Jane Dotson
If you want to sell life insurance in Florida, you need a life insurance license. This license allows you to sell various life insurance products, including term, whole, and universal life insurance policies. It is important to note that this license only covers life insurance policies, and if you want to sell health insurance or variable annuities, you will need additional licenses. To obtain a life insurance license in Florida, you must complete a five-step process, including taking a pre-licensing course, a background check, submitting an application, and passing the state exam.
| Characteristics | Values |
|---|---|
| License name | 2-15 Health & Life (Including Annuities & Variable Contracts) Agent License |
| Requirements | Be a natural person, be at least 18 years old, be a Florida resident, be a US citizen or legal alien with work authorization |
| Cost | $147.55 plus course tuition |
| Exam | 100 questions (85 scored, 56 to pass), 2-hour time limit |
| Exam fee | $44 |
| Passing score | 70% |
| Validity | 1 year |
| Attempts allowed | 5 attempts in a 1-year period |
| Additional licenses | Securities Industry Essentials (SIE), Series 6, 7, and 63 for advanced life insurance products; Variable Annuity License for variable annuities; Health Insurance License for health insurance |
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What You'll Learn
- The Florida Division of Insurance Agent and Agency Services (IAAS) requires a five-step process to obtain a life insurance license
- You must complete a 60-hour pre-licensing course and pass the exam with a score of 70% or more
- The total cost of obtaining a Florida life insurance license is $147.55 plus course tuition
- You can schedule your Florida insurance exam at any time, but it is recommended to take the exam 5-10 days after completing the course
- If you plan to sell advanced life insurance products, you may need to pass the Securities Industry Essentials (SIE) exam and obtain relevant securities licenses
The Florida Division of Insurance Agent and Agency Services (IAAS) requires a five-step process to obtain a life insurance license
In Florida, you need a life insurance license to sell life insurance. The Florida Division of Insurance Agent and Agency Services (IAAS) requires a five-step process to obtain a life insurance license.
Firstly, complete a Florida Insurance Pre-license Course. Kaplan Education Company offers a course for $149. Secondly, get a fingerprint-based background check. This can be done through IdentoGO for $48.05, plus local Florida sales tax. Thirdly, complete a Florida Life Insurance License Application. This can be done through Florida's MyProfile System and requires a $50 application fee, as well as a $5 license ID fee. Fourthly, take the Florida Life Insurance Licensing Exam. This is administered by Pearson VUE and costs $44. Fifthly, obtain your Florida life insurance license.
The total cost of obtaining a Florida life insurance license is $296.55, plus course tuition. The course tuition varies depending on the course, with the BASIC COURSE costing $139 and the ESSENTIAL Course costing $189.
It is important to note that a Florida life insurance license only covers life policies. If you want to sell health insurance, you need a health insurance license, and to offer variable annuities, you need a variable annuity license. Additionally, if you plan to deal with securities, you must obtain a securities license.
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You must complete a 60-hour pre-licensing course and pass the exam with a score of 70% or more
To sell life insurance in Florida, you must obtain a Florida life insurance license. This requires completing a 60-hour pre-licensing course and passing the state exam with a score of 70% or more.
The pre-licensing course covers the necessary knowledge to sell life insurance in Florida, including state-specific insurance laws, rules, regulations, and practices. It is designed to prepare you for the state exam, which is a crucial step in obtaining your license. The course can be taken online or supplemented with web classes, learning tools, and practice exams to enhance your understanding and exam preparation.
The 60-hour pre-licensing course for life insurance in Florida covers various topics to ensure you are well-equipped to sell life insurance products in the state. The course includes modules on basic insurance product knowledge, state-specific insurance regulations, and industry best practices. It also covers the different types of life insurance policies, such as term, whole, and universal life insurance, as well as annuities and variable contracts.
Completing the 60-hour pre-licensing course is a crucial step towards obtaining your Florida life insurance license. This course ensures you have the necessary knowledge and understanding to sell life insurance products in the state. By covering state-specific regulations and industry practices, the course prepares you to navigate the life insurance landscape in Florida confidently and compliantly.
Passing the state exam with a score of 70% or more is a significant milestone in obtaining your Florida life insurance license. This exam tests your understanding of the material covered in the pre-licensing course and assesses your ability to apply that knowledge in a real-world context. It is designed to ensure that you have the necessary skills and expertise to sell life insurance products effectively and ethically.
In addition to the pre-licensing course and state exam, there are a few other requirements to obtain your Florida life insurance license. These include completing a fingerprint-based background check, submitting the necessary application forms and fees, and maintaining compliance with continuing education requirements. By fulfilling these requirements, you will be well on your way to a successful career as a life insurance agent in Florida.
