Form FIS2351 Request to Sponsor a Temporary Producer Licensee - Michigan

Form FIS2351 Request to Sponsor a Temporary Producer Licensee - Michigan

What Is Form FIS2351?

This is a legal form that was released by the Michigan Department of Insurance and Financial Services - a government authority operating within Michigan. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is a Form FIS2351?
A: Form FIS2351 is a request form to sponsor a temporary producer licensee in Michigan.

Q: Who can use Form FIS2351?
A: This form can be used by individuals or businesses who want to sponsor a temporary producer licensee in Michigan.

Q: What is a temporary producer licensee?
A: A temporary producer licensee is an insurance producer who has not yet been fully licensed but is working under the supervision and sponsorship of an already licensed producer.

Q: Why would someone need to sponsor a temporary producer licensee?
A: Sponsoring a temporary producer licensee allows individuals or businesses to provide training and supervision to new insurance producers who have not yet obtained their full license.

Q: How long does it take for a temporary producer licensee to be approved?
A: The processing time for a temporary producer licensee application can vary. It is recommended to contact the DIFS directly for information on current processing times.

Q: Can a temporary producer licensee perform all the same tasks as a fully licensed producer?
A: No, there may be certain limitations on the tasks and activities that a temporary producer licensee can perform. These restrictions are specified by the DIFS.

Q: What are the requirements for becoming a sponsor of a temporary producer licensee?
A: To become a sponsor, an individual or business must meet certain eligibility requirements set by the DIFS. These requirements may include holding a valid insurance producer license and meeting certain experience or education criteria.

Q: Is there a limit on the number of temporary producer licensees that can be sponsored?
A: There may be a limit on the number of temporary producer licensees that an individual or business can sponsor. The specific limits are determined by the DIFS.

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Form Details:

  • Released on May 1, 2020;
  • The latest edition provided by the Michigan Department of Insurance and Financial Services;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;

Download a fillable version of Form FIS2351 by clicking the link below or browse more documents and templates provided by the Michigan Department of Insurance and Financial Services.

Download Form FIS2351 Request to Sponsor a Temporary Producer Licensee - Michigan

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  • Form FIS2351 Request to Sponsor a Temporary Producer Licensee - Michigan, Page 1
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