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Kentucky Insurance FAQs
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Q:
How Is The Commissioners Office Notified Of A Termination Of An Appointment?
A: An insurer must provide notification Form 8302 to the Commissioner, within 30 days, when it terminates an agent. If the termination is for cause based on any of the …
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Q:
Who Is Eligible For A Resident Insurance License In Kentucky?
A: Individuals applying for a resident agent license shall make application to the commissioner on Application Form 8301 and declare under penalty of refusal, …
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Q:
What Do I Need To Do If I Am A First-Time Resident Applicant?
A: The sponsoring insurer must submit the Application From 8301 completed in its entirety for an agent license with any one of the following lines of authority, with the …
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Q:
What Pre-Licensing Requirements Are Need To Be Met?
A: The sponsoring insurer must submit the completed application form with a certification of completion of the prelicensing course and the applicable fees. (The …
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Q:
What Are The Fees For A Resident License?
A: The licensing fee for resident agents by the initial sponsoring insurer is $40 per line of authority. Appointment fees for subsequent sponsoring insurers, per …
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Q:
When And Where Do I Take The Examination?
A: After the prelicensing information has been submitted and reviewed, if all is in order, the applicant will receive a notice for the exam if an exam is needed. At …
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Q:
Does Kentucky Require Continuing Education?
A: All resident agents are subject to Continuing Education for every line of authority (EXCEPT for the limited lines of authority: motor vehicle physical damage, common …
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Q:
How Do I Renew My License?
A: The insurer is responsible for giving written notice to any agent who will be terminated or who will not be renewed within thirty days of the nonrenewal or …
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Q:
What Needs Submitted To Become Appointed By Other Insurance Companies?
A: Appointments are submitted for additional affiliations by sponsoring insurers, after the original license for the line of authority has been issued, on Appointment …
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Q:
I Need A Certification/Clearance Letter, What Do I Do?
A: Certification letters (needed to license a Kentucky resident agent as a nonresident agent in another state) and clearance letters (needed to license a former …
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Q:
What If My Address Or Name Changes?
A: Kentucky law requires that an agent notify the Department of Insurance, in writing, of any change in residence address, business address, or legal name within 30 days …
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