What Are The Requirements To Become Licensed In Washington?
- Agents No additional eligibility requirements
- Brokers Two years experience either as an agent, solicitor, adjuster, general agent, broker, or as an employee of insurers or representatives of insurers, and special education or training of sufficient duration and extent reasonably to satisfy the Commissioner that they possess the competence necessary to fulfill the responsibilities of broker
- Solicitors May represent and be employed by but one licensed agent or broker and intend to make the soliciting and handling of insurance business under their license their principal vocation
- Adjuster Experience or special education or training with reference to the handling of loss claims under insurance contracts of sufficient duration and extent to reasonably make them competent to fulfill the responsibilities of an adjuster.
- Surplus Line Broker Five years as a licensed property/casualty broker, immediately preceding the date of the application, or the CPCU designation with not less than five years' experience in the insurance industry, or not less than ten years' experience as an insurance company employee, or an employee of an insurance broker's office or other related insurance industry experience, or have equivalent experience acceptable to the insurance commissioner.
- Viatical Settlement Broker Applicants for a resident viatical settlement broker must be qualified as a life insurance agent and appointed by each viatical settlement provider represented.
- Managing General Agent Persons acting in the capacity of a resident Managing General Agent must be licensed as an Agent for the lines of insurance involved and appointed as a Managing General Agent by the insurer.
Nonresidents must meet the same qualification as residents and additionally be licensed as a resident of a state that extends a similar privilege to Washington State residents. Washington State does not license or permit nonresident solicitors.
Speak to an Experienced Insurance Attorney Today
This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified insurance lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local insurance attorney to discuss your specific legal situation.
Additional Insurance Articles
- Where Can I Obtain Insurance Licensing Information?
- What Are The Licensing Application Procedures?
- What Is The Prelicensing Education Requirement In The State Of Washington?
- What Are The Prelicensing Examination Requirements?
- How Do I Register For And Schedule The Examination?
- What Are The License Fees?
- What Is The Procedure For Obtaining An Appointment/Affiliation?
- What Are The Licensing Renewal Procedures?
- What Is The Continuing Education Requirement?