Jane Dotson
If you want to become an insurance agent in North Dakota, you must obtain a North Dakota insurance license. To do this, you must complete a pre-licensing education course, pass a state licensing exam, and complete an application process. The type of insurance policies you want to sell will dictate the type of license you need. After passing the exam, you must get fingerprinted to initiate a background check. Once your licensing application has been approved, you will be a qualified insurance agent in North Dakota.
| Characteristics | Values |
|---|---|
| Pre-licensing education | Not required by the state, but highly recommended |
| Exam | Required |
| Exam preparation | Available through companies such as Kaplan Financial Education and A.D. Banker & Company |
| Exam provider | PSI |
| Background check | Required |
| Fingerprinting | Required; can be done at PSI or law enforcement centers |
| Licensing | Required; can be applied for at http://www.nipr.com |
| License renewal | $25 renewal fee |
| License types | Life or Accident & Health, Property, Casualty, Personal Lines, Variable Products, etc. |
| License requirements | Depends on the type of insurance being sold; for example, a 3-hour National Flood Insurance Program (NFIP) course is required to sell, solicit, or negotiate Flood insurance |
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What You'll Learn
Choosing an insurance type
You can choose to specialize in one particular type of policy and focus on the specific license that's relevant to this insurance type. Alternatively, you can opt for multiple licenses to offer clients a wider range of insurance products.
- Life and Health Insurance License: This license qualifies you to sell life and health insurance products in North Dakota. It also allows you to investigate and adjust any claims connected to an insurance policy. To sell advanced life insurance products, you'll need to pass the Securities Industry Essentials (SIE) exam and obtain relevant securities licenses.
- Property and Casualty (P&C) Insurance License: This license is for agents who plan to sell, solicit, or negotiate property and casualty insurance. Obtaining this license involves passing the necessary exams and completing a criminal background check.
- Long-Term Care (LTC) Insurance: Agents selling, soliciting, or negotiating long-term care insurance must complete an approved 8-hour LTC course before obtaining this license. They must also complete a 4-hour LTC refresher course every renewal period to continue selling this type of insurance.
- National Flood Insurance Program (NFIP) License: Agents who plan to sell, solicit, or negotiate flood insurance must complete an approved one-time 3-hour NFIP course by the end of their first renewal period.
- Insurance Adjuster License: If you're looking to work as an insurance adjuster in North Dakota, you can obtain a Designated Home State (DHS) license. This license is available to residents of states that don't license adjusters or company adjusters who reside in a state that only licenses independent adjusters.
Remember, each insurance type has specific training requirements, and you must adhere to the regulations set by the North Dakota Insurance Department or Commissioner of Insurance.
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Pre-licensing education
To become an insurance agent in North Dakota, you must obtain a North Dakota insurance license. While the state of North Dakota does not require prelicensing education, it is highly recommended that you complete a pre-licensing education course to increase your chances of passing the licensing exam.
When choosing a pre-licensing education course, it is important to consider your learning style and schedule. Some courses may be more interactive and engaging, while others may offer more flexibility in terms of timing and pace. It is also essential to ensure that the course you select covers the topics relevant to the specific type of insurance license you are seeking.
In addition to the general pre-licensing education, there are specific training requirements for agents selling, soliciting, or negotiating certain types of insurance products. For example, agents selling long-term care products must complete an approved 8-hour Long-term Care course and a 4-hour LTC refresher course every renewal period. Similarly, property and casualty or personal lines licensees planning to sell flood insurance must complete an approved one-time 3-hour National Flood Insurance Program (NFIP) course by the end of their first renewal period.
While pre-licensing education is not mandatory in North Dakota, it is an essential step in preparing for the licensing exam. By enrolling in a reputable pre-licensing education course, you can gain the knowledge and skills needed to pass the exam and become a qualified insurance agent in the state.
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Registering for the exam
To become an insurance agent in North Dakota, you must pass a licensing exam. While prelicensing education is not required, it is highly recommended that you enrol in a study course to prepare for the exam. A.D. Banker & Company offers prelicensing courses in various formats, including classroom, web classes, online courses, or self-study.
After completing your exam prep course, you must register for the exam with PSI, the official examination scheduling facility for North Dakota. You can register to take your exam online or at a physical location. Detailed information about how to register for the exam is available on the StateRequirement website. It is important to register well in advance to secure your desired date and location, as spots can fill up quickly.
