How do life insurance licenses transfer over to MetLife Investors or from state to state?
Life insurance licenses do not transfer or affiliate with MLI the way that securities registrations do. Life insurance licenses must be renewed and kept current by the individual licensee. There is no centralized reporting of life insurance license information and there are no mechanisms that would accommodate transfer from firm to firm or state to state. MLI sales personnel that require life insurance licenses must monitor the status of their licenses and keep them active by completing the required continuing education and renewing them prior to the expiration date. These requirements are determined by the individual states and can vary greatly. You may refer to your (resident states insurance department website) for specific requirements. If you will be moving to another state or you have moved to a new state, your resident license cannot simply be transferred. You must request a letter of clearance from your former resident state, ensure your continuing education status is current a
Related Questions
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