An insurance producer license is required before doing any of the following activities in exchange for compensation:
- Selling insurance.
- Encouraging someone to purchase insurance.
- Negotiating the terms or conditions of an insurance product.
- Giving advice about insurance.
To become a licensed insurance producer, a person must do the following:
- Licensing candidates must be at least 18 years old.
- Complete at least 20 hours of Pre-License education for each line of authority.
- Pass a state licensing exam for each desired line of authority.
- Pay the applicable licensing fees.
- Have a level of character acceptable to the Department of Insurance (DOI).
- Note: There are several cases in which a licensing application can be denied, such as when someone has committed a felony, failed to pay child support, had a license revoked in another state, etc. Any questions regarding this will need to be directed to the Department of Insurance.