cost for insurance license
If you have proper guide on how to get an insurance license Jacksonville then you have almost conquered to becoming an independent insurance agent in Jacksonville, Florida. Life insurance, car insurance, home insurance, or business insurance all requires an insurance license to sell in any state. Understand and learn more on cost for insurance license.
Steps on how to get an insurance license and cost for insurance license
Step 1: Which Types of Insurance Licenses Do You Need?
Depending on what type of insurance agent you want to be or what kind of policies you need to sell, you should choose the types of insurance licenses to get.
Hence, these are some of the examples of the types of insurance policies to sell with each type of license:
Property & Casualty Insurance License (2-20) – Car Insurance, Home Insurance, Business Insurance, and many more
Life & Health Insurance License (2-15) – Life Insurance, Annuities, Health Insurance, and many more. Also, if you’re interested than have a look at our blog on how do i know if my insurance license is active.
Step 2: Pre-License Education
After determining what type of license to get, you should now complete mandated pre-licensing insurance course. Also, the types of licenses, also known as “lines of authority”, determines which courses to take. In addition, each line of authority in Jacksonville, Florida varies in required hours of pre-license education. Hence, you receive a certificate upon completion of the course. Keep this certificate because its required while taking exam. According to Kaplan Financial producers look for clients who will buy insurance products, while brokers look for insurance products that will meet their clients’ needs.
Step 3: License Application on how to get an insurance license and find out the cost for insurance license
The next step is to apply for your license. If you have more than one line of authority that you have taken the education for, you should apply for all of those lines. The fee for an online application is $50 plus a $5 License ID fee, totaling $55.
Step 4: Fingerprinting and a Background Check
The State of Florida requires that all insurance license applications provide fingerprints prior to licensing. Giving your fingerprints will initiate a background check. If you have any prior misdemeanors or felonies, this may affect the outcome of your licensing efforts. The fee for fingerprint services is $48.05 plus the local sales tax. Florida Department of Law Enforcement get your fingerprints automatically.
Step 5: Jacksonville Insurance License Exams
The next step after completing all of the previous steps on how to get an insurance license Jacksonville is to take the insurance exam. Life, Accident, & Health 2-15 (L&H) and Property & Casualty 2-20 (P&C) lines are combined lines in Florida, so you can take two exams if you wish to achieve all of these lines of authority: Property, Casualty, Life, Accident, Health.
The fee for each attempt of the exams is $44 (one exam per combined lines of authority).
Step 6: Application Review on how to get an insurance license
Once submitted the application and passed exams, your license application will be reviewed by the state. Also, your background check gets reviewed.
Hence, if everything is to acceptable standards your license should be issued quickly. Also, if there are any things from background check that needs to be reviewed, it can slow down the process of issuing license. Make sure you keep in touch with a local insurance agent. In this case, the state can contact you to provide context to the issues that they have run into.
You should also get cyber liability insurance from a local independent insurance agent to protect yourself from cyber fraud. Finally, you should purchase e and o insurance for yourself as well as e and o insurance for insurance agents to protect yourself against costly claims stemming from typographical mistakes and omissions.