| License Description |
General Information, terms and Definitions: INSURANCE PRODUCER LICENSE INSTRUCTIONS 1.) All applicants are encouraged to apply electronically through Sircon at www.sircon.com/mississippi or NIPR at www.nipr.com . Electronic licensing provides for a higher degree of accuracy and more efficient processing. 2.) In lieu of filing an electronic application, an applicant may apply by filing the Insurance Producer license application with the Department. This application must be completed in its entirety (all questions answered, application signed and dated, and requested documents included). 3.) Privilege tax payments (license fees): $100.00 (resident and non-resident). Renewal fees are $100.00. Additional fees may be applicable when applying or renewing electronically through SIRCON or NIPR. A producer may reinstate his/her license within 12 months of the expiration without having to retake the examination, by paying the 50% late fee and completing approved continuing education, if required. The reinstatement will result in your license receiving a new issue date when processed by the Mississippi Insurance Department. 4.) Resident applicant's test scores are electronically submitted to the Mississippi Insurance Department. There is no need to submit test scores with the paper application. Examinations must be arranged by contacting Pearson VUE at http://www.pearsonvue.com/ms/insurance/ or by phone at (888) 293-4222. MondayFriday, 7:00 a.m. – 7 p.m. CT, Closed on local holidays. 5.) Resident applicants must complete 20 hours of prelicensing education and pass an examination for each line of authority requested. The following lines of authority are available: Life, Accident & Health, Property, Casualty, Personal Lines, and Variable Life/Variable Annuity. The Variable Life/Variable Annuity line does not require prelicensing education, but does require a series 6 or series 7 FINRA (Financial Industry Regulatory Authority, formerly NASD) certification. 6.) Insurance Producers who hold a life line of authority and want to engage in the selling of fixed annuity products or hold the variable life and variable annuity products line of authority must complete a one-time four (4) credit hour training course approved by the Department prior to engaging in selling of annuity products. Nonresidents who complete training in another state that are substantially similar shall be deemed to satisfy the training requirement. 7.) When a resident applies for a first-time license or renewing/reinstating an existing license, the pre-licensing or continuing education record is submitted electronically by the approved education provider to SIRCON. Licensed producers can view their education transcript at www.sircon.com/mississippi . 8.) New residents who wish to transfer a resident license from another state, must submit a Letter of Clearance from their previous resident state (unless license status can be verified on the national producer database). An applicant for a transfer must submit an application to the Department within 90 days of clearing their resident license from their previous state of residence. 9.) Non-Residents' license status in their home state will be verified through the NAIC producer database. 10.) For more information on the line of authority crosswalk to lines of insurance, please view the chart located on under the "Individuals/Entities: General Licensing Services" section of the Mississippi Insurance Department website. 11.) License renewal notices will be emailed approximately 90 days prior to the license expiration date to the business email address on record. 12.) Any checks rejected by your bank will incur a $30.00 processing fee. 13.) Licenses will expire on a biennial basis on the last day of the birth month of the applicant with a minimum term of 13 months and maximum term of 24 months. As used in this Regulation, the following terms shall be defined as follows: A. Commissioner - Commissioner of Insurance. B. Department - Mississippi Insurance Department. C. Insured - person or business entity who is the policyholder under a real or personal property insurance claim. D. Insurer - any insurance company or self-insured person or entity, including surplus lines companies. First Time License / New License / Reinstatement / Add Line of Authority: A first-time applicant is an applicant for an insurance license that has never held a license before in the state and must meet that state's license requirements. Note: Several states also require those who failed to renew within the renewal period to submit a new license application.
License Renewal: Renewal – Continuation of the license or appointment beyond the original date of expiration. Renewals vary from annually to every four years and most resident individual renewals have a continuing education requirement that must be met prior to the state accepting the license renewal request.
Change Contact Information: Actively licensed individuals may use the contact change request tool to submit requests to update physical address(es), email address(es), and phone numbers. Insurance Producer / Limited Lines Insurance Producer / Limited Lines Credit Insurance Producer Renewal
Upon renewing your Insurance Producer license, a new expiration date will be calculated depending on the licensee's birth month. Licenses will now be issued on a biennial basis with a minimum term of 13 months and a maximum term of 24 months.
It is strongly recommended that you renew your license electronically at www.sircon.com/mississippi or at www.nipr.com. All licensees who submit a clean electronic renewal application should receive their licenses via email within five business days. You may also choose to return your paper renewal application and the license fee to the Department before the expiration date. All licensees who choose to submit a clean paper renewal invoice should receive their licenses via email within five business days, as well.
Non-residents: MID staff will verify home state licensure on the national state producer licensing database (SPLD).
If you did not renew your license during previous renewal cycle, you may submit a new application to reinstate a license within twelve months of the previous expiration date. |