What Is A Life Insurance License?
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63333 POINTSview profilePeggy MaceMost of the U.S.A life insurance license is what gives you the right to sell life insurance. Life insurance licenses are governed by state regulators. You must take educational courses and pass an exam to get your license. There are fees to pay and conduct codes to meet, then you must take continuing education to keep your license. If you want to sell life insurance in more than one state, you must get a license in each state.Answered on December 18, 2013flag this answer- 624 POINTSview profileBILL HANNAAgent, WMH Consulting LLC, Fort Worth, TexasEach State has it's own regulators to administer/govern Life Insurance licenses. A Life Insurance license is required to sell Life Insurance and you must license in each State you desire to sell Life Insurance.Passing an exam is required to receive a license.Fees and continuing education courses are required,and Codes of Conduct to comply and maintain a license.Answered on June 1, 2015flag this answer
5877 POINTSview profileStan Cox IIInsurance Adviser - Broker, SC Insurance Services, Oahu, HawaiiMost basically a life insurance license is a license to sell life insurance. But you can think of it as a certificate issued by the State that certifies that the holder of the license has studied the laws governing life insurance and the practices involved, and has passed rigorous tests to verify that the person knows those laws and the serious consequences of violating them. The life insurance license makes the person eligible to be appointed by life insurance companies to sell their fixed life insurance and annuity products. THen the licensed person has to learn all about the products the company offers before they can actually sell them.Answered on November 1, 2015flag this answer
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