| This page provides state-specific checklists, application forms and contacts for paper resident and non-resident licensing in the State of New Jersey. |
| New Jersey offers ALL resident and nonresident new and renewal processes electronically via NIPR. Electronic applications save time and money. The additional “paper” processing fee is not charged for electronic applications. |
|
 |
| Other Requirements |
|
Attach a check * or money order for $190 (Includes application and paper processing fee) for applications including any major line or for $115.00 if it is an application for limited lines only.
* Checks payable to State of New Jersey, General Treasury |
|
New Jersey no longer requires a letter of certification if the producer is on NAIC's Producer Database (PDB). |
|
The Designated Responsible License Producer(s) for the business entity must be individually licensed in New Jersey and individually or in total, possess the lines of authority being requested by the business entity. |
|
Sign application |
|
| Back to Top |
|
 |
| Other Requirements |
|
Attach a check * or money order for $190 (Includes application and paper processing fee) for applications including any major line or $115 if it is an application for limited lines only. * Checks payable to State of New Jersey, General Treasury |
|
If applying for variable authority, please provide CRD number in the appropriate box on the application. |
|
New Jersey does not requires a letter of certification if the producer is on NAIC's Producer Database (PDB). New Jersey will also accept printouts of PDB screens. |
|
Sign application |
|
| Back to Top |
|
 |
| Organizational Documents |
|
|
Prior to seeking licensure as a Resident Business Entity Producer, applicants should first receive name approval from the Department. To receive name approval, submit a letter to the Licensing Unit with the proposed name and two alternate names. The proposed name cannot be in use by another resident entity and comply with applicable regulations.
Requests for name approvals must be submitted prior to application to:
NJ Department of Banking & Insurance
Insurance Licensing Unit
PO Box 327
Trenton, NJ 08625-0327
If approved, the name is reserved with the Department for 90 days. Once name approval has been obtained, the Articles of Incorporation, Articles of Organization (LLC), or Partnership Agreement must be filed with the County Clerk, Secretary of State or other appropriate recording authority. |
|
| Other Requirements |
|
Submit approved and filed Articles of Incorporation, Articles of Organization (LLC), and Partnership Agreements. |
|
The Designated Responsible License Producer(s) for the business entity must be individually licensed in New Jersey and individually or in total, possess the lines of authority being requested by the business entity. |
|
Each officer,
director, partner or owner of 10% or more of the business
entity and each designated responsible licensed producer
must complete the Live Scan Electronic Fingerprinting
process and provide the PCN number provided at the
processing center. Please see our website at
www.njdobi.org for more information on Live Scan. |
|
Attach a check * or money order for $190 (Includes application and paper processing fee) for applications including any major line or for $115 if it is an application for limited lines only.
* Checks payable to State of New Jersey, General Treasury |
|
| Back to Top |
|
 |
| Other Requirements |
|
Resident applicants for major lines of insurance and bail bond authority must fulfill prelicensing education requirements and pass a licensing examination for the particular line(s) of authority requested. Applicants must include the exam results verifying a passing score. Examinations are administered by the independent testing service, Pearson VUE contracted by the Department. Registration and examination information can be found at www.pearsonvue.com |
|
Please see the Department’s website at www.njdobi.org for information on instances when prelicensing education may be waived. Testing is only waived if you are changing resident states and were previously licensed in your home state within 90 days of application. Fingerprinting is still required. |
|
All applicants for major lines and bail bond authority must complete the Live Scan Electronic Fingerprinting process and provide the PCN number provided at the processing center. Please see our website at www.njdobi.org for more information on Live Scan. |
|
Attach a check * or money order for $190 (Includes application and paper processing fee) for applications including any major line or for $115 if it is an application for limited lines only.
* Checks payable to State of New Jersey, General Treasury |
|
| Back to Top |
DISCLAIMER
The National Insurance Producer Registry ("NIPR") populates the State Matrix of Business Rules ("State Matrix") with information provided directly from participating state insurance departments. Participating states are encouraged to provide updated information when appropriate. NIPR does not guarantee the completeness, accuracy or adequacy of the information in the State Matrix. The information in the State Matrix does not constitute legal advice and use of this information is at user's own risk and responsibility. Any questions regarding the interpretation of the rules or the accuracy of the information should be directed to the appropriate state insurance department.
|
|
|
Uniform Application for Business Entities
[PDF] [Word] |
Uniform Application for Individuals
[PDF] [Word] |
|
 |
|
 |
|
 |
|
| |
|
