This page provides state-specific checklists, application forms and contacts for paper resident and non-resident licensing in the State of Colorado.
The Colorado Division of Insurance has proposed an increase of $19.00 in biennial producer license fees for most licenses as of July 1, 2009. Please review the enclosed fee schedule for the changes.
A hearing has been scheduled on March 4, 2009 on the Regulation promulgating the fees. Please feel free to attend the hearing or provide comments on it prior to the hearing. Information on the hearing may be found at : http://www.dora.state.co.us/insurance/regs/noh.htm
Please review the enclosed information sheet and note as follows:
- A fees are biennial therefore the increase is $9.50 a year
- Producer licensing fees have not changed significantly for ten years
- Producer licensing fees are comparable to fees charged by other states. Please see enclosed information sheet showing the comparisons.
Fact Sheet
The Division of Insurance thanks you for your cooperation. |
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Effective for producers with an expiration date on or after September 30, 2008, who wish to renew their license, a complete renewal must be received by Pearson Vue no later than the expiration date of your license. This includes the online renewal and fee, and any/all required documents. Failure to do so may result in license suspension, denial, or an imposed fine from the Colorado Division of Insurance. |
| Organizational Documents |
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Present letter of request to add a trade name to the license |
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| Other Requirements |
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Attach a check for $93.00 per line of authority for new license
* Checks payable to PEARSON VUE / CO Division of Insurance |
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In reference to question 23 on the business application, Colorado Revised Statute 10-2-404(2)(d) requires that an agency designate a licensed officer, partner or director responsible for the agency's compliance. |
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Include Letter of Certification (within 90 days of issuance) If your state
does not participate in the Producer Database ** Letter of Certification is
not required if your resident state participates in the Producer Database |
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VARIABLE ANNUITIES AND VARIABLE PRODUCTS
In addition to holding the Life authority, those applicants applying for the Variable life and variable annuity products line of authority must attach the following to their application: |
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1) Proof they have passed the series 6, 63, or 7 exam through the NASD |
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2) Proof they are registered with
the
FINRA/NASD or the United States Securities Commission
through a Broker Dealer * see note below |
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3) Letter of Certification from resident state showing the Variable line of authority |
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The fee for the Variable life and variable annuity products line of authority is $93.00 Should the producer add the Variable authority to an already existing authority of Life at a later date the fee will be $93.00
Note *Producers applying for the Variable line of authority that
are not registered with a Broker/Dealer at the time of
renewal will not be issued the variable line of authority. Those producers renewing an existing license with out being
registered with a Broker/Dealer will be set for a hearing to
have the Variable authority removed from their license. |
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SURPLUS LINES
Those producers applying for a Non-Resident Surplus Lines authority MUST: |
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1) Attach a letter of certification from resident state showing the Surplus Lines Authority |
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The fee for the Non-Resident Surplus Lines Authority is $409.00. This line of authority is not considered to be a continued line of authority and must be reapplied for every two years during the original issue month of the agency after the initial issue date of the license.
