Fees
Fees shown are state fees only. These fees do not include NIPR transaction fees.
- Fees shown are state fees only. These fees do not include NIPR transaction fees.
- Fees are per application and are deemed earned when received and are not refundable, per KRS304.9-200(4).
- Agent / All LOAs:
- $100 Class Fee
- $100 LOA Fee
- 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 example: Business Entity producer reinstating life and variable license would have a reinstatement fee of
- $100 (class fee) + $100 (life LOA) + $100 (variable LOA) = $300
- 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.
Agent
Fee:
$100
Fee disclaimers:
- Plus $100 Per LOA - Class Fee
Independent Adjuster
Fee:
$50
Public Adjuster
Fee:
$50
Administrator - (Third Party Administrator)
Renewal fee:
$50
Life Agent Registered as Life Settlement Broker
Fee:
$750
Life Settlement Broker
Fee:
$750
Life Settlement Provider
Fee:
$1500
Managing General Agent
Fee:
$100
Reinsurance Intermediary Broker
Fee:
$100
Reinsurance Intermediary Manager
Fee:
$100
Surplus Lines Broker
Fee:
$100
Lines of Authority
Please note that license class names can vary by state.
Agent
DRLP Required
Life, Health, Property, Casualty, Variable Life/Variable Annuity, Personal Lines, Crop, Credit, Travel, Self-Service Storage Space, Pre-Need Funeral
Independent Adjuster
DRLP Required
Property & Casualty, Crop, Workers' Compensation
Public Adjuster
DRLP Required
Property & Casualty
Administrator - (Third Party Administrator)
DRLP Required
No Line of Authority Required
Life Agent Registered as Life Settlement Broker
DRLP Required
No Line of Authority Required
Life Settlement Broker
DRLP Required
No Line of Authority Required
Life Settlement Provider
DRLP Required
No Line of Authority Required
Managing General Agent
DRLP Required
No Line of Authority Required
Reinsurance Intermediary Broker
DRLP Required
No Line of Authority Required
Reinsurance Intermediary Manager
DRLP Required
No Line of Authority Required
Surplus Lines Broker
DRLP Required
No Line of Authority Required
Rules and Regulations
Applicant Can
- Submit initial license for business entities electronically.
- Submit for major lines of authority.
- Submit for limited lines of authority.
- Submit surplus lines for business entities.
- Can add lines of authority (amend) to an existing active license.
- Can reinstate/reapply through NIPR's Resident License Application (RL).
- Print licenses electronically.
Business Rules
Applicant must hold or apply for life to hold a variable line.
Applicant cannot actively hold independent adjuster license in conjunction with public adjuster.
Applicant cannot hold public adjuster license in conjunction with staff 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 and have at least one active appointment.
The DRLPs provided must cumulatively cover the LOAs on the application.
The DRLP for Managing General license class must hold Property and Casualty Agent license class.
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.
Special Instructions
Contact Information
Physical Address
Kentucky Department of Insurance
Mayo-Underwood Building
500 Mero Street, 2 SE 11
Frankfort, KY 40601
United States
Mailing Address
Kentucky Department of Insurance
P.O. Box 517
Frankfort, KY 40602
United States
State overview page
Learn more about state-specific licensing requirements and associate fees to ensure you have all the necessary information for compliance.