State Requirements

Business Rules

Employee Benefit Plan Administrator applicants must submit the following to the state:

• Proof of a new original Performance Bond (signed & sealed) between $15,000.00 and $500,000.00.
• Financial Statements for the administrator's most recent completed fiscal year. (balance sheet & income statement). NOTE: The financial statements must be those of the applicant. If the financial statements combine the applicant with parent or affiliated entities, they must include a deconsolidating spreadsheet breaking out the applicant's balance sheet and income statement. Statements are not required to be audited.
• Applicants must mail original performance bond directly to the state. All other documentation may be submitted via email at ociagentlicensing@wisconsin.gov.

Applicants Please Read: Once your application has been submitted to the State of Wisconsin, you will have 90 days to submit any required information/requirements. Failure to supply the required documentation will cause your application to be CLOSED as EXPIRED. Fees are non-refundable.

If you applied for a license type in error, you will need to submit a written request to our office requesting the withdrawal of the application. The application process and the withdrawal of the application represents an administrative expense for the agency and, therefore, the fees are non-refundable.

The Intermediary (Agent) Individual license on the Producer Database and license certificate will display as Intermediary (Producer) Individual on the online application to help Producers select the correct license class. These two license class names are the same.

Please note Wisconsin now uses the National Producer Number (NPN) as the license number.

Applicant must hold an active, renewable license in Wisconsin to renew.

Applicant cannot late renew an Inactive license. Applicant must reapply through NIPR’s Non-Resident License (NRL) Application.

Life Settlement Firm (Viatical Settlement) applicants must submit the following to the state for renewal:

• An original endorsement from a licensed insurer identifying professional liability insurance held in an amount not less than $1 million total annual aggregate.
• A list of licensed providers and provide the name and addresses of companies the broker will be representing.
• Provide evidence of completion of the life settlement 2-hour training requirement
• Applicants can e-mail the documentation to the state.

Employee Benefit Plan Administrators are required to submit the following to the state for renewal:

• If any changes in bond coverage, proof of a new original Performance Bond (signed & sealed) between $15,000.00 and $500,000.00 if there has been any change.
• Financial Statements for the administrator’s most recent completed fiscal year. (balance sheet & income statement).
• Applicants must mail original performance bond directly to the state. All other documentation may be submitted via email at ociagentlicensing@wisconsin.gov.

Individual Navigator applicants are required to subumit the following to the state via paper only:

• Applicant affiliated with registered navigator entity shall submit evidence from a licensed insurer of a bond (or other evidence of financial responsibility) held by the entity in an amount no less than $100,000.
• Evidence of completion of the federal training mandated by the exchange.
• Completion of 8 hours of accident & health specific continuing education.
• Applicants can e-mail the documentation to the state.

Contact the state for further instruction regarding Navigator renewals.

Note: An affiliation is not required and the applicant may skip the "Affiliations" page on the uniform application.

For user guides & walk-through of our electronic application please visit our Frequently Asked Questions page for more information.

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.

Please check Announcements for any last minute notifications about the states to which you are applying.

Applicant should submit required documentation by license expiration date. Failure to submit requested information will result in the application being closed as expired and the Wisconsin license inactivated. All fees are non-refundable.

If you applied for a license type in error, you will need to submit a written request to our office requesting the withdrawal of the application. The application process and the withdrawal of the application represents an administrative expense for the agency and, therefore, the fees are non-refundable.