Insurance Broker License. To become an insurance producer, aka a broker or agent, you need a license from your state. Nowadays, a wide variety of insurance products are available in the market, which may confuse a layperson in making the right insurance choice.
California insurance broker licenses are valid for 2 years. Read the procedure for licensing of insurance brokers at secp i.e., eligibility criteria an application for grant of a license or renewal of license to act as an insurance broker shall, for the. That is, to match clients in need of insurance with companies that will provide it.
All insurance agents and brokers practising in the state of new york must obtain a license to practice from the state's department of financial services.
How to minimize broker's liability through carrier risk. Before a license will be granted, candidates must. Separate licenses are required for agents to sell life and health insurance and property and casualty insurance. California insurance broker licenses are valid for 2 years.