Texas Insurance License Requirements

InsuranceLicenseExpress.com

Direct any other questions about licensure to:

Texas Department of Insurance
Licensing Division MC 107-1A
P.O. Box 149104, Austin, TX 78714-9104
Phone: 512.322.3503
Fax: 512.332.4209

Visit the agent page of TDI's Web site at www.tdi.state.tx.us

A licensee holding a Life Agent license may be appointed to sell or solicit any line authorized by Texas Insurance Code §4054.301 including variable contracts.

A licensee holding a General Lines - Property and Casualty license may be appointed to sell or solicit any line authorized by Texas Insurance Code §4051.051

For more information contact: License@tdi.state.tx.us

Issuance of License

An individual or business entity (agency) shall not sell, solicit or negotiate any insurance product until the individual or business entity (agency) received a producer insurance license.

A licensed individual or business entity (agency) may not act as an agent of an insurer unless the producer becomes appointed with that insurer (MCL 500.1208). The applicant must meet all of the qualifications of licensure prior to receiving an insurance license (i.e. pre-licensing education, exam, and background check). During the qualification review, OFIR staff may request additional information. Upon approval, a license will be issued and sent to the mailing address on file.

Texas Candidate Handbook provides additional information regarding the examination procedures.

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.