How to Get a Maryland Insurance License | StateRequirement

obtaining your maryland insurance license is the first step to becoming an insurance agent in maryland. Whether you’re interested in selling property and casualty insurance, life insurance, health insurance, or any combination of those lines of authority, this article has the information you need to get started.

The Maryland Insurance Administration has a 5-step process on how to become an insurance agent in Maryland. we will guide you step by step; from the license application to insurance exam preparation, the maryland insurance exam and more.

Reading: How to become a life insurance agent in maryland

This guide has everything you need to know to get your md insurance license quickly and easily.

how to get your maryland insurance license

Getting your insurance license in Maryland is easy! just follow our step by step guide. Be sure to bookmark this page so you can visit it again during this process.

step 1. what insurance licenses do you need?

The first step in obtaining your insurance license is choosing which licenses you need. The most common licenses new insurance agents obtain are owned & accident license (p&c), life and medical insurance license (l&h).

The types of insurance policies and products you will sell will determine which licenses you need. Here are some examples of the types of policies you can market with each license:

• property and casualty insurance license – auto insurance, home insurance, business insurance, etc…
• life and health insurance license – life insurance, annuities, medicare, health insurance, etc…

Most insurance agents and producers choose to obtain personal injury and personal injury licenses, but if you plan to specialize in only one category, then you don’t need all licenses.

Insurance adjusters require a separate license. More information on becoming an insurance adjuster can be found here: Maryland Insurance Adjuster License

step 2. maryland insurance pre-licensing education

After you’ve determined which licenses you need, you must now take your Maryland insurance pre-licensing education courses.

Most people choose to take their insurance pre-licensing course online. these courses are created specifically to give you the skills you need to pass the exam. the types of licenses you choose (also known as “lines of authority”) will determine which courses you take.

Each line of authority in Maryland requires twenty (20) hours of pre-licensing education. This means that if you want to obtain a property and casualty license, you must take forty (40) hours of pre-licensing, and life, accident and health must also take forty (40) hours.

You will receive a certificate upon completion of the course. keep this certificate, as you will need it when you take your exam.

step 3. maryland insurance license exam

The next step after completing all the pre-licensing courses is to take the insurance exam. you will carry out an exam for each combined line of insurance you wish to take out. property & casualty, and life, accident & health or disease are considered combined lines, so you only have to take two exams, instead of four.

This is a proctored test, which means you will be in a controlled environment with a person watching you. For people who have not tested in a situation like this, they should be aware of this fact and work to control their nerves before taking the test.

the fee for each exam attempt is $60.

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life, accident & The Health Producer exam consists of one hundred and thirty (130) questions. You have one hundred (150) minutes to complete this exam. be sure to read the report of life, accidents & amp; of prometric; summary of the content of the examination of the producer of health or disease.

the property & The Loss Producer exam consists of one hundred and twenty (120) questions. You have one hundred and fifty (150) minutes to complete this exam. make sure to read the property prometric & claims producer exam content outline.

The minimum score to pass both exams is 70% correct answers. if you fail an exam, you must wait a minimum of fourteen (14) days before attempting to retake the exam.

See our insurance exam guide. it’s extremely in-depth and will hopefully help you pass the first time.

The insurance license tests are intentionally difficult, but not impossible by any means. you should study to the point where you are comfortable with the information before attempting the exam. failing the exam is not the end of the world, but keep in mind that you will have to pay the fee every time you try to take the exam.

You can register to take your exams on the Prometric Maryland Insurance website. To learn more about the tests, visit Prometric Maryland’s Insurance Candidate Information Newsletter.

step 4. maryland insurance license application

Once you have completed your exams, you are ready to apply for your license. If you have more than one line of authority for which you have passed the exam, be sure to apply for all of those lines.

the fee for an online application is $54, plus a $5 nipr fee, for a total of $59.

If you want to add another line of authority to your license later, there is no fee, you just need to pre-license and pass the exam.

Fill out your application online at NIPR Maryland’s insurance page.

step 5. application review

Once you have submitted your application and met all other requirements, the state will review your license application. Your background check will also be reviewed.

If everything is within acceptable standards, your license should be issued quickly. If there are items from your background check that need to be reviewed, it can slow down the issuance process. if this is the case, the state may contact you to provide context for the issues they have encountered.

Application review should take three to five (3-5) business days to complete. Once the review is complete, your license will be issued and you will be able to print it from the state-based systems license lookup tool.

congratulations!

You did the work, put in the time and effort, and now you have the key to your own success! we are proud of you. take five (5) minutes and celebrate.

after you get your maryland insurance license

once you have passed your exams and completed your license application, you are now a licensed insurance agent in maryland. A common question we hear is, “I have my insurance license, now what?” here are some things you can do or need to know:

• get a job in the insurance field. check out the staterequirement insurance jobs board.
• If you are going to sell advanced life insurance products, you will need to have the appropriate securities licenses. Series 6, 7, and 63 are the most common among insurance agents, but you’ll need to start with the SIE (Securities Industry Basics) exam. find out which licenses you need with our guide to stock licenses.
• every two years, you will need to renew your insurance license. See our guides on Maryland Insurance License Renewal and Maryland Insurance Continuing Education for more details.

Maryland Insurance Administration contact information

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mailing address:200 saint paul place, suite 2700baltimore, maryland 21202

phone: (410) 468-2347

fax: (410) 468-2399

email: [email protected]

website: http://insurance.maryland.gov/

license search: search and search for maryland insurance licenses

maryland insurance license frequently asked questions

how long is the insurance license period in maryland?

learn how to get an insurance license renewal here: maryland insurance license renewal

how long does it take to get an insurance license in maryland?

2-8 weeks. Most of the time is spent studying for her Maryland insurance exam. some people study for as little as a week and feel comfortable taking the test. We recommend that you take the time you need to get comfortable with the material. see our guide: how to pass the insurance exam

how much does a maryland insurance license cost?

The total cost of your insurance course, application and exam will be around $375. if you don’t pass the exam the first time, add $70 for each subsequent attempt.

how do i get a life insurance license in maryland?

Follow the steps above. The licensing process is the same for all insurance agent and producer licenses.

how do i get a property casualty license in maryland?

Follow the steps above. The licensing process is the same for all insurance agent and producer licenses.

do i need business insurance in maryland?

If you’re operating a business in Maryland, you probably need Maryland business insurance to protect your assets and operate safely.

The information on this page has been compiled from a multitude of sources and was last updated in September 2022.

the information on this site is not guaranteed or guaranteed to be correct, accurate or up-to-date. staterequirement and its members and affiliates are not responsible for any loss, monetary or otherwise. staterequirement is not affiliated with any state, government, or licensing agency. For more information, contact your state insurance authority.

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