How do I become a licensed insurance agent in Michigan?
How to Get Your Michigan Insurance License
- Complete an Insurance Prelicensing Course.
- Pass Your Michigan Licensing Exam.
- Apply for a Michigan Insurance License.
- Plan to Complete Required Insurance Continuing Education (CE) Credits.
What license do you need to sell insurance in Michigan?
The most common licenses new insurance agents get are the property & casualty license (P&C), life and health insurance license (L&H). The types of insurance products and policies you’ll be selling will determine which licenses you need.
What qualifications does an insurance agent need?
You can work as an insurance agent without formal qualifications, but most employers usually require you to gain your Senior Secondary Certificate of Education. You will probably get some informal training on the job.
How much is an insurance license in Michigan?
There is a $10 application/license fee is $10.00, and an additional $5.00 transaction fee. Your application will be valid for 6 months from entry into the database.
Who regulates title companies in Michigan?
the Michigan Insurance Bureau
In Michigan, both underwriters and agents are obligated to charge title insurance rates that have been filed and approved by the Michigan Insurance Bureau. This is the entity that regulates the Michigan industry.
How to get an insurance agent license in Michigan?
Insurance Agency-Agent Required State License(s): Contact the Department of Insurance and Financial Services for licensure information at 877-999-6442 or visit www.michigan.gov/difs .
How old do you have to be to be an insurance producer in Michigan?
One way we do this is through the licensure process. A license is a privilege, not a right. To receive and maintain a license in Michigan, an insurance producer (commonly referred to as an insurance agent) must be at least 18 years old, must complete any pre-licensing and continuing education required by law,…
What kind of insurance license do I Need?
The types of insurance products and policies you’ll be selling will determine which licenses you need. Here are some examples of the types of policies you can market with each license: Property and Casualty Insurance License – Auto Insurance, Home Insurance, Business Insurance, etc…
How many hours does it take to get an insurance agent license?
20 hours each for life; accident and health; property; casualty; personal lines; personal and commercial automobile Yes, and fingerprinting services are provided at the test Las Vegas and Reno testing sites