Free Virginia Insurance FAQs | Free Virginia Insurance Legal Documents

Can The Examination Requirement Be Waived?

Tue, 29 May 2007 21:19:00 GMT

The Life and Health examination will be waived if you submit proof that you have been awarded the designation of Chartered Life Underwriter (CLU). Similarly, the Property and Casualty examination will be waived if you submit proof that you have been awarded the designation of Chartered Property Casualty Underwriter (CPCU). By law, these are the only circumstances under which the examination may be waived. If you are seeking a waiver of the required examination, you need only submit CLU or CPCU documentation directly to the Bureau with your license application, criminal history record and nonrefundable license application processing fee. You do not need to submit the Request for Waiver form for the study course requirement.

Can The Prelicensing Education Requirement Be Waived?

Tue, 29 May 2007 21:19:00 GMT

The Bureau may allow you to take the examination without taking the required study course if you submit acceptable proof to the Bureau of having attained equivalent knowledge through employment experience. Your employment experience should include no less than one year of fulltime experience as an employee of an insurer, insurance department or insurance agency, or equivalent employment as determined by the Bureau. Also, the employment experience should have involved the performance of responsible insurance duties in connection with the kind of insurance for which you intend to apply for licensure. You must have completed the employment experience requirement not more than one year prior to obtaining a passing grade on the examination.

Applicants desiring a waiver should send a completed Request for Waiver Form to the Bureau. The Bureau will notify you by letter of its decision to grant or deny your waiver request. If you are granted a waiver, you must submit the ORIGINAL letter that grants the waiver to Experior with your examination registration and fee or present the original letter to the Proctor at the testing center before taking your examination.

How Can I Check To See If The Bureau Has Received My Continuing Education Hours?

Tue, 29 May 2007 21:19:00 GMT

You may call the Bureau's Interactive Voice Response System at 8043719631. Press Option 1 for Licensing Information. Follow the instructions and you will be provided information indicating whether the agent has met the continuing education requirement (if applicable) for the current biennium.

How Can I Obtain The Required Forms For Insurance Licensing?

Tue, 29 May 2007 21:19:00 GMT

The fastest way to obtain the forms you need for licensing is from the Bureau of Insurance Website: Downloadable Forms & Applications .

You may also obtain application forms by calling the Bureau's interactive voice response system (IVR) number: (800) 3719631 or you may send a written request including a self addressed reply envelope or mailing label to the mailing address listed above.

How Do I Inform The Bureau Of My Address Or Name Change?

Tue, 29 May 2007 21:19:00 GMT

You must inform the Bureau of any Address Change or Name Change in writing. You may notify the Bureau by completing the PIN5001 (Service Request Form) or you may send a letter indicating your address or name change. Please include your Social Security number or Tax Id Number with your request. The agent must sign all change requests. The Bureau will send you notification when your change has been processed.

How Do I Obtain A Certification Letter?

Tue, 29 May 2007 21:19:00 GMT

You must request a certification letter in writing by completing the PIN5001 (Service Request Form) or you may send a letter. Please include your Name, Social Security Number or Tax Id Number, the number of certification letters you are requesting, and a selfaddressed envelope or mailing label. Please allow 510 working days for us to process your request. No fee is required.

How Do I Obtain A Company Appointment?

Tue, 29 May 2007 21:19:00 GMT

You must obtain at least one appointment by an insurance company within six months of your license date. You must hold at least one active appointment at all times in order to keep your license in effect. Your license will terminate if a period of six months elapses without an active appointment in effect.

Each company you wish to represent must appoint you by submitting a PIN 4151 (Appointment) form to the Bureau within 30 days of the date of execution of the first insurance application you solicit on its behalf. An insurer may appoint any licensed agent to sell the classes of insurance that the insurer is authorized to market in Virginia, but the appointment is limited to those classes of insurance authorized by the agent's license type.

Upon receipt of an appointment form, the Bureau will verify that you hold an appropriate license and that the appointment is proper. The Bureau will mail you an Acknowledgment of Appointment card within five days of receipt of the properly completed appointment form from the company. Do NOT assume that a company has appointed you unless you receive the Acknowledgment of Appointment card from the Bureau. You may continue to solicit and submit applications to a company for a period of 45 days from the date you submit the first application to that company. If you do not receive an Acknowledgment of Appointment card from the Bureau within such 45day period, you must cease soliciting insurance on behalf of that company until you receive such acknowledgment.

How Do I Obtain A Duplicate License Or Appointment Card?

Tue, 29 May 2007 21:19:00 GMT

You must request a duplicate license or appointment card in writing by completing the PIN5001 (Service Request Form) or you may send a letter. Please include your Name, Social Security Number or Tax Id Number. For a duplicate license, include the license type you are requesting and fro an appointment card, include the name of the company for which the duplicate card will be issued. Please allow 510 working days for us to process your request. No fee is required.

How Do I Register For And Schedule The Examination?

