COLORADO Resident Licensing for Individuals

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State Announcements

There are no announcements for Colorado at this time.

Primary Rules (Individual)

Response Question
Yes Accepts initial license for individuals electronically.
Yes Accepts major lines of authority.
Yes Accepts limited lines of authority.
Yes Accepts surplus lines for individuals.
Yes Applicant can add lines of authority (amend) to an existing active license.
Yes Applicant can reinstate/reapply through NIPR's Resident License  Application.
Yes License printing available electronically.

License Printing

To print your license, click the state on NIPR's Producer Licensing Map. Colorado no longer mails paper licenses.

Business Rules (Individual)

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

Applicant must not hold an active resident license in another state or an active non-resident license in Colorado.

Applicant must not have any serious RIRS actions or 1033 actions. Please contact the state if applicable.

All amendment applications will be deferred to the state for review.

Professional Cash Bail Agent line of authority applicants must already actively hold the Resident Producer- Casualty line of authority.

Resident Producer life is required when Resident Producer variable life and variable annuity product is selected.

Resident Public Adjuster must submit a fiduciary bond for an amount no less than $20,000. The original bond must be mailed to or delivered to the state.

Surplus Lines applicants must hold an active property and casualty line of authority (LOA) or apply for property and casualty LOA simultaneously in order to be eligible for surplus lines.

Variable Annuities applicants who have not provided their CRD# on the application must mail or fax proof of FINRA registration. For applicants who have provided their CRD#, Pearson VUE will verify current registration on the FINRA website. If Pearson VUE is unable to verify this information, the applicant will be notified by mail.

Title applicant, including attorney title and title agency, must complete the Affiliated Business Arrangement Disclosure Form immediately after initial licensure or renewal of a title license. The form can be found on Colorado's state website. Failure to submit the form is cause for license suspension, revocation, and or a fine.

Applicants applying for either Variable Life and Variable Annuity Products or Surplus Lines must already hold, or apply for in conjunction with their application, the required prerequisite authority(ies).

Colorado law allows an insurance producer exemption from pre-licensing education and testing if reinstatement of their license occurs within one year of the license termination/expiration date.  Beyond that one (1) year period, the individual must apply for a new Colorado resident license, which includes a new prelicensing education course and passing the Colorado exam.

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 (Individual)

Please note that license class names can vary by state.

License Class Line of Authority (LOA)
Resident Producer Accident & Health
Resident Producer Life
Resident Producer Property
Resident Producer Casualty
Resident Producer Var Life & Var Annuity Product
Resident Producer Personal Lines
Resident Producer Credit
Resident Producer Crop Hail
Resident Producer Travel Insurance
Resident Producer Title
Resident Producer Attorney Title
Resident Producer Surplus Lines
Resident Producer Portable Electronics Vendor
Resident Bail Registration Professional Cash Bail Agent
Resident Public Adjuster Public Adjuster

License Fees (Individual)

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

License Class / LOA Combination Fee * Amendment Fee *
Resident Producer / All LOAs except Surplus Lines $57.00 $57.00
Resident Producer / Surplus Lines $233.00 $233.00
Resident Bail Registration/ Professional Cash Bail Agent $212.00 $212.00
Resident Public Adjuster/ Public Adjuster $57.00 $57.00

* Per Line of Authority.

Amendments and Reinstatement fees will be the same fee as an initial license fee per LOA.

Contacts

Last Update: 10/18/2017

COLORADO Resident Licensing for Business Entities

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State Announcements

There are no announcements for Colorado at this time.

Primary Rules (Business Entity)

Response Question
Yes Accepts initial license for business entities electronically.
Yes Accepts major lines of authority.
Yes Accepts limited lines of authority.
Yes Accepts surplus lines for business entities.
Yes Applicant can add lines of authority (amend) to an existing active license.
Yes Applicant can reinstate/reapply through NIPR's Resident License  Application.
Yes License printing available electronically.

License Printing

To print your license, click the state on NIPR's Producer Licensing Map. Colorado no longer mails paper licenses.

Business Rules (Business Entity)

Applicant must be one of the following legal business types:

  • Corporation
  • Partnership
  • Limited Liability Company (LLC)
  • Limited Liability Partnership (LLP)
  • Sole Proprietor

Applicant must not hold an active resident license in another state or an active non-resident license in Colorado.

Applicant must not have any serious RIRS actions or 1033 actions. Please contact the state if applicable.

All amendment applications will be deferred to the state for review.

Surplus lines applicants must hold an active property and casualty line of authority (LOA) or apply for property and casualty LOA simultaneously in order to be eligible for surplus lines. If applying for property and casualty, it is not necessary to apply for personal lines LOA.

Resident Producer life is required when Resident Producer variable life and variable annuity product is selected.

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.

Trade names must be reported to the Colorado Department of Insurance prior to approval of this application.

Title applicant, including attorney title and title agency, must complete the Affiliated Business Arrangement Disclosure Form immediately after initial licensure or renewal of a title license. The form can be found on Colorado's state website. Failure to submit the form is cause for license suspension, revocation, and or a fine.

All officers, partners and directors must be listed whether or not they are licensed insurance producers.

Only one (1) Colorado Designated Responsible Licensed Producer (DRLP) must be listed on application and have an active, resident or non-resident, Colorado license. The DRLP must also be an officer, owner, partner, or director.

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
Resident Producer Accident & Health Yes
Resident Producer Life Yes
Resident Producer Property Yes
Resident Producer Casualty Yes
Resident Producer Var Life & Var Annuity Product Yes
Resident Producer Personal Lines Yes
Resident Producer Credit Yes
Resident Producer Crop Hail Yes
Resident Producer Travel Insurance Yes
Resident Producer Title Yes
Resident Producer Surplus Lines Yes
Resident Producer Portable Electronics Vendor Yes

License Fees (Business Entity)

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

License Class / LOA Combination Fee * Amendment Fee *
Resident Producer / All LOAs except Surplus Lines $57.00 $57.00
Resident Producer / Surplus Lines $233.00 $233.00

* Per Line of Authority.

Amendments and Reinstatement fees will be the same fee as an initial license fee per LOA.

Contacts

Last Update: 9/08/2017

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