PUERTO RICO Resident License Renewal for Individuals

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State Announcements

There are no announcements for Puerto Rico at this time.

Primary Rules (Individual)

Response Question
Yes Accepts renewals for individuals electronically.
Yes Accepts renewals for major lines of authority.
Yes Accepts renewals for limited lines of authority.
Yes Accepts renewals for surplus lines for individuals.
Yes Applicant can late renew through NIPR's Resident License Renewal (RLR) Application.
No Partial renewals allowed.
Yes License printing available electronically.

License Printing

To print your license, click the state on NIPR's Producer Licensing Map.

Renewal Period (Individual)

License Class

Renewal Period Begins

Renewal Period Ends

Late Renewal Period

All License Classes

Ninety (90) days prior to expiration.

Expiration date.

Up to one (1) month after expiration date.

Business Rules (Individual)

Applicant must be at least eighteen (18) years old as determined from the applicant's date of birth.

There must be no serious RIRS actions or 1033 actions for the applicant. Please contact the state for additional information, if applicable.

Applicant must be in continuing education (CE) compliance prior to submitting renewal application. If CE has been completed, please allow two (2) to three (3) business days for it to post on PDB.

Authorized Person applicants must complete the 'Agency or Business Entity Affiliations' page in the online application.

Authorized Person renewing line of authority of Surplus Lines Broker must also renew Property and Csualty lines of authority under the same license class and list an "Agency or Business Entity Affiliation' that holds a Surplus Lines Broker license in the application.

Consultant applicants are required to submit a $25,000.00 bond to the state. Application will be deferred to the state for verification.

Applicants renewing for Limited life, Viatical Settlements Investment Agent, Authorized Representative, Attorney in Fact, General Agent, Manager, or Reinsurance Intermediary Manager must have an active appointment on the Producer Database.

The following lines of authority must be renewed together under the same license class:

  • Life with Variable Life and Variable Annuity
  • Health Services with Disability
  • Property with Casualty

Applicant must reapply through NIPR's Resident License (RL) Application, thirty (30) days after expiration date or if license has a "voluntary surrender" status reason.

If applicant responds "yes" to one of the background questions please submit supporting documents electronically via NIPR's Attachments Warehouse. The documents may also be submitted to the state via mail, email, or fax.

Please check Announcements for any last minute notifications about the states to which you are applying.

State Offerings (Individual)

License Class

Line of Authority (LOA)

CE Required

Authorized Person
Authorized Representative
Insurance Consultant
Insurance Producer
Solicitor

Casualty
Disability
Health Services
Life
Property

Yes

Authorized Person
Authorized Representative
Insurance Producer
Reinsurance Intermediary Producer

Reinsurance

Yes

Authorized Person
Authorized Representative
Insurance Producer
Solicitor

Title

Yes

Authorized Person
Authorized Representative
Insurance Producer
Solicitor

Fraternal Life
Variable Life and Variable Annuity

No

Authorized Person
Viatical Settlements Broker
Viatical Settlements Investment Agent

Viatical Settlements

No

Authorized Person
Independent Adjuster
Public Adjuster

Automobile & Accidents
Marine, Transportation, Fire and Allied Lines

Yes

Authorized Person

Car Rental
Limited Life
Surplus Lines
Travel

No

Attorney-in-Fact

Attorney-in-Fact

Yes

Emergency Independent Adjuster
Emergency Public Adjuster

Automobile & Accidents
Marine, Transportation, Fire and Allied Lines

No

General Agent

General Agent

No

Limited Life

Limited Life

No

Manager

Manager

No

Provisional Authorized Representative

Casualty
Disability
Fraternal Life
Health Services
Life
Limited Life
Property
Title

No

Reinsurance Intermediary Manager

Reinsurance

No

Surplus Lines Broker

None

No

* Applications for Other lines of authority will defer to state for approval.

 

Renewal Fees (Individual)

Fees shown are state fees only. These fees do not include NIPR transaction fees.

License Class / Lines of Authority (LOA) Combination

Fee *

Late Renewal *

Insurance Producer / All LOAs

$1,050.00

$1,050.00

Authorized Person / All LOAs
Excludes: Travel

$0.00 Fee is paid by affiliation.

$0.00 Fee is paid by affiliation.

Authorized Person / Travel

$630.00

$630.00

Authorized Representative / All LOAs

$314.00

$314.00

Attorney-in-Fact / All LOAs

$210.00

$210.00

General Agent / All LOAs

$2,102.00 for 1-2 appts
$10,514.00 for 3 or more appts

$2,102.00 for 1-2 appts
$10,514.00 for 3 or more appts

Insurance Consultant / All LOAs

$840.00

$840.00

Limited Life/ All LOAs

$630.00

$630.00

Manager / All LOAs

$2,102.00 for 1-2 appts
$10,514.00 for 3 or more appts

$2,102.00 for 1-2 appts
$10,514.00 for 3 or more appts

Reinsurance Intermediary Manager / All LOAs

$2,102.00 for 1-2 appts
$10,514.00 for 3 or more appts

$2,102.00 for 1-2 appts
$10,514.00 for 3 or more appts

Reinsurance Intermediary Producer / All LOAs

$1,050.00

$1,050.00

Solicitor / All LOAs

$104.00

$104.00

Viatical Settlements Broker/ All LOAs

$1,050.00

$1,050.00

Viatical Settlements Investment Agent / All LOAs

$1,050.00

$1,050.00

Limited Travel / All LOAs

$630.00

$630.00

* Per application.   

