how to become an insurance broker in ohio
The state of Ohio issues several types of licenses for insurance brokers. Ohio imposes separate requirements for each specialized license. Applicants for an Ohio insurance license need to determine and complete the educational and testing requirements for each line of license. The state also requires a criminal background check before granting a license to an insurance agent. Applicants who complete all requirements can contract with insurance companies to sell insurance products to Ohio residents.
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Instructions
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Complete insurance educational requirements. Applicants seeking to become an Ohio insurance broker in any of the following lines must complete an approved 20-hour insurance course: life/variable products, accident and health, property, casualty, personal lines and surety bail bonds. Ohio title agents do not have to complete a course. Use Ohio's list of approved classroom course providers to contact and select a provider. Alternatively, you may select from a list of self-study programs.
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Use the study materials from your course and the Pearson VUE content outlines to prepare for your exam. Pearson VUE creates and administers the Ohio insurance exams. Each examination content outline provides the topics for that particular exam. Use the outline and your course materials together to ensure that you have studied all relevant portions of the exam.
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Schedule your insurance exam. Pearson VUE provides the list of required examinations in the "Insurance Licensing Candidate Handbook." As of 2010, the fee is $53 per exam. You may schedule online and pay by credit card, debit card or electronic check. You may also schedule by phone or fax. Use the "Fax Reservation Form" in the handbook if scheduling by fax. Use the "Voucher Request Form" to pay by money order, cashier's check or company check, payable to Pearson VUE. Use the following contact information to schedule or send in your voucher request:
Pearson VUE
c/o AP Voucher Program
P.O. Box 41508
Philadelphia, PA 19101-1508
Phone: 800-275-8361
Fax: 888-204-6291
pearsonvue.com -
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Take the exam. Submit fingerprints at the testing location if you pass your exam. You will receive instructions from Pearson VUE on how to schedule a retake examination if you do not pass. You must pass within 180 days of course completion to avoid having to retake the required course. As of 2010, Pearson VUE charges $42 for the fingerprint processing fee, payable by only a credit or debit card.
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Fill out the Ohio insurance license application. You may access and fill out the "Uniform Application for Individual Producer License/Registration" form at the National Insurance Producer Registry website (see Resources). As of 2010, the fee is $10 per line of license (including title insurance), payable only by Visa, MasterCard or AmericanExpress. You may also use a paper application and pay by check to Ohio Treasurer Richard Cordray (see Resources). Title-insurance applicants must fill out a separate application (see Resources). Surety bail-bond applicants must also fill out a separate application and pay $150 instead of the usual $10, as of 2010 (see Resources). Regardless of which application you use, send all paper applications and fees to the following address:
Ohio Department of Insurance
License Division
50 W. Town St.
3rd Floor, Suite 300
Columbus, OH 43215
614-644-2665
insurance.ohio.gov
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Tips & Warnings
Pearson VUE offers practice tests in the lines of health insurance, property and casualty, and accident and health (see Resources). As of 2010, the fee is $19.95 per practice exam, payable online by credit or debit card.
References
- Ohio Department of Insurance: Approved Pre-License Provider List--Classroom
- Ohio Department of Insurance: Approved Pre-License Provider List--Self Study
- Pearson VUE: Examination Content Outlines
- Pearson VUE: Insurance Licensing Candidate Handbook
- Pearson VUE and CATGlobal: Create a New Test Taker Account
