Producer Licenses
There are six major types of Producer licenses:
- Life
- Accident, Health or Sickness
- Property
- Casualty
- Personal Lines
- Variable Life and Variable Annuities
The NC Department of Insurance requires those wishing to obtain a Producer’s license pass an approved prelicensing course in order to be eligible to take the state exam(s).
All, except the Variable Life and Variable Annuities, require prelicensing. Variable products may be sold under the Life license with an appointment and active registration to sell Securities with FINRA.
Those wishing to obtain a Medicare Supplement/Long Term Care license must hold an Accident, Health or Sickness license, and pass an approved prelicensing course in order to take the state exam.
If Disability coverage is part of a Life policy, only a Life license is needed. If Disability is sold as a stand alone policy, an Accident, Health or Sickness license is needed.
Fingerprint Requirement
First-time applicants for a NC Resident Insurance Producer or a Public Adjuster license are subject to a background check and fingerprint requirement.
Exemption applies to those currently licensed and applying for additional lines of authority or a Company/ Independent Firm or Self-employed Adjuster’s license.