A Life Accident & Health agent or broker is licensed to sell, solicit or negotiate life insurance annuities and/or accident & health insurance
Life insurance is insurance that provides protection against the death of an individual in the form of a payment to a beneficiary.
An annuity is an agreement that the insurance company will pay an income benefit, in specified periodic payments for the life of the insured, or for a specified period.
Accident and health insurance is insurance covering accidental death or personal injury by accident, sickness, ailment or bodily injury.
A life agent or life broker may also be licensed to sell variable life and/or variable annuity products. The Agent or Broker must hold the life line of authority and must be registered with the Financial Industry Regulatory Authority (FINRA) and must furnish the FINRA CRD number.
To qualify for a license, the licensing candidate must meet the following prelicensing requirements:
Complete a Department approved prelicensing education course totaling not less than 40 hours of instruction for the life, accident & health authority or not less than 20 hours for either life only or accident & health only authority. Visit the Prelicensing Provider/Course List on the portal for provider contact information.
Pass, within 2 years of applying for the license, licensing exam administered by PSI Services. Visit the Exam Vendor Information page for registration and scheduling instructions.
A candidate applying for variable life/variable annuities authority must provide proof of having passed FINRA series 6, 7 or 63.