Tue, 29 May 2007 21:19:00 GMT

The Virginia Bureau of Insurance has contracted with Experior Assessments LLC to conduct its examination program. Experior provides computerized examinations through a multistate network of testing centers. All questions and requests for information about examinations should be directed to:

Exam Content Outlines are available from the Experior Web site. For complete instructions on the licensing and examination process, please refer to the Licensing and Exam Procedures bulletin. Exam locations in Virginia include Chesapeake, Richmond, Fairfax, and Roanoke.

You may file your Exam Registration Form by mail or fax and subsequently schedule the exam by telephone by calling (800) 85664308, or you may register for and schedule your examination concurrently by telephone. Online Registration and Scheduling Services is also now available.

The examination fee of $73 will need to be paid at the time of registration. You can pay be MasterCard, Visa, company check, cashier's check or money order. Please note that personal checks or cash are not accepted. You may submit your original, notarized prelicensing study course Affidavit of Course Completion or Original Bureau Waiver of Study Course letter with your examination registration or present it at the testing center before taking your examination.

I Am Moving To Another State. What Do I Need From The Bureau Of Insurance?

Tue, 29 May 2007 21:19:00 GMT

A clearance letter is required when moving to another state. This cancels any active licenses in Virginia. To obtain a clearance letter, you must request it writing by completing the PIN5001 (Service Request Form) or you may send a letter. Please furnish the Bureau with your Name, Social Security Number, the state you are moving to, and any updated information regarding your new address. The agent must sign the request. Please allow 5 - 10 working days for us to process your request. No fee is required.

Is There A Continuing Education Requirement To Renew My License?

Tue, 29 May 2007 21:19:00 GMT

Insurance agents holding the license types listed below are responsible for completing a required number of continuing education hours (16 hours for one license, 24 hours for more than one license) by the end of each even numbered year. The CE requirement does not apply to the biennial period during which newly licensed agents have successfully completed the licensing examination required for any of the license types listed below.

LICENSE TYPES SUBJECT TO CE REQUIREMENTS
Life & Health; Life & Health Consultant; Property & Casualty; Property & Casualty Consultant; Title Experior Assessments administers the Continuing Education program. The Bureau of Insurance is not responsible for the administration of the CE program. Questions regarding continuing education should be directed to the special Experior CE tollfree number: 800.482.2366. The Continuing Education requirements are outlined in detail in a Continuing Education Handbook published by Experior. You may also access Online CE Services where agents can check their compliance status, request a summary of credits and create customized lists of approved courses. Sponsors can enter and edit course offering schedules.

Resident and nonresident agents and consultants must be in compliance with Virginia CE regulations in order to maintain their license(s). For most agents, requirements include:

16 hours of approved CE courses if you hold a single license type, or 24 hours of approved CE courses if you hold more than one license type. For special requirements for those holding Life & Health or Property & Casualty CONSULTANT licenses, refer to the CE Handbook.
Two hours of Laws and Regulations credits must be completed by all producers during each biennium.
No more than 75% of the credits towards compliance may be from courses categorized as Company/Agency.
Limited carryover credit is allowed.

A nonresident agent can satisfy Virginia CE requirements by providing a Letter of Certification from his or her home state, along with the required filing fee and form. SEE THE VIRGINIA CONTINUING EDUCATION HANDBOOK FOR COMPLETE DETAILS ABOUT COMPLIANCE REQUIREMENTS FOR RESIDENT AND NONRESIDENT AGENTS.

What Is The Procedure For Applying For My License After Passing The Examination?

Tue, 29 May 2007 21:19:00 GMT

After you have passed your examination, you must submit the following to the Bureau at the mailing address shown above:

The proper license application form;
A current (no more than 90 days old) Criminal History Record Report, which must be obtained through the Virginia State Police; and
The $15 nonrefundable license application processing fee.

Your license application must be received within six months of the date you pass your examination. Failure to do so will void your examination and you will have to satisfy all prelicensing requirements again.

You will not have to submit proof of passing the examination. Experior will notify the Bureau of your passing score within two business days of your examination date. After your application materials have been reviewed and approved, the Bureau will send you a license and you may begin to solicit insurance of the type for which you have received a license.

Each company you wish to represent must appoint you.

Where Can I Obtain Insurance Licensing Information?

Tue, 29 May 2007 21:19:00 GMT

You may obtain licensing information from the Virginia Bureau of Insurance:

Address:

Mailing Address:

Telephone: (800) 5527945 Agent Licensing: (804) 3719631

Email: bureauofinsurance@scc.state.va.us

Web site: http://www.state.va.us/scc/division/boi

Free Auto Insurance FAQs

Sun, 29 Nov 2009 08:10:53 GMT

Free Auto Insurance FAQs

Free Health Insurance FAQs

Sun, 29 Nov 2009 08:10:53 GMT

Free Health Insurance FAQs

Free Home Owners Insurance FAQs

Sun, 29 Nov 2009 08:10:53 GMT

Free Home Owners Insurance FAQs

Free Life Insurance FAQs

Sun, 29 Nov 2009 08:10:53 GMT

Free Life Insurance FAQs