KENTUCKY Resident Licensing for Individuals

APPLY HERE

State Announcements

Posted 11/23/2016

Please visit the Kentucky Department of Insurance web site for important information on applying for the new Pharmacy Benefit Manager license.

Please note the Pharmacy Benefit Manager applications are not available electronically through NIPR 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 (RL).
Yes License printing available electronically.

License Printing

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

Business Rules (Individual)

Applicant must be eighteen (18) years old or older as determined from the applicant's date of birth, with an exception for administrator's who must be at least twenty-one (21) years old.

Applicants who are non-citizens must provide a copy of work authorization or green card.

Applicant must hold or apply for life to hold a variable line of authority (LOA).

Applicant must actively hold or apply for an property and casualty LOA to hold a surplus lines broker license or a managing general agent license.

Applicant cannot actively hold independent adjuster license in conjunction with public adjuster, or staff adjuster license.

Applicant cannot hold public adjuster license in conjunction with staff or independent adjuster license.

Applicant cannot hold staff adjuster license in conjunction with public or independent adjuster license.

Applicants applying for the variable LOAs must supply FINRA CRD number on application.

To apply for life agent registered as life settlement broker license, applicant must have held an active agent life license for at least one (1) year.

All reinsurance intermediary broker and managers must provide list of insurers to be represented. The state will verify agent or surplus lines broker license needed to hold this license.

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) Exam Required
Agent Life Yes
Agent Health Yes
Agent Property Yes
Agent Casualty Yes
Agent Variable Annuity No
Agent Variable Life No
Agent Personal Lines Yes
Agent Crop Yes
Agent Credit No
Agent Travel No
Consultant Life & Health Yes
Consultant Property & Casualty Yes
Apprentice Adjuster None No
Independent Adjuster None Yes
Public Adjuster None Yes
Staff Adjuster None Yes
Life Agent registered as Life Settlement Broker None No
Life Settlement Broker None No
Life Settlement Provider None No
Managing General Agent None Yes
Reinsurance Intermediary Broker None No
Reinsurance Intermediary Manager None No
Rental Vehicle Managing Employee None No
Surplus Line Broker None No
Third Party Administrator None No

License Fees (Individual)

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

License Class / LOA Combination Fee * Reinstatement Fee *
Agent / All LOAs $40.00 Class Fee
$40.00 LOA Fee
$50.00 Exam Fee (excluding Variable Life & Annuity)
See Details Below
Consultant / All LOAs $100.00 Class Fee
$50.00 Exam Fee
See Details Below
Life Agent Registered as Life Settlement Broker / None $250.00 Class Fee See Details Below
Life Settlement Broker / None $250.00 Class Fee See Details Below
Life Settlement Provider / None $500.00 Class Fee See Details Below
Apprentice Adjuster / None $25.00 LOA Fee See Details Below
Independent Adjuster / None $50.00 Class Fee
$50.00 Exam Fee
See Details Below
Public Adjuster / None $50.00 Class Fee
$50.00 Exam Fee
See Details Below
Staff Adjuster / None $50.00 Class Fee
$50.00 Exam Fee
See Details Below
Managing General Agent / None $100.00 Class Fee See Details Below
Reinsurance Intermediary Broker / None $100.00 Class Fee See Details Below
Reinsurance Intermediary Provider / None $100.00 Class Fee See Details Below
Rental Vehicle Managing Employee / None $40.00 Class Fee See Details Belows
Surplus Lines Broker / None $100.00 Class Fee See Details Below

* Per application.

Reinstatements:

