment at the first place then he would already work at the new place and could be able to start selling their products.

Does anyone have any advice?

Answer 1

True, if he's captive, he can't work for two different companies at the same time.  In OH, you need the sponsorship of a company in order to keep your life license valid.  

People switch companies all the time.  The new company should know exactly how to handle this.

Answer 2

you are very truly saying but their will be one good chance for exit and entry to new one, you have to performe good and take promotion in currant company and take transfer with promotion and change your place and work status then on the same type of cadre ,apply to another company so you can easily work without any more difficulties. try to understand my logic.