Contacts

Last Update: 5/17/2019

PUERTO RICO Resident License Renewal for Business Entities

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State Announcements

There are no announcements for Puerto Rico at this time.

Primary Rules (Business Entity)

Response Question
Yes Accepts renewals for business entities electronically.
Yes Accepts renewals for major lines of authority.
Yes Accepts renewals for limited lines of authority.
Yes Accepts renewals for surplus lines for business entities.
Yes Applicant can late renew through NIPR's Resident License Renewal (RLR) Application.
No Partial renewals allowed.
Yes License printing available electronically.

License Printing

To print your license, click the state on NIPR's Producer Licensing Map.

Renewal Period (Business Entity)

License Class

Renewal Period Begins

Renewal Period Ends

Late Renewal Period

All License Classes

Ninety (90) days prior to expiration.

Expiration date.

Up to one (1) month after expiration date.

Business Rules (Business Entity)

Applicant must reapply through NIPR's Resident License (RL) Application, one (1) month after expiration date or if license has a voluntary surrender status reason.

Applicants renewing for Limited life, Viatical Settlements Investment Agent, Authorized Representative, Attorney in Fact, General Agent, Manager, or Reinsurance Intermediary Manager must have an active appointment on the Producer Database.

Applicant must reapply through NIPR's Resident License (RL) Application, one (1) month after expiration date or if license has a "voluntary surrender" status reason.

The following lines of authority must be renewed together under the same license class:

  • Life with Variable Life and Variable Annuity
  • Health Services with Disability
  • Property with Casualty
  • Designated Responsible Licensed Producers (DRLP) provided in the application for any license type must hold an active Authorized Person license in Puerto Rico. At least one (1) DRLP must hold all lines of authority requested in the business entity application. ┬áSurplus Lines Broker, General Agent, and Viatical Settlements Broker licenses are excluded from this rule. At least one (1) DRLP, that holds all lines requested, is required to be listed as a director, officer, partner, or owner.

    If applicant responds "yes" to one of the background questions please submit supporting documents electronically via NIPR's Attachments Warehouse. The documents may also be submitted to the state via mail, email, or fax.

State Offerings (Business Entity)

License Class

Line of Authority (LOA)

DRLP Required

Authorized Representative
Insurance Consultant
Insurance Producer

Casualty
Disability
Health Services
Life
Property

Yes

Authorized Representative
Insurance Producer

Fraternal Life
Reinsurance
Title
Variable Life and Variable Annuity

Yes

Authorized Representative

Car Rental
Travel

Yes

Independent Adjuster
Public Adjuster

Automobile & Accidents
Marine, Transportation, Fire & Allied Lines

Yes

Limited Life

Limited Life

Yes

Reinsurance Intermediary Manager
Reinsurance Intermediary Producer

Reinsurance

Yes

Surplus Lines Broker

None

Yes

Viatical Settlements Broker
Viatical Settlements Investment Agent

Viatical Settlements

Yes

* Applications for Other lines of authority will defer to state for approval.

Renewal Fees (Business Entity)

Fees shown are state fees only. These fees do not include NIPR transaction fees.

License Class / LOA Combination

Fee *

Late Renewal *

Insurance Producer / All LOAs

$2,102.00 if written premium < $1M + $1,050.00 per DRLP > three (3).

$4,206.00 if written premium > $1M + $1,050.00 per DRLP > three (3).

$2,102.00 if written premium < $1M + $1,050.00 per DRLP > three (3).

$4,206.00 if written premium > $1M + $1,050.00 per DRLP > three (3).

Authorized Representative / All LOAs
Excludes: Car Rental, Travel

$630.00 (1-3) DRLPs
$314.00 additional for (3+) DRLPs

$630.00 (1-3) DRLPs
$314.00 additional for (3+) DRLPs

Authorized Representative / Car Rental

$630.00 for the first block of 25 Vehicles
$314 for each additional block of 50 over the 25 block

$630.00 for the first block of 25 Vehicles
$314 for each additional block of 50 over the 25 block

Authorized Representative / Travel

$630.00

$630.00

Independent Adjuster / All LOAs

$420.00 per DRLP

$420.00 per DRLP

Insurance Consultant / All LOAs

$840.00 per DRLP

$840.00 per DRLP

General Agent / General Agent

$2,102.00 for 1-2 appts
3+ appts, additional fees will be collected by the state.

$2,102.00 for 1-2 appts
3+ appts, additional fees will be collected by the state.

Public Adjuster / All LOAs

$420.00 per DRLP

$420.00 per DRLP

Surplus Lines Broker / None

$1,050.00

$1,050.00

Viatical Settlements Broker / None

$2,102.00

$2,102.00

Viatical Settlements Investment Agent / Viatical Settlements Investment Agent

$2,102.00

$2,102.00

* Per application.

Contacts

Last Update: 5/17/2019

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