Jun 11, 2021
As a valued broker, we strive to provide you with the top-tier support you need. So, we want to remind you of the importance of having applicable state insurance licenses in good order to meet individual state regulatory guidelines and ensure smooth processing of your business.
You can help with the process
Make sure the following requirements are met by all parties in the sales hierarchy (e.g., producer, firm, etc.) when submitting new business and servicing existing policies.
- New applications: All licensing is current for the state the application is written in and the product selected before submitting the application.
- Existing business: To receive new first-year commissions on future policy benefit increases, benefit updates, or adjustments, you must be licensed in the state the client resides in at the time of the policy change.
It’s important that if a client moves to a new state, you obtain appropriate licensing for the new state.
We appreciate your collaboration and the trust you place in us to help provide protection for your valued clients. Contact your Awmins Connect Regional Sales team for assistance.
