What is a MA Insurance License?
A MA Insurance License is a license required to legally sell property and casualty insurance in the state of Massachusetts. It is issued by the Massachusetts Division of Insurance and is valid for two years. The license also allows the holder to work as an insurance agent or broker.
Who Needs a MA Insurance License?
Any person who wishes to sell, solicit, or negotiate insurance in the state of Massachusetts must obtain a MA Insurance License. This includes agents, brokers, and adjusters.
What is the Application Process?
The application process for a MA Insurance License can be completed online. Applicants must submit a completed application, along with a fee and proof of completion of a pre-licensing course. Once the application is approved, the applicant will be issued a license.
What are the Requirements?
In order to obtain a MA Insurance License, applicants must be at least 18 years old and have a valid Social Security Number. Applicants must also pass a background check and complete a pre-licensing course.
How Much Does it Cost?
The cost of a MA Insurance License varies depending on the type of license being obtained. For example, a Life, Accident, and Health license costs $50, while a Property and Casualty license costs $100.
FAQs
Who needs a MA Insurance License?
Anyone who wishes to sell, solicit, or negotiate insurance in the state of Massachusetts must obtain a MA Insurance License. This includes agents, brokers, and adjusters.
What is the application process?
The application process for a MA Insurance License can be completed online. Applicants must submit a completed application, along with a fee and proof of completion of a pre-licensing course.
What are the requirements?
In order to obtain a MA Insurance License, applicants must be at least 18 years old and have a valid Social Security Number. Applicants must also pass a background check and complete a pre-licensing course.
How much does it cost?
The cost of a MA Insurance License varies depending on the type of license being obtained. For example, a Life, Accident, and Health license costs $50, while a Property and Casualty license costs $100.