Uniform Application for Individual Surplus Lines Broker License Renewal / Continuation

Uniform Application for Individual Surplus Lines Broker License Renewal / Continuation

Uniform Application for Individual Surplus Lines Broker License Renewal/Continuation is a 3-page legal document that was released by the National Association of Insurance Commissioners on January 1, 2014 and used nation-wide.

FAQ

Q: What is the Uniform Application for Individual Surplus Lines Broker License Renewal/Continuation?
A: It is a form used to renew or continue an individual surplus lines broker license.

Q: Who needs to use this form?
A: Individuals who are surplus lines brokers and need to renew or continue their license.

Q: What is a surplus lines broker?
A: A surplus lines broker is a licensed insurance agent who specializes in placing coverage with insurers that are not licensed in a particular state.

Q: Why do surplus lines brokers need to renew their license?
A: Surplus lines brokers must renew their license to maintain their authority to transact business as a broker.

Q: What information is required on the application?
A: The application will typically ask for personal information, license history, and any additional documentation required by the state.

Q: Is there a fee associated with the renewal or continuation?
A: Yes, there is often a fee that must be paid with the application. The amount may vary by state.

Q: Are there any continuing education requirements for surplus lines brokers?
A: Yes, many states require surplus lines brokers to complete a certain number of continuing education credits to renew their license.

Q: How often do surplus lines brokers need to renew their license?
A: The renewal period varies by state, but it is typically every 1-3 years.

Q: What happens if a surplus lines broker fails to renew their license?
A: If a surplus lines broker fails to renew their license, they may lose their authority to transact business as a broker.

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Form Details:

  • The latest edition currently provided by the National Association of Insurance Commissioners;
  • Ready to use and print;
  • Easy to customize;
  • Compatible with most PDF-viewing applications;

Download a printable version of the form by clicking the link below or browse more legal forms and templates provided by the issuing department.

Download Uniform Application for Individual Surplus Lines Broker License Renewal / Continuation

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