Temporary Insurance Producer License
Fee for Temporary Insurance Producer License?
$50 one-time license fee
How does one apply for a Temporary Insurance Producer License?
Insurance company must apply for the license
Can a Temporary Insurance Producer License be renewed?
NO
Is there an exam, pre-license education, or continuing education required for those being issued a Temporary Insurance Producer License in the case of death of the original holder?
NO
Who has authority to limit the individuals who are passed down a Temporary Insurance Producer License?
The Insurance Director
Temporary Insurance Producer License does what?
allows an individual new to ins. sales to start selling ins. and earning commissions while preparing for state exam.
In the case of death a Temporary Insurance Producer License may?
be issued to a surviving spouse or court appointed personal representative of deceased or disabled insurance producer OR to the designee or the ins. producer entering the military service
How many times can a passed down Temporary Insurance Producer License be renewed?
once for an additional 180 days
An individual may have a Temporary Insurance Producer License how many times?
one per lifetime
How does an ins. company qualify for a training program?
when each 6 month period at least 50% of its Temporary Ins. Producers obtain Insurance Producers licenses prior to the expiration of their temp licenses
How long is a passed down Temporary Insurance Producer License issued for?
180 days
How long the Temporary Insurance Producer License issued for?
90 days
Temporary Insurance Producer License Requirements?
Ins. applies for individual ins. pays fee applicant must be enrolled in a qualified training program provided by APPOINTING INSURANCE COMPANY
If licensed individual is in military he/she can?
Request waiver for renewal application, fee, and/or continuing education requirements May appoint qualified person or business to service their his/her accounts while away Can receive renewal commissions while away even though license is not up to date