Business Entity Requirements

Business Entity License 

Requirements for a Business Entity License:

A Business Entity may obtain an insurance producer's license; however, only an individual licensed producer or limited lines producer shall sell, solicit, or negotiate a contract of insurance in this state.

(1)   Application and fees can be submitted electronically at www.NIPR.com. 
(2)   Pay $50.00 Application Fee (plus any retaliatory fees).
(3)   The business entity has designated a principal or officer who also holds a current producer license responsible for the business entity's compliance with the insurance laws, rules, and regulations of this state.

Business Entity Renewals:

Business Entity licenses will expire biennially on March 1. They can be renewed at www.NIPR.com.