Insurance Broker Certification
Brokers licenses and agents licenses are different although as a broker you can still hold an agents license and work for companies as an agent.
Insurance broker certification. Life broker licenses are issued pursuant to section 2104b1a of the new york insurance law authorizing brokers to solicit the lines of life variable annuities and accident health on behalf of insureds. Information for prospective life insurance brokers. Certificates of insurance instructions to new york city agencies departments and offices all certificates of insurance except certificates of insurance solely evidencing workers compensation insurance employer s liability insurance andor disability benefits insurance must be accompanied by one of the following. Obtain an insurance broker license.
Insurance is a crowded field and its important to stand out if you want to be successful. The term for agent licenses is up to two years. The national alliance for insurance education and research naier offers voluntary certification for insurance brokers who sell property and casualty life health and fire insurance. In its simplest terms an insurance designation is advanced training in a specialty area where the certificant must complete the coursework and pass a certification exam.
Why are insurance certifications important. You need a brokers license from each state in which you plan to work. Certifications for a resident new york licensee are available to individual licensees licensees with a tba and currently licensed entities via the dfs portal letter of certification application. What is an insurance designation.
Certifications processed via the dfs portal may be immediately printed for use. Licenses are available for life personal property and casualty insurance.