New Jersey has a detailed set of license requirements for insurance agents. Applicants for a New Jersey insurance license must generally take an insurance course before becoming a New Jersey insurance agent. They then must take and pass an insurance exam and submit an application to get a license and work as an agent for insurance companies in New Jersey.
Complete New Jersey insurance course for all major lines and limited lines for bail bond only (to become a bail-bond agent). Major lines include life, title, surplus lines, property, health, personal lines and casualty. Access the New Jersey Department of Banking and Insurance “Licensing and Education” page at State.nj.us/dobi/inslic.htm. Now, you need to click on “Approved Insurance Education Providers” to get a document that lists contact information for approved New Jersey insurance schools.
Call the schools individually and decide which one to attend. Complete your insurance education and obtain a course completion certificate for your New Jersey insurance exam.
Download the New Jersey “Insurance Producer and Public Adjuster License Examinations Candidate Information Bulletin” at Candidate.psiexams.com/bulletin/display_bulletin.jsp?ro=yes&actionname=83&bulletinid=346&bulletinurl=.pdf. :PSI Services, the New Jersey insurance test administrator, puts out this bulletin to assist New Jersey insurance license applicants in preparing and registering for the exam.
For starters, scroll down to see if you have to take an exam. Most New Jersey insurance agents do have to take an exam to get a license.
Note: As of 2010, the exam fee is $47.
Once you have decided if you need to take an exam, then you need to study by using the materials from any New Jersey insurance courses that you attended and the content outlines found on the PSI website. You may access the content outlines at Candidate.psiexams.com/catalog/displayagencylicenses.jsp?catalogID=337. Use the outlines as a checklist to make sure you have studied all relevant areas for testing.
Use the registration forms and contact details in the bulletin to register for and take your New Jersey insurance exam. If you do not pass, you will get instructions for retesting. If you do pass, PSI will send that information to the New Jersey Department of Banking and Insurance.
Complete LiveScan fingerprint requirements so New Jersey can conduct a criminal background check. The state reserves the right to refuse a New Jersey insurance license if it feels that you are not morally fit to sell insurance in New Jersey. Use the information on the department’s LiveScan information page at State.nj.us/dobi/insliced/livescan.htm to schedule a fingerprinting appointment. As of 2010, the fee is $70.25.
Fill out and submit a New Jersey insurance license application. You may use the website of the National Insurance Producer Registry at Https://pdb.nipr.com/html/erlWelcome.html to apply to become a New Jersey insurance agent. As of 2010, the fee is $190 for a major-line license and $115 for a limited-lines insurance license.
New Jersey Department of Banking and Insurance Licensing and Education for Insurance Agents