Colorado Insurance License Requirements
An applicant for a Colorado Resident Insurance Producer must meet the following requirements:
- Must be a resident of the state of Colorado.
- Must be at least 18 years of age.
- Must be trustworthy, competent, financially responsible, and of good personal and business reputation.
- Mandatory disclosure and a written explanation of all insurance licenses that have been previously revoked, denied, or suspended
- Prelicensing training for applicants for Life, Accident and Health, Property, Casualty or Personal Lines is required. As a condition of initial licensure and to be eligible to take the required examination, you must satisfy prelicensing training requirements prior to taking the licensing examination(s). Contact Pearson VUE at the number below for further information.
- You must pass examination(s) administered by Pearson VUE (unless exempt). Candidates previously licensed in another state within the past three (3) months of the expiration date of their previous license are exempt from examination, with a letter of clearance. The letter of clearance must show the license termination date within 3 months of application and must be submitted to Pearson VUE Processing after completing the online application.
- Proof of legal residency in the United States. Effective January 1, 2007, HB 06S-1009 requires that the Division of Insurance will only issue or renew a producer insurance license if the individual is lawfully present in the United States. The law requires individuals to prove his or her identity with a secure and verifiable document. More information about a secure and verifiable document in available through the Colorado Division of Insurance or from Pearson VUE.
Resident New License
The Colorado Division of Insurance has switched to an all-electronic process for new licensing applications effective January 1, 2007. New resident applicants must complete the following:
a. Pre-licensing Training
All individuals applying for Life, Accident & Health, Property, Casualty, and Personal Lines must complete pre-licensing training. Candidates must provide evidence of successful completion of pre-licensing training at the time of examination. The examination must be passed within one year of pre-licensing training completion. After one year, the pre-licensing training is no longer valid.
b. Examination
All individuals applying for a Life, Accident & Health, Property, Casualty, Personal Lines, Surplus Lines, Title, Credit, Crop Hail, or Public Adjuster license must pass a state licensing exam. Pre-licensing course completion requirements must be satisfied prior to passing the Pearson VUE examination for the exam scores to be valid. Passing scores are valid for one year from the examination date. The license application must be received by Pearson VUE within one year of passing the examination.
c. Clearance Letter Qualification
Any applicant who has previously held a resident insurance license in another state and is moving to Colorado must submit an application within 90 days from the termination date of the previously held license to qualify for an exemption from prelicensing and examination requirements. An original signed and/or sealed letter of clearance issued by the resident state insurance department from which he or she was previously licensed must be submitted to Pearson VUE. If the original was already submitted with a prior Colorado application, provide a photocopy to Pearson VUE. Should the previous resident state refuse to issue a letter of clearance, Pearson VUE will conduct a review of the Producer Data Base (PDB) to verify licensure status. Should your license status reflect active resident in your previous state your application will be delayed pending the update of the PDB by the state showing your license has been terminated or has been switched to non-resident status.
d. Electronic Application
To submit a licensing application, go to www.sircon.com/colorado.
You will be notified by mail of any outstanding requirements.
For more information on Licensing Fees, please check the fee schedule on the Colorado Division of Insurance website or the Pearson Vue candidate handbook.
Colorado Division of Insurance
http://www.dora.state.co.us/insurance/
Pearson Vue
http://www.asisvcs.com/indhome_fs.asp?CPCAT=1206INS
