Posted by Insurance 215 license is a state-issued credential that permits the sale of life insurance, health insurance, and variable annuity products. It is sometimes referred to as the Life, Health, and Variable Annuity license.
In the United States, state laws govern this license, so those who wish to conduct insurance business in any state must apply for and receive separate licenses from each state.
What is an Insurance 215 License?
Getting a 215 license requires finishing a pre-licensing education course, passing an exam given by the state, and going through a background check. To keep the licenses valid, individuals might also need to complete continuing education requirements.
With this license, one may represent insurers in matters involving health insurance, life insurance, and annuity contracts (both fixed and variable).
What Types of Insurance Can Be Sold with an Insurance 215 License?
The types of insurance that can be sold with this license are as follows:
- Life insurance (whole, term, adjustable).
- Group life coverage.
- Fixed annuities.
- Pre-need funeral expenses.
- Retirement planning.
- Major medical/PPACA (Obamacare).
- Medicare/supplement.
- Variable annuities.
- Disability insurance.
- Long-term care insurance.
- AD&D coverage.
- Short-term health plans.
- Critical illness coverage.
As well as dental and vision insurance.
What are the Requirements to Obtain the Insurance 215 License?
You must be:
- A natural person of at least 18 years.
- A resident of the state of Florida.
- Be a legal alien or a resident of the state of Florida.
- Fingerprinted at one of the department’s fingerprint sites.
As well as complete an online license application and submit appropriate fees.
What are the Benefits of an Insurance 215 License?
The benefits include:
- Versatility: You can represent an insurer in several situations involving life insurance, annuity contracts, and health insurance.
- Professional credibility: Possessing it attests to your proficiency. Employers and clients alike view this credential as a testament to your professionalism and skill.
- Career advancement: Having the license will improve your chances of getting a job in the insurance sector. It can be a stepping stone if you want to work as a manager, an independent agent, or for an agency.
- Access to markets: You can assist clients looking for health, life, and annuity coverage by having access to the insurance markets as a licensed agent. By doing this, you can develop a clientele and enduring connections.
With this knowledge, you can advise clients with confidence.
How do you get an Insurance 215 License?
The following are the requirements to get this license:
- Complete a 60-hour approved insurance course for life, health and variable annuity insurance.
- Apply for your license after creating a profile with the Department of Financial Services.
- If you submit the necessary prerequisites, the department will send you proof of completion.
- You must be fingerprinted. However, if you currently hold any other Florida insurance licenses and have had your fingerprints taken within the last 48 months, you are not required to have them taken again unless the Department of Financial Services specifically requests them.
- Take the state licensing exam. Visit the Pearson Vue website to register for the state exam.
After submitting your application to the Florida Division of Insurance Agent & Agency Services, all you need to do is wait to hear from the state regarding the issuance of your license after completing all other prerequisites.
Frequently Asked Questions
Here are some frequently asked questions.
What is a 215 Insurance License?
An Insurance 215 License, also referred to as the Life, Health, and Variable Annuities license permits individuals to sell life insurance, health insurance, and variable annuities products in a particular state.
Who needs an Insurance 215 License?
This license is normally required for those who wish to sell variable annuity products, health insurance, and life insurance in a state.
How Long Does It Take to Get a 215 License?
The amount of time varies based on things like finishing the required coursework, scheduling and passing the exam, and how long it takes to process the license application. Usually, obtaining the license takes a few weeks to a few months.
Do I Need to be Sponsored by an Insurance Company to Obtain the License?
In certain states, obtaining a license necessitates being sponsored by an insurance company or agency. Check your state’s specific requirements.
Conclusion
Getting this license is essential for those looking to work in the insurance sales field.