Iowa Insurance License Requirements InsuranceLicenseExpress.com

Application for Licensure

All candidates must satisfy all applicable resident or non-resident requirements to apply for a license.  Please visit the Iowa Insurance Division web site at www.iid.state.ia.us for more information on the procedures and requirements for obtaining a license.

Any candidate who would like to transact insurance business as a resident producer in

Iowa must pass the appropriate examination and apply for a license by the Iowa Division of Insurance.  If the Iowa Division of Insurance approves the application, the candidate will be issued a license.

Residents of Iowa must:

• Be at least 18 years of age prior to sitting for the examination.
• Not have committed any act that is grounds for denial under subrule 10.21.
• Complete and submit a uniform application.
• Pass the appropriate examination.
• Pay the appropriate license fee.

Requirements for Non-Residents

Candidates for non-resident licensing, should visit the Iowa Insurance Division

web site at www.iid.state.ia.us for more information.

Securities License Requirements

Any securities professional associated with a member firm-including partners, officers, directors, branch managers, department supervisors, and salespersons-must register with the Financial Industry Regulatory Authority (FINRA). The registration application requires information about the individual's prior employment and disciplinary history. FINRA prescribes two levels of qualification and registration:

• Registered representatives, generally sales personnel
• Principals, generally officers of the firm and other management personnel involved in the day-to-day operation of the firm's investment banking or securities business

As part of the registration process, securities professionals must pass examinations administered by FINRA to demonstrate competence in the areas in which they will work. These mandatory qualification examinations cover a broad range of subjects on the markets, as well as the securities industry and its regulatory structure, ensuring a minimum level of understanding and expertise. For additional information, you should consult with your broker-dealer management team. You may also visit FINRA's website for detailed information.