How to Become a Life and or Health Insurance Agent

How to Become a Life and or Health Insurance Agent

 

Decide if you want to sell Life and or Health insurance

First thing you want to do is decide you want to sell Life and or Health insurance. These are referred to as “lines of authority” in the industry. Each has its own license; some people feel it’s easier to study and take both at the same time. But this is up to the individual and if you want to sell both types of products.

  • Life Insurance: Selling policies and annuities related to providing for a beneficiary upon the death of the insured.
  • Health Insurance: Selling medical, disability, Medicare supplement, short-term, and long-term care policies.

Understanding the Basic Requirements

Now understanding the basic requirements for the type of insurance agent you want to be:

  • You must be at least 18 years old to become an insurance agent
  • You will need to complete pre-licensing education for the line(s) of authority; each state determines these. The number of hours you’ll have to complete, and the cost also varies by state.
  • You will need to pass the state insurance licensing exam for your line(s) of authority.
  • You will need to pass a background check. This process varies by state and, in some states, includes fingerprinting.
  • You will also need continuing education to keep or renew your license.

State Requirements

One of the best resources for state requirements is The National Insurance Producers Registry. There you can find a complete list of state licensing requirements, the associated fees, and other essential details about the licensing process for your state.

Each state also has a website where you can find out the kind of continuing education you need to keep or renew your license.

Pre-Licensing and State Exam(s)

Now it’s time to get the hours of education required by the state, take the exam(s), and pass it.

  • Once you get your education hours
  • Register for the exam(s)
  • Take and Pass exam(s)

Congratulations, You’re an Insurance Agent.

Now it’s time to turn all of that hard work into a great new CAREER.