Applicant must be at least eighteen (18) years old or older as determined from the applicant's date of birth.
As required by Virginia Code, a Viatical Settlement Broker shall within 60 days of licensure and annually thereafter by March 1 of each year certify to the Commission implementation of anti-fraud initiatives reasonably calculated to detect, prosecute, and prevent fraudulent viatical settlement acts. You may find a copy of Virginia Code § 38.2-6011 E at: http://leg1.state.va.us/cgi-bin/legp504.exe?000+cod+38.2-6011.
Visit www.scc.virginia.gov/boi/pro/formapp.aspx to download and properly complete the Annual Certification of Anti-Fraud Initiatives Form. Email completed certifications and any questions concerning your compliance status to VSBAnti-FraudPlan@scc.virginia.gov.
Applicant's name, birth date, license number, state of residence, Tax ID, and National Producer Number (NPN) must match current Producer Database (PDB) record for resident state.
Florida and Pennsylvania residents that are applying for title in Virginia will need to pass the Virginia Title License Examination. Virginia statutes do not require nonresident applicants to take Virginia's pre-licensing study course prior to taking the Title exam.
Applicant's resident/mailing address must not be in Virginia jurisdiction.
Phone and fax numbers provided cannot begin with one (1).
If one (1) or more lines of authority (LOAs) in the transaction are declined by the gateway then the entire transaction should be declined and not sent to the state.
An affiliation is not required and the applicant may skip the "Affiliations" page on the uniform application.
Applicants for the variable line of authority (LOA) must supply a FINRA Central Registry Depository (CRD) number on the application. If you need to verify your CRD number you may use the Broker Search feature found on FINRA's website.
Applicant applying for or already holding insurance producer property and casualty in Virginia may not also apply for insurance producer personal lines.
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 allow a minimum of fifteen (15) business days for processing before contacting the Bureau concerning the status of an application. To search for Virginia license numbers please visit the state website.
Please note: An application is considered unapproved and closed after thirty (30) calendar days if the applicant does not provide all required documentation. A new application and non-refundable processing fee is required.