Pennsylvania Insurance License Requirements

InsuranceLicenseExpress.com

Office of Market Regulation
Bureau of Licensing & Enforcement
Licensing Services Division
1209 Strawberry Square
Harrisburg, Pennsylvania 17120
Phone: 717.787.3840
Fax: 717.787.8553
www.insurance.pa.gov

Resident Insurance Producer Requirements

In order to qualify as a Pennsylvania resident insurance producer, you must:

• Be at least 18 years of age;
• Maintain a business or legal address in the Commonwealth of Pennsylvania;
• Possess the requisite professional competence, general fitness and integrity of character;
• Be able to read and write English, with or without visual or mechanical aids for the visually handicapped; and
• Pass the appropriate examination(s) required by statute 40 P.S. 310.5.

Prelicensing Education

Resident insurance producers are required to complete 24 hours of pre-licensing education courses including a minimum of 3 hours of ethics. The primary purpose of pre-licensing education is to provide an overview of the insurance marketplace.

Once you have completed your prelicensing education credits, you will be issued a certificate of completion. You must bring this certificate with you to the testing center or you will not be allowed to test.

Pennsylvania Candidate Handbook provides additional information regarding the examination procedures.

Examination

• Register for the examination by contacting Prometric at www.prometric.com or 1-800-715-2418.
• When registering for an initial insurance examination, you must select the option to pay the fingerprinting service fee ($20). You must pay this fee to Prometric before you can be fingerprinted. Please note that there will be a separate $39 fingerprinting processing fee to be paid upon passing the exam and applying for initial licensure. Fingerprinting can be done in any of the Prometric testing centers in PA only.
• Registration for the exam can be done prior to completing the 24 hours of pre-licensing education credits; however, the credits MUST be completed before you can sit for the exam.
• Once your examination has been scheduled, you must bring a copy of your pre-licensing education certificate of completion and a valid form of identification with you to the testing center. Examples of acceptable identification would be a government-issued document such as a driver's license, state-issued identification card or military identification. The document must have a current photo and your signature and the name on the identification must be the same as the name used to register for the examination. It is also strongly recommended that you bring a credit card with you (Visa, MasterCard or American Express) since you will be able to apply for your license at the testing center through Sircon once you pass your exam.

Fees

• Resident insurance producer application fee = $55
• Fingerprinting processing fee = $39 ($24 for the FBI and $15 for the PA State Police )
• Live Scan fingerprinting service fee (charged by Prometric) = $20
• Sircon application service fees (if applying electronically) = approximately $12.50

Fingerprinting Information

In conjunction with filing your initial application for licensure as an insurance producer, you must submit fingerprints via Live Scan at any of the Pennsylvania Prometric test center locations. Fingerprint samples are required in order to comply with the statutory requirements. The Insurance Department uses this information to receive national criminal history background information from the Federal Bureau of Investigation (FBI).

Test Center Locations - During the electronic application process at the test center, you will also pay the fingerprinting fee ($39) which will enable you to submit your fingerprints before leaving the exam testing center. You must provide a copy of your passing producer exam score and confirmation of payment of all fees in order to be fingerprinted.

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.