Becoming an insurance agent is a popular career path for individuals, who are looking for a flexible job with unlimited growth potential. If you are one of those individuals and want to become a licensed insurance agent in New Jersey, you are on the right page.
Being a licensed insurance agent signals that the agent has completed required education and is eligible to sell insurance in the state. Thus, every person would want to work with a professional agent.
To verify an insurance agent in New Jersey, you should use the online lookup search. Once you go through the link, it will give you two empty boxes to fill in. The first one is jurisdiction and you should respectively, choose yours (New Jersey).
The second one is the search type, which includes two options- licensee and company. Select the one you want and start the verification process by clicking on the “search” button. In case you want to clear the entered information or conduct a new search, click on the “reset” button.
The search will furnish you with information on the license status, and the licensee.
To sell insurance in New Jersey, you should complete 20 hours of pre-license education for each line of insurance (40 hours for combined lines). Here you may find the required hours on:
You should make sure that the course is approved and includes three hours in ethics.
Pre-license education is available to take both in classroom and online. Thus, you are to choose which one best suits your busy schedule.
After you complete your New Jersey insurance pre-license course, you will receive a Certificate of Completion, which does not expire.
The next step is to take and pass the New Jersey insurance license exam. Note that you are to take one exam for each line of insurance.
To register for the exam, click here. The examination fee for each attempt is $45.
The test will take place in the presence of a proctor, who is there to watch over you. If you are not used to such atmosphere, you should take a breath and only concentrate on the test.
The time for license application has come once you successfully pass the state exam. You can easily apply for the New Jersey insurance license online.
The license application fee is $190 and it covers the cost for every line of insurance you want to apply for. Nevertheless, if you make any changes in the application later, you will need to pay additional $20.
New Jersey Department of Banking and Insurance
20 West State Street
P.O. Box 327
Trenton, New Jersey 08625
Phone: (609) 292-5316 x 50552
Fax: (609) 984-5263
In the state of New Jersey, insurance licenses expire every two years. Therefore, you should renew your insurance license to keep it active.
New Jersey requires insurance agents to complete 24 credits of continuing education, which will include three hours of approved ethics. If you fail to complete the requirement on continuing education, you will not be able to renew, and therefore use your license.
It is always preferable to complete continuing education before the license is due to expire so that you do not experience delays or issues concerning the use of the insurance license.