What will my credit be if I paid $700 for a surplus line broker license and I transact solely on behalf of a surplus line broker business entity?
Individuals who previously paid $700 for a surplus line broker license, who will now be paying $500 will see a one-time credit of $200 on their next renewal notice. Please note that the credit will be $100 for some individuals who only paid the one-year fee of $350 and will be $300 for individuals who paid both the one-year fee of $350 and also subsequently paid the $700 two-year fee.
Related Questions
- For a fire and casualty broker-agent that transacts on behalf of a surplus line broker organization, what does the broker-agent have to do to apply for a surplus line broker license?
- What will my credit be if I paid $700 for a surplus line broker license and I transact solely on behalf of a surplus line broker business entity?
- What will my renewal fee be if I am an individual who is transacting on his own behalf that paid $700 for a surplus line broker license?
