Orlando Harmon
The Life and Health Insurance Producer License is one of the two basic insurance licenses, the other being the Property and Casualty License. This license allows you to solicit and build a book of business of health and life insurance within your state. To obtain this license, you must pass a state-specific exam. The license will enable you to work on behalf of an insurance agency, selling their brand of products, or as an independent broker with access to several brands. Health insurance licensure will allow you to write health insurance products offered within your state, and you are recognised as qualified to explain, sell, and write health insurance products. You can obtain a health insurance license independently of a life insurance license, and vice versa, although most new agents choose to get them at the same time.
| Characteristics | Values |
|---|---|
| What is it? | A license granted upon passing a state exam that allows the recipient to solicit and build a book of business of health and life insurance within that state |
| Who is it for? | Those who want to work on behalf of an insurance agency, selling just their brand of products, or as an independent broker with access to several brands of products |
| What does it allow you to do? | Sell and write health insurance products |
| What are the requirements? | Passing a state exam (although some professional designations can waive the pre-licensing examination requirement) |
| What are the different types? | Fraternal Agent and Insurance Producer are different license types |
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What You'll Learn
What is a life and health insurance producer license?
A life and health insurance producer license is one of the two basic insurance licenses (the other being the Property and Casualty License). It allows the recipient to solicit and build a book of business of health and life insurance within their state. This means that they can work on behalf of an insurance agency, selling just their brand of products, or as an independent broker with access to several brands of products.
The license is granted upon the successful passing of a specific state’s exam. However, the pre-licensing examination requirement is waived for applicants who have been awarded certain professional designations and provide a current Letter of Designation.
Health insurance licensure will allow you to write health insurance products offered within your state. With a health insurance license, you are recognised as qualified to explain, sell, and write health insurance products. You can get your health insurance license independently of your life insurance license, and vice versa. However, most new agents elect to get them at the same time based on their opportunity to write both lines of business for the same client.
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How to get a life and health insurance producer license
A life and health insurance producer license is one of the two basic insurance licenses (the other being a property and casualty license). This license allows you to solicit and build a book of business of health and life insurance within your state. You can work on behalf of an insurance agency, selling just their brand of products, or as an independent broker with access to several brands of products.
To get a life and health insurance producer license, you will need to pass your specific state's exam. You can prepare for this exam by taking an online course, such as those offered by Kaplan, which have a 93% pass rate. States can also group life and health lines together into a single pre-license course and exam. It is recommended to check with the particulars of your state to confirm what securing each license permits you to sell.
The pre-licensing examination requirement is waived for applicants who have been awarded certain professional designations and provide a current Letter of Designation.
Once you have passed the exam, you can apply for the license by visiting the National Insurance Producer Registry (NIPR). Navigate to the Licensing Center and choose "Apply for a New License." It's important to note that Fraternal Agent and Insurance Producer are different license types, so if you have recently finished an exam for Life and/or Accident & Health or Sickness Insurance Producer, do not opt for the Fraternal Agent license category.
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What can you sell with a life and health insurance producer license?
A life and health insurance producer license allows you to solicit and build a book of business of health and life insurance within your state. This means you can work on behalf of an insurance agency, selling just their brand of products, or as an independent broker with access to several brands of products.
The license is granted upon the successful passing of your specific state’s exam. It is one of the two basic insurance licenses, the other being the Property and Casualty License.
With a health insurance license, you are recognised as qualified to explain, sell, and write health insurance products offered within your state. You can get your health insurance license independently of your life insurance license, and vice versa. However, most new agents elect to get them at the same time, as this gives them the opportunity to write both lines of business for the same client.
The pre-licensing examination requirement is waived for applicants who have been awarded certain professional designations and provide a current Letter of Designation.
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Other licenses you may need
To sell life and/or health insurance in your state, you will need a life and health insurance producer's license. This is one of the two basic insurance licenses, the other being the Property and Casualty License.
The license you need will depend on the state in which you are selling insurance. Some states group life and health lines together into a single pre-license course and exam, while others keep them separate. It is recommended that you check with your state to confirm what each license permits you to sell.
If you are applying for a life insurance producer license, the pre-licensing examination requirement is waived for applicants who have been awarded the following professional designations: CEBS, ChFC, CIC, CFP, CLU, FLMI and/or LUTCF. For an Accident & Health or Sickness license, the requirement is waived for those with the following designations: CEBS, CLU, HIA, REBC and/or RHU.
If you have recently finished an exam for Life and/or Accident & Health or Sickness Insurance Producer, do not opt for the FRATERNAL AGENT license category. It is important to note that Fraternal Agent and Insurance Producer are different license types.
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What is the difference between a fraternal agent and an insurance producer?
The Life and Health Insurance License is one of the two basic insurance licenses (the other being the Property and Casualty License). This license allows you to solicit and build a book of business of health and life insurance within your state.
Insurance producers may be agents or brokers, and both roles have different licensing requirements. An insurance agent represents an insurance company and looks for clients who will buy insurance products. They can also bind a client to a policy. An insurance broker, on the other hand, represents insurance buyers and looks for insurance products that will meet their clients' needs.
A fraternal agent and an insurance producer are different license types. A fraternal insurance company is a not-for-profit, member-owned organisation offering insurance as a primary benefit to its members. They are known for putting their members' needs first and providing them with superior products.
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Frequently asked questions
It is a license granted by a specific state that allows the recipient to solicit and build a book of business of health and life insurance within that state.
It allows you to work on behalf of an insurance agency, selling just their brand of products, or as an independent broker with access to several brands of products.
You need to pass your specific state's exam. You can then apply for the license by visiting the National Insurance Producer Registry (NIPR).
There are two basic insurance licenses: the Life and Health License and the Property and Casualty License.
