Producer (Business Entity)
Definition
PRODUCER LICENSE – Authority to solicit, negotiate or sell Life, Accident & Health or Sickness, Property & Casualty, Personal Lines insurance, Variable Life/Variable Annuity, Credit and/or Limited Lines Travel coverage.
Applicable Statutes
C.G.S. §38a-702 to 782 – see Laws and Regulations
Fees
Initial: $130.00
Amendment: $130.00
Reinstatement: $130.00
Renewal: $160.00
Late Renewal: $160.00 for a total of $320.00
No pro-rating, non-refundable $50.00 application fee.
Duration
Two (2) years – Renews January 31st every EVEN year.
How to Apply
Apply by going to the National Insurance Producer Registry (NIPR). Under Licensing Center, select “Apply for a New License.”
How to Renew
- Renewal notices are EMAILED about 90 days before the expiration date.
- Apply on the National Insurance Producer Registry (NIPR). Under Licensing Center, select “Renew an Existing License.”
How to Amend Lines of Authority
- Apply on the National Insurance Producer Registry (NIPR). Under Licensing Center, select “Add Line of Authority.”
- Note: If you need to amend the entity's license and are within the renewal window (90 days prior to your license expiration date) you must renew the existing license prior to adding any new line of authority. If you try to add a new line of authority prior to renewing your license, the application will be rejected.
How to Reinstate a License
- To reinstate the license for up to one (1) year after expiration date, you will be required to pay a late fee of $160.00, for a total of $320.00. Apply by going to the National Insurance Producer Registry (NIPR). Under Licensing Center, select “Renew an Existing License.”
- After one (1) year, apply by going to the National Insurance Producer Registry (NIPR). Under Licensing Center, select “Apply for a New License.”
How to change License information (ie.: demographics)
Update your License Information
Print a copy of the license
Initial Education Requirements
Not applicable.
Waivers due to Designations
Not applicable.
Renewal Continuing Education (CE) Requirements
Not applicable.
Cancel License
License Voluntary – Surrender Request
Important Information
In order for a business entity to obtain/maintain a Producer license in Connecticut, there needs to be at least one DRLP actively licensed.
- Submit the individual initial application for the requested designee(s). Apply by going to the National Insurance Producer Registry (NIPR). Under Licensing Center, select “Apply for a New License.”
- Add another DRLP who currently holds an active Producer license in Connecticut. How to add or drop a DRLP
The following functions are available by emailing the Department at cid.licensing@ct.gov.
- Change a business entity name – include the entity's Connecticut license number, FEIN, former name and new name.
- Change a business entity FEIN/Tax-Id – include the entity's Connecticut license number, old FEIN, new FEIN and effective date of change.
Company Appointments – View Licensing General Information
PA-187 Travel – Model Travel: Changes to the Licensing Requirements Applicable to Individuals and Business Entities Marketing Travel Insurance Bulletin L-22.
Effective October 1, 2019 – Officer and Director Changes. (C.G.S. 38a-771): Please be advised that business entities no longer need to report changes of members/officers/directors.