| Updated: |
1/25/2008 |
| Description: |
Insurance Consultants sell insurance advice or, for a fee, render an opinion regarding insurance.
Similar Keywords: life, health, property, casualty, P&E, consulting, title, auto, homeowners, workers compensation, medical malpractice, fire, longterm care, accident, general lines, surplus, dental, property and casualty, liquor liability |
| Statutes, Rules, Ordinances: |
ORS 744
OAR 836-071
|
| Duration: |
2 Years |
| Fees - application, exam, etc.: |
Initial: $30, plus $45 license fee.
Renewal: $45 if postmarked by the license expiration date. After the license expiration date, an additional $45 penalty is due. |
| Responsible Agency: |
Insurance Division - Licenses |
| Examination Information: |
- Exam Time: By appointment only.
- Exam Locationss: Eugene, Portland, Mount Lake Terrace, WA, Puyallup, WA, and Boise, ID.
- Exam Passage Rate: 70 percent or higher.
- Exam Repeat: No restrictions.
- Exam Cost: $55 for General Lines, $55 for Life and Health.
|
| Bonding Requirements: |
None |
| Insurance Requirements: |
Have errors and omissions insurance with limits not less than $500,000 |
| Prerequisites: |
1. Have a residence or place of doing business in Oregon.
2. Must disclose any criminal convictions.
3. Have five years insurance experience or equivalent educational qualifications.
4. Pass a written examination.
5. Have errors and omissions insurance with limits not less than $500,000 covering consultant activities.
6. Complete Form 440-3000.
7. Provide fingerprints. |
| Application Form: |
Individual Insurance License Application Form 440-3000. |
| Renewals: |
Required Documentation
Signed renewal notice or signed statement acknowledging insurance consultant has had no conviction of a misdemeanor or felony in the last two years. If so, they must provide details with the renewal request.
Effective January 1, 2008 - A license issued to an individual insurance producer expires biennially in the month of the individual's birthday. |
| Service Links: |
 How to print your license
 Insurance Agent Main Search Page
 Application
Address Change Form
Agency Contact Information
|
| Additional Information: |
Effective July 1, 2007 - The Oregon Insurance Division will no longer issue printed initial, renewal, or replacement licenses. All license information for active licensees will be available on our website. To view your license status or to print a copy, please use one of the search pages.
How to print your license |
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Agency Information
|
|
Please refer to the Agency Website for further details and additional information.
|
| Agency Name: |
Insurance Division - Licenses |
| E-mail Address: |
dcbs.insmail@state.or.us
|
| Phone: |
503-947-7980
|
| Mail Address: |
DCBS - Insurance Division
350 Winter St NE
Salem, OR 97301
- 3883
|
| Website Information: |
http://oregoninsurance.org/ |
