How to Get Your Insurance License.
You’re on your way to becoming an independent insurance agent. But first, you must get a license. Fortunately, getting a license can be fairly simple. Where will you be selling insurance? Each state has its own requirements. Below are the steps you should take, how to find requirements for your state, types of licenses and more.
Here’s what you’ll learn.
Why agents need a license and how often it gets updated
Types of licenses
Getting a license
State-specific information
Why agents need a license and how often it gets updated.
All states require insurance agents to obtain (and maintain) a license before they can open up shop and sell insurance to families or businesses. State regulators understand that insurance is an important financial protection tool for consumers. Thus, agents need to provide solid advice and appropriate policies.
Understand which types of licenses you’ll need to operate your independent agency before you get too far in the planning process. Without the proper licenses, you might not be able to sell insurance to families or business clients.
Note, too, that you must complete continuing education courses to keep your license, typically every two years. Check with your state on its requirements.
Why become an independent insurance agent?
Independent agents represent multiple insurance companies and are able to provide their clients with several quotes. Insurance customers go to independent agents because they can receive a more personalized, comprehensive approach to shopping for the coverage they need. Independent agents can achieve an optimal work/life balance. There are many other benefits to this career path, and we encourage you to explore them through the Big “I.” Independent insurance agents enjoy these benefits:
Types of licenses.
Note that the type of insurance license you’re applying for may have slightly different requirements. Your state’s regulations, too, can vary. You might choose to sell personal insurance, business insurance, life or health. And maybe you want to provide more than one type of insurance.
find out if an insurance career is right for you.
Getting a license.
Here are the basic steps to getting your insurance license. Depending on where you operate your business, the process might be a little different.
- Complete an insurance pre-licensing course, which typically can be done online
- Pass the insurance exam
- Apply for the insurance license by filling out an online form for your state and pay the fee
- Complete a background check, and get fingerprinted
- Maintain your insurance license by satisfying the continuing education, or CE, requirements
How to sign up for a Big “I” membership in your state.
Signing up for a Big “I” membership in your state is easy. Just fill out the online form to get started. Member dues vary by state, firm size and revenue. If you have questions, the Big “I” is standing by to answer them and assist you in every way possible.