When registering, you will need to select a test date and location that is convenient for you. You will also be required to pay the exam fees at the time of reservation with a valid credit card. On the day of the exam, you should report to the test centre 30 minutes early to verify your identification and complete security checks.
Once you have passed your exam, you will need to get fingerprinted by PSI or law enforcement centres for a background check required by the state. PSI will notify the Department of Insurance of your exam results within 48 hours of passing. After passing the exam and completing the fingerprinting process, you can apply for your license.
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Background check
To become an insurance agent in North Dakota, you must undergo a criminal background check, which includes fingerprinting. This is to ensure that all agents meet the ethical standards necessary for the responsibility the role entails. The background check process is conducted in partnership with the Bureau of Criminal Investigation (BCI) and includes a separate BCI fee.
The background check is initiated by providing a set of fingerprints to the North Dakota Insurance Department. This can be done at a PSI Test Center after your insurance licensing exam, or at other locations such as Law Enforcement Centers. PSI will then mail the signed consent form, fingerprint card, and North Dakota Attorney General payment ($40) to the North Dakota Insurance Department. If you opt to have your fingerprints taken at a non-PSI site, you will be responsible for sending your fingerprinting card and payment to the state.
If you are submitting your fingerprints at a PSI Test Center, the process costs $41.45, which includes a $29 filing fee charged by PSI on top of the fingerprint processing fee. If you are not having your fingerprints done at a PSI Test Center, you can contact the Producer Licensing Division of the North Dakota Insurance Department for more information on alternative locations.
It is important to note that the issuance of your insurance license may take longer if there are any items from your background check that need further review. In such cases, the state will typically get in touch to provide context and discuss any potential issues. Once the review is complete, the state will send you an email with your new license number.
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License application
To become an insurance agent in North Dakota, you must obtain a North Dakota insurance license. This license is obtained after completing a few steps, one of which is the license application.
The first step to becoming a licensed insurance agent in North Dakota is to complete a pre-licensing education course. Although the state does not require prelicensing education, enrolling in a study course is highly recommended due to the difficulty and nature of the licensing exams. After completing your exam prep course, you must pass a state licensing exam. PSI is the official examination scheduling facility for North Dakota. Candidates can register to take their exam online or at a physical location.
Once you have passed your state licensing exam, you are ready to apply for an insurance license. The North Dakota Insurance Department is the primary state resource for prospective and current agents, providing detailed guides about the licensing process, continuing education requirements, and applications for both resident and non-resident licenses. The application process can be completed on the NIPR website.
Before applying for a license, prospective agents must also undergo a background check. This involves providing a set of fingerprints to the North Dakota Insurance Department, which can be done at a PSI Test Center after the insurance licensing exam for a fee of $41.45. PSI will then mail the fingerprints to the ND Insurance Department on the candidate's behalf for an additional filing fee of $29. Candidates are not required to submit fingerprints if they are adding a line of authority to an existing resident North Dakota producer license or reinstating a resident producer license that expired within the previous 12 months.
For resident agents, the initial expiration date for a Major Lines license is the last day of the agent's birth month in the first year after issuance. These licenses must be renewed by the last day of their birth month every two years. The renewal fee is $25.
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Frequently asked questions
To become an insurance agent in North Dakota, you must pass a licensing exam. You can prepare for the exam by taking an insurance course. After passing the exam, you must get fingerprinted by PSI or law enforcement centres for a background check. Once you've passed the exam and your licensing application has been approved, you'll be a qualified insurance agent.
First, decide what type of insurance policies you want to sell. Next, complete a pre-licensing education course. After that, register for the exam with PSI, the official examination scheduling facility for North Dakota. Once you've passed the exam, submit your fingerprints and then apply for your license.
Resident and non-resident agents must complete training requirements in any state with laws similar to North Dakota. Property and Casualty or Personal Lines licensees must complete an approved one-time 3-hour National Flood Insurance Program (NFIP) course by the end of their first renewal period if they plan to sell, solicit, or negotiate Flood insurance. Life or Accident & Health licensees must complete an approved 8-hour Long-term Care course before selling, soliciting, or negotiating long-term care insurance.
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