OREGON Resident License Renewal for Individuals

RENEW HERE

State Announcements

There are no announcements for Oregon at this time.

Primary Rules (Individual)

Response Question
Yes Accepts renewals for individuals electronically.
Yes Accepts renewals for surplus lines for individuals.
Yes Applicant can late renew through NIPR's Resident License Renewal 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 Late renewal Period
Consultant and Adjuster Ninety (90) days prior to expiration date – Expiration date of license Up to two years after expiration date.
Insurance Producer Ninety (90) days prior to expiration date – Expiration date of license Up to one year after expiration date.
Life Settlement Broker and Life Settlement Investment Agent Ninety (90) days prior to expiration date – Expiration date of license N/A

Note: Licenses renew biennially on the last day of the birth month.

Business Rules (Individual)

The NIPR does not maintain or process course completion data.  Access to the renewal application is granted once the state electronically notifies the NIPR that you are CE compliant.  We are unable to override the status.  You may select your resident state name from the map on the following link: /map_continuing_education_requirements.htm  to view your CE transcript and determine whether the state has updated your status to compliant in their system and on what date.  It generally takes up to 72 hours from the compliance date for the status to be updated in our system.

Applicants with a status reason of revoked or suspended may not late renew electronically.

After late renewal period, applicant may reapply through Resident Licensing.

Managing general agents, reinsurance intermediary brokers and reinsurance intermediary managers must first hold an active authority within the insurance producer license class. If in late renewal and the insurance producer lines of authority are not active, applicant must be renewing another insurance producer line of authority simultaneously.

All applicants for a consultant license will be asked the following questions: “What is the consultant’s E&O provider?” and “What is the expiration date of the policy?”

All insurance producer applicants renewing the variable line of authority 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.

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) CE Verified before Application
Insurance Producer Casualty Yes
Insurance Producer Property Yes
Insurance Producer Life Yes
Insurance Producer Personal Lines Yes
Insurance Producer Health Yes
Insurance Producer Variable Lines Yes
Insurance Producer Credit No
Insurance Producer Crop No
Insurance Producer Surety No
Insurance Producer Travel No
Insurance Producer Title No
Insurance Producer Surplus Lines Yes
Insurance Producer Managing General Agent No
Insurance Producer Reinsurance Intermediary Broker No
Insurance Producer Reinsurance Intermediary Manager No
Adjuster General Lines No
Adjuster Health No
Adjuster Crop No
Consultant Life No
Consultant Health No
Consultant General Lines No
Life Settlement Broker None No
Life Settlement Investment Agent None No

Renewal Fees (Individual)

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

License Class / LOA Combination License Renewal Fee * Late Renewal Fee *
Insurance Producer / All LOAs $45.00 $90.00 ($45 License fee + $45 Late fee)
Adjuster / All LOAs $45.00 $90.00 ($45 License fee + $45 Late fee)
Consultant / All LOAs $45.00 $90.00 ($45 License fee + $45 Late fee)
Life Settlement Broker / None $45.00 N/A
Life Settlement Investment Agent / None $45.00 N/A

* Per application.

Contacts

Last Update: 9/08/2017

OREGON Resident License Renewal for Business Entities

RENEW HERE

State Announcements

There are no announcements for Oregon at this time.

Primary Rules (Business Entity)

Response Question
Yes Accepts renewals for business entities electronically.
Yes Accepts renewals for surplus lines for business entities.
Yes Applicant can late renew through NIPR's Resident License Renewal 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 Late renewal Period
Adjuster and Consultant Ninety (90) days prior to expiration date – Expiration date of license Up to two years after expiration date.
Insurance Producer, Vehicle Rental Company, Portable Electronics, and Self-Service Storage Ninety (90) days prior to expiration date – Expiration date of license Up to one year after expiration date.
Life Settlement Broker and Third Party Administrator (TPA) Ninety (90) days prior to expiration date – Expiration date of license N/A

Note: Licenses renew biennially on the last day of the original month the license was issued.

Business Rules (Business Entity)

Applicants with a status reason of revoked or suspended may not late renew electronically.

Adjuster, consultant, life settlement broker, third party administrator, vehicle rental company, portable electronics, and self-service storage license do not require a Designated Responsible Licensed insurance producer.

insurance producer applicants must provide at least one (1) Designated Responsible License insurance producer on the application.

All designated responsible insurance producers must have an active resident or Non-Resident Producer license in Oregon.

After late renewal period, applicant may reapply through Resident Licensing.

Managing general agents, reinsurance intermediary broker and reinsurance intermediary managers must first hold an active authority within the insurance producer license class. If in late renewal and the insurance producer lines of authority are not active, applicant must be renewing another insurance producer line of authority simultaneously.

Third party administrator (TPA) applicants and consultant applicants must provide the E&O provider as well as the expiration date of the policy.

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
Insurance Producer Casualty Yes
Insurance Producer Property Yes
Insurance Producer Life Yes
Insurance Producer Personal Lines Yes
Insurance Producer Health Yes
Insurance Producer Variable Lines Yes
Insurance Producer Credit Yes
Insurance Producer Crop Yes
Insurance Producer Surety Yes
Insurance Producer Travel Yes
Insurance Producer Title Yes
Insurance Producer Surplus Lines Yes
Insurance Producer Managing General Agent Yes
Insurance Producer Reinsurance Intermediary Broker Yes
Insurance Producer Reinsurance Intermediary Manager Yes
Adjuster General Lines No
Adjuster Health No
Adjuster Crop No
Consultant Life No
Consultant Health No
Consultant General Lines No
Third Party Administrator None No
Life Settlement Broker None No
Vehicle Rental Company None No
Portable Electronics None No
Self-Service Storage License None No

Renewal Fees (Business Entity)

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

License Class / LOA Combination Renewal Fee * Late Renewal Fee *
Insurance Producer / All LOAs $45.00 $90.00 ($45 License fee + $45 Late fee)
Adjuster / All LOAs $45.00 $90.00 ($45 License fee + $45 Late fee)
Consultant / All LOAs $45.00 $90.00 ($45 License fee + $45 Late fee)
Third Party Administrator / None $45.00 N/A
Life Settlement Broker / None $45.00 N/A
Vehicle Rental Company / None $200.00 $250.00 ($200 License fee + $50 Late fee)
Portable Electronics / None $200.00 $250.00 ($200 License fee + $50 Late fee)
Self-Service Storage License / None $200.00 $250.00 ($200 License fee + $50 Late fee)

* Per application.

Contacts

Last Update: 9/08/2017

RENEW HERE