Applicants will apply for this license using the Non-Resident Uniform application and writing in the authority under OTHER. |
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Sign Application |
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Effective for producers with an expiration date on or after September 30, 2008, who wish to renew their license, a complete renewal must be received by Pearson Vue no later than the expiration date of your license. This includes the online renewal and fee, and any/all required documents. Failure to do so may result in license suspension, denial, or an imposed fine from the Colorado Division of Insurance. |
| Other Requirements |
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Attach a check for $93.00 per line of authority
* Checks payable to
PEARSON VUE / CO Division of Insurance |
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Include Letter of Certification (within 90 days of issuance) if your state does not participate in the Producer Database.** Letter of Certification is not required if your resident state participates in the Producer Database. |
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Submit CRD copy or pass scores for NASD Exam/Status if applying for a life and variable license |
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VARIABLE ANNUITIES AND VARIABLE PRODUCTS
In addition to holding the Life authority, those applicants applying for the Variable life and variable annuity products line of authority must attach the following to their application: |
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1) Proof they have passed the series 6, 63, or 7 exam through the NASD |
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2) Proof they are
registered with
the
FINRA/NASD
or the United States Securities Commission through a Broker
Dealer * see note below |
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3) For those producers whose resident state does not issue the variable authority, but allows the producer to sell variable products in conjunction with their life license/authority, a letter from the resident state is required stating this. |
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The fee for the Variable life and variable annuity products line of authority is $93.00. Should the producer add the Variable authority to an already existing authority of Life at a later date the fee will be $93.00
Note
*Producers applying for the Variable line of authority
that are not registered with a Broker/Dealer at the time of
renewal will not be issued the variable line of authority. Those producers renewing an existing license with out being
registered with a Broker/Dealer will be set for a hearing to
have the Variable authority removed from their license. |
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SURPLUS LINES
Those producers applying for a Non-Resident Surplus Lines authority MUST: |
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1) Attach a letter of certification from resident state showing the Surplus Lines Authority |
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The fee for the Non-Resident Surplus Lines Authority is $409.00. This line of authority is not considered to be a continued line of authority and must be reapplied for every two years during the birth month of the producer after the initial issue date of the license.
Applicants will apply for this license using the Non-Resident Uniform application and writing in the authority under OTHER. |
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Check agreement and submit application - Please be advised
that all fees are non-refundable – this applies to all
application submitted. |
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Beginning June 1, 2008, the Colorado Division of Insurance will no longer print paper licenses for regulated entities (producers and agents), but will utilize a new paperless licensing method.
This change affects all licenses issued by the Division of Insurance, except Bail Bond Licenses, which will continue to be provided on paper.
For the full bulletin please access http://www.dora.state.co.us/insurance/producer/InformationForProducers.htm
Also effective January 1, 2007, all producers must comply with United States legal status requirements. Producers who submit a resident renewal online after December 31, 2006 must complete the legal status requirements. Nonresident producers must be able to provide documentation of compliance as requested. See Colorado Bulletin No 04-06 at www.dora.state.co.us.
New License and Reinstatement Information
Effective January 1, 2007, producers will be required to apply for a new license or reinstatement through online services at www.sircon.com/colorado. Nonresident applicants may also apply through the National Insurance Producer Registry at www.nipr.com. All paper applications will be returned unprocessed.
If you are applying for an authority that requires an examination, you must wait 2 days after passing your examination before applying online. Additional required licensing documents, such as certification of pre-license training, screening question documentation, and other required items can be faxed or mailed to Pearson Vue . If you are required to pass a Pearson Vue examination and/or complete pre-licensing certification, verification must be received prior to license issuance. If your application does not require any additional information to be submitted and there are no issues that would prevent your license from being issued, your license will processed and mailed within 3 to 5 business days.
TITLE & ATTORNEY TITLE PRODUCERS
Effective July 1, 2006, All Title Producers {Individuals and Agencies} will be required to disclose the names of all affiliated business arrangements to which the employing broker is a party at the time of initial application, continuation application, or any changes that would effect: affiliations, producer registrations, name changes, address changes, officer changes, or restructuring of the business entity.
All Title producers submitting new and renew applications must complete the Affiliated Business form located at this site https://www.dora.state.co.us/pls/real/AFB_Web.Logon?p_div=INS
This form MUST be completed within 30 days of your license being issued or renewed. |
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Uniform Application for Business Entities
[PDF] [Word] |
Uniform Application for Individuals
[PDF] [Word] |
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| Colorado does not accept the Uniform Licensing Application for resident business entities or individuals. |
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| Colorado Web Site |
Mailing Address::
Pearson Vue/
CO Division of Insurance
3131 South Vaughn Way
Suite 205
Aurora, CO 80014
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Non-Resident Contacts
Business and Individual
Pearson Vue
800-275-8247
www.asisvcs.com
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