  • If applicant is applying within twelve (12) months of license termination, the exam fee is waived for inactive LOAs held. Regular license fees apply and there will be no additional reinstatement fee.
    • If all LOAs are inactive the class fee will be assessed. If one (1) or more LOAs are active, then the class fee will be waived.
    • Reinstatement only example: Individual producer reinstating life and variable license would have a reinstatement fee of $40.00 (class fee) + $40.00 (life LOA) + $40.00 (variable LOA) = $120.00.
  • Amendment: Regular license fees apply.
    • Amendment Example: Individual producer adding life license would have an amendment fee of
      $40.00 (life LOA) + $50.00 (life exam) = $90.00.
  • Reinstatement and Amendment: If producer is reinstating and amending a license simultaneously the exam fee will be required if applicable for new LOAs requested.
    • If all LOAs are inactive, class fee will be assessed. If one (1) or more LOAs are active, then class fee will be waived.
    • Reinstatement and Amendment Example: Individual producer reinstating life and variable license plus adding new line of property would have a reinstatement fee of $40.00 (class fee) + $40.00 (life LOA) + $40.00 (Variable LOA) = $120.00. Amendment fee would be $40.00 (property LOA) + $50.00 (exam fee) = $90.00. Total reinstatement and amendment fee would be $210.00.

Contacts

Last Update: 12/21/2016

KENTUCKY Resident Licensing for Business Entities

APPLY HERE

State Announcements

Posted 11/23/2016

Please visit the Kentucky Department of Insurance web site for important information on applying for the new Pharmacy Benefit Manager license.

Please note the Pharmacy Benefit Manager applications are not available electronically through NIPR 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 (RL).
Yes License printing available electronically.

License Printing

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

Business Rules (Business Entity)

Applicant must hold or apply for life to hold a variable line.

Applicant cannot actively hold independent adjuster license in conjunction with public adjuster, or staff adjuster license.

Applicant cannot hold public adjuster license in conjunction with staff or independent adjuster license.

Applicant cannot hold staff adjuster license in conjunction with public or independent adjuster license.

At least one Designated Responsible Licensed Producer (DRLP) must be submitted on Business Entity application.  

Each DRLP must have an active resident or non-resident license in KY.

The DRLPs provided must cumulatively cover the LOAs on the application. 

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
Agent Life Yes
Agent Health Yes
Agent Property Yes
Agent Casualty Yes
Agent Variable Annuity Yes
Agent Variable Life Yes
Agent Personal Lines Yes
Agent Crop Yes
Agent Credit Yes
Agent Travel Yes
Agent Self-Storage Space Yes
Independent Adjuster Workers' Compensation Yes
Independent Adjuster Property Yes
Independent Adjuster Casualty Yes
Independent Adjuster Crop Yes
Public Adjuster Property Yes
Public Adjuster Casualty Yes
Staff Adjuster None Yes
Life Settlement Broker None Yes
Life Settlement Provider None Yes
Managing General Agent None Yes
Reinsurance Intermediary Broker None Yes
Reinsurance Intermediary Manager None Yes
Rental Vehicle Agent None Yes
Surplus Line Broker None Yes
Third Party Administrator None Yes
Life Agent Registered as Life Settlement Broker None Yes

License Fees (Business Entity)

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

License Class / LOA Combination Fee * Reinstatement Fee *
Agent / All LOAs $100.00 Class Fee
$100.00 LOA Fee
See Details Below
Independent Adjuster / All LOAs $50.00 Class Fee See Details Below
Public Adjuster / All LOAs $50.00 Class Fee See Details Below
Staff Adjuster $50.00 Class Fee See Details Below
Life Settlement Broker / None $500.00 Class Fee See Details Below
Life Settlement Provider / None $1500.00 Class Fee See Details Below
Managing General Agent / All LOAs $100.00 Class Fee See Details Below
Reinsurance Intermediary Broker / None $100.00 Class Fee See Details Below
Reinsurance Intermediary Manager / None $100.00 Class Fee See Details Below
Rental Vehicle Agent / None $100.00 Class Fee See Details Below
Surplus Lines Broker / None $100.00 Class Fee See Details Below
Third Party Administrator / None $50.00 Class Fee See Details Below

* Per application.

Reinstatements:

  • If all LOAs are inactive the class fee will be assessed. If one (1) or more LOAs are active, then the class fee will be waived.
    • Reinstatement example: Individual producer reinstating life and variable license would have a reinstatement fee of
      $100.00 (class fee) + $100.00 (life LOA) + $100.00 (variable LOA) = $300.00
  • Amendment:
    • If all LOAs are inactive the class fee will be assessed. If one (1) or more LOAs are active, then the class fee will be waived.

Contacts

Last Update: 12/21/2016

APPLY HERE