What type of licensing is required for insurance agents or underwriters?
Agents are required to have a license to sell insurance, whatever type of insurance you’re selling, issued from your state. You have to pass a test to get the license. Underwriters don’t have any legal requirements, however, you can’t underwrite if you don’t know the business. Because of that, there aren’t many people willing to hire and train from the ground up – years of insurance experience help. SOME underwriters, however, are really wholesale brokers – in which case you still need a license.
