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What kind of licenses or permits do I need to start an insurance company?

April 26, 2017Business COMPANY Finance Insurance licenses permits

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What kind of licenses or permits do I need to start an insurance company?

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You need permission of the state insurance department – and you’ll need billions of dollars backing you up, and written policy forms, and actuarially sound rates that are already filed, to get that permission. It’s not cheap, and takes several years to get off the ground.