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The total cost of obtaining a Florida life insurance license is $147.55 plus course tuition
In Florida, a life insurance license is required to sell life insurance, including annuities and variable contracts. This license allows you to sell various life insurance products, such as term, whole, and universal life insurance policies, as well as fixed and variable annuities.
- A $48.05 fingerprint-based background check fee via IdentoGO or MorphoTrust.
- A $50 application fee and a $5 license ID fee via Florida's MyProfile System.
- A $44 Florida insurance exam fee via Pearson VUE.
In addition to these fees, there is a cost for the pre-licensing course. The tuition for the BASIC COURSE is $139, while the ESSENTIAL Course is $189. These courses include a 2-month (60-day) enrollment term and require a final exam with a passing score of 70% or better. The Course Completion Certificate is valid for four years from the date of issuance.
It is important to note that the Florida Division of Insurance Agent and Agency Services (IAAS) requires completing a five-step process to become a life insurance agent. These steps include taking the life insurance exam and applying for a license, which can take a few weeks to complete.
Furthermore, if you plan to sell advanced life insurance products or deal with securities, you may need to obtain additional licenses, such as the Securities Industry Essentials (SIE) license and relevant securities licenses (e.g., Series 6, 7, and 63).
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You can schedule your Florida insurance exam at any time, but it is recommended to take the exam 5-10 days after completing the course
To sell life insurance in Florida, you need a life insurance license. This license will allow you to sell various life insurance products, including term, whole, and universal life insurance policies.
Now, let's discuss exam scheduling. You can schedule your Florida insurance exam at any time by calling 1-888-274-2020 or by visiting PearsonVUE.com. It is recommended that you take the exam 5-10 days after completing your course. This timeline has proven successful for many students. The exam fee is $44 for each attempt, and you will need to score at least 70% to pass.
It's important to note that you can only attempt the exam five times within a one-year period. Therefore, if you don't pass the exam the first time, don't panic! You can schedule a review of your exam results by calling PearsonVue to prepare for your next attempt.
Additionally, you should be aware that the Florida Insurance exams are multiple-choice and are administered on a computer at the testing center. You will be provided with a dry-erase sheet of paper and an erasable marker to make notes. The 2-15 Health & Life (Including Annuities & Variable Contracts) Agent License exam consists of 165 questions.
To prepare for your exam, you may want to consider a pre-licensing course, such as those offered by Kaplan, which has a 93% pass rate. These courses can help you get accustomed to the extensive content you need to memorize and improve your chances of passing on your first attempt.
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If you plan to sell advanced life insurance products, you may need to pass the Securities Industry Essentials (SIE) exam and obtain relevant securities licenses
To sell life insurance in Florida, you need a life insurance license. This license covers life policies unless you have multiple licenses. For instance, you need a health insurance license to sell health insurance and a variable annuity license to offer variable annuities.
In Florida, you can obtain a temporary life insurance agent license if you are the executor, administrator, or next of kin of a deceased life agent and meet certain conditions. This temporary license is non-renewable and valid for six months only.
To obtain a permanent Florida life insurance license, you will need to complete a few steps, including taking a pre-license education course, completing a fingerprint-based background check, submitting a license application, and passing the state licensing exam. The pre-license education course will equip you with the necessary information and tools to prepare for your exam, and it is recommended that you take the state exam 5-10 days after completing your course. The state exam fee is $44 for each attempt, and you will need a score of 70% or higher to pass.
Once you have obtained your Florida life insurance license, you can sell various life insurance products, including term, whole, and universal life insurance policies. Additionally, you are authorized to offer fixed and variable annuities as retirement planning options.
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Frequently asked questions
You need a Florida Life Insurance License to sell life insurance in the state. This license allows you to sell various life insurance products, including term, whole, and universal life insurance policies.
To obtain a Florida Life Insurance License, you must be at least 18 years old, a resident of Florida, and a US citizen or legal alien with work authorization. You must also complete a pre-licensing course, pass the state exam, and submit your application.
The Florida Life Insurance Licensing exam is a 2-hour exam with 100 questions, 85 of which are scored. You need a score of 56 or higher to pass. The exam covers basic insurance product knowledge and specific insurance laws, rules, and regulations unique to Florida.
The total cost of obtaining a Florida Life Insurance License includes the course tuition ($139 for the BASIC COURSE or $189 for the ESSENTIAL Course) and various fees. These fees include the exam fee ($44), application fee ($50), license ID fee ($5), and fingerprint-based background check fee ($48.05 plus local sales tax).
