Becoming an insurer, or broker, in New Jersey entail a lot. The following guidelines provided by the State of New Jersey. New Jersey, like all other states, has a department of insurance that takes oversight responsibilities of licensing all insurance providers or insurers within the state. Potential insurance brokers must meet educational requirements. As well as go through a variety of background checks to become licensed in the State of New Jersey. The types of insurance policies you want to sell determine the level and type of education and licensing needed for the State of New Jersey.
So What Should I Do
1. Determine what type of insurance provider or insurer you want to be. There are many different types of licenses available for insurance brokers in New Jersey.
2. Sign up for the appropriate insurance license education classes through the State of New Jersey Department of Banking and Insurance. Each type of license has a certain number of educational hours required.
3. Take all appropriate tests for your insurance license as prescribed by the State of New Jersey. Testing dates are available through your particular instructor.
4. Pay all licensing fees associated with applying for your license. Initial insurance licenses are good for two years in the State of New Jersey. The length of renewals varies depending upon the type of insurance provider license you receive.
5. Submit to required criminal background checks
Become an insurer in New Jersey.