MASSACHUSETTS Resident Licensing for Individuals

APPLY HERE

State Announcements

There are no announcements for Massachusetts at this time.

Primary Rules (Individual)

Response Question
Yes Accepts initial license for individuals electronically.
Yes Accepts surplus lines for individuals.
No Applicant can add lines of authority (amend) to an existing active license.
Yes Applicant can reapply through NIPR's Resident License Application.
No License printing available electronically.
Yes Applicant must currently hold or be applying for life if they are applying for variable.

License Printing

Massachusetts does not offer online license printing. Licensees must contact the state.

Business Rules (Individual)

Applicants for the variable line of authority must supply 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 may not enter DBA name.

If applicant answers yes to "Are you legally blind?” Applicant must submit supporting documentation to the state.

Producer only: If applicant answers yes to “Are you a Massachusetts resident military veteran?” Applicant must submit supporting documentation (DD-214) to the state.

Surplus lines broker applicants must actively hold both producer property and casualty lines of authority.

Surplus lines broker applicants may reapply through the Resident License application immediately after license expiration.

Producer Applicants may apply for reinstatement through Resident License Renewal Application starting the day after the expiration date and up to one (1) year past the expiration date. Reinstatement applications will include a penalty fee. After the year has expired, the applicant must apply as a new applicant through NIPR's Resident License Application.

Applicant must not have an active non-resident license in the state.

All phone and fax numbers entered on application, including submitter information, must follow these rules:

  • No lengths greater than ten (10) characters.
  • Numeric values only.

Exam validations will occur for new licenses and for those licensees adding new lines of authority that require examinations.

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. All other required documentation must be forwarded directly to the state.

State Offerings (Individual)

Please note that license class names can vary by state.

License Class Line of Authority (LOA) Passing Exam Required before Application
Producer Life Yes
Producer Accident & Health or Sickness Yes
Producer Property Yes
Producer Casualty Yes
Producer Personal Lines Yes
Producer Variable Annuity & Variable Life Products No
Producer Credit Yes
Producer Travel, Accident & Baggage No
Surplus Lines Broker Property & Casualty No

License Fees (Individual)

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

License Class / LOA Combination License Fee *
Producer / All LOAs $225.00
Surplus Lines Broker / Property & Casualty $150.00

* Per application.
* Fee is waived for veterans or the legally blind.

Additional Fee: Producer applicants applying for casualty, property, and/or personal lines LOAs are charged an additional $75 lead paint surcharge fee.

Note: Reapplication fee is the same as initial license fee

Contacts

Last Update: 7/22/2016

MASSACHUSETTS Resident Licensing for Business Entities

APPLY HERE

State Announcements

There are no announcements for Massachusetts at this time.

Primary Rules (Business Entity)

Response Question
Yes Accepts initial license for business entities electronically.
Yes Accepts surplus lines for business entities.
No Applicant can add lines of authority (amend) to an existing active license.
Yes Applicant can reapply through NIPR's Resident License Application if license is inactive.
No License printing available electronically.
Yes Applicant must currently hold or be applying for life if they are applying for variable.

License Printing

Massachusetts does not offer online license printing. Licensees must contact the state.

Business Rules (Business Entity)

Firm type must be one of the following:

  • Partnership
  • Limited Liability Company
  • Limited Liability Partnership
  • Corporation

Applicant cannot enter DBA name.

Before a business entity (all types) can apply for licensure, they first must submit specific documentation, based upon their type of business, to the state for name approval. Applicant will be asked the following question during the application process: “Has name approval documentation been submitted and approved by Massachusetts Department of Insurance?”

Applicant must provide the business entity name approval confirmation number from the Massachusetts Division of Insurance.

The following applies to the producer license class only:

  • All designated responsible producers must have an active resident license on the producer database (does not have to be in Massachusetts).
  • At least one (1) Designated Responsible Licensed Producer must be listed on the application.
  • All designated responsible producers must be actively licensed in the state on the producer database (resident or non-resident of Massachusetts).
  • All designated responsible producers provided on the business entity application must also be listed as members (affiliations). There may also be additional members listed outside of the designated responsible producers.

All members (affiliations) must have an active resident or non-resident license in the state on the producer database.

The members (affiliations) provided must cumulatively cover the lines of authority on the application.

At least one (1) owner, partner, officer or director must be listed on the application.

Applicant must not have an active non-resident license in the state.

Surplus lines broker applicants must actively hold both producer property and casualty lines of authority.

Surplus lines applicants are allowed to amend their license with state review. This type of amendment is only for the adding and removing of members (affiliations).

All phone and fax numbers entered on application, including submitter information, must follow these rules:

  • No lengths greater than ten (10) characters.
  • Numeric values only.

Variable applicants must supply 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.

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. All other required documentation must be forwarded directly to the state.

State Offerings (Business Entity)

License Class Line of Authority (LOA) DRLP Required
Producer Life Yes
Producer Accident & Health or Sickness Yes
Producer Property Yes
Producer Casualty Yes
Producer Personal Lines Yes
Producer Variable Annuity & Variable Life Products Yes
Producer Credit Yes
Producer Travel, Accident & Baggage Yes
Surplus Lines Broker Property & Casualty Yes (member only, no DRLP)

License Fees (Business Entity)

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

License Class / LOA Combination License Fee
Producer / All LOAs $75.00 per member
Surplus Lines Broker / Property & Casualty $150.00 per member

Additional fees:

  • Amendment fee - $150.00 for adding a member to a business entity surplus line broker license.
  • Reapplication fee is the same as the initial license fee.

Contacts

Last Update: 7/22/2016

APPLY HERE