Applicant must be one of the following legal business types:
- Limited Liability Company (LLC)
- Limited Liability Partnership (LLP)
Applicants for the Variable Life and Variable Annuity line of authority (LOA) must supply FINRA CRD number on application.
Applicants for life settlement broker or life settlement provider must have active producer license with life LOA.
If a business entity has ten (10) or fewer locations, they must choose the small portable electronics vendor LOA on the initial application.
If a business entity has eleven (11) or more locations, they must choose the large portable electronics vendor LOA on the initial application.
At least one (1) Designated Responsible Licensed Producer (DRLP) must be provided on the application, excluding adjusters, Portable Electronics and Self-Service Storage applications.
All DRLPs provided on the application must have an active license in Idaho and must cumulatively cover the cost of the requested LOAs, excluding adjusters, portable electronics and self-service storage applications.
Applicant applying for bail surety license must carry a $15,000.00 bond and an appointment secured from a surety company. Applicants must submit original bond in the amount of $15,000.00 and the completed and signed appointment form to the Idaho Department of Insurance.
Reapplication of licenses is accepted through initial (NRL) application for non-resident business entities if line of authority status reason is Voluntary Surrender or Failure to Renew.
All other LOA status reasons cannot reapply via Non Resident Licensing (NRL). Applicant will be directed to apply through the state.
If applicant holds an inactive Bail Agency license with a status reason of Failure to Renew- Reinstateable, Failure to Renew or Voluntary Surrender applicant must reapply through NRL and pay reinstatement fee.
All applicants that hold an inactive license with status reason Voluntary Surrender and within one year of license expiration date must pay a reinstatement fee to reapply. The reinstatement fee is double the Idaho licensing renewal fee. After one year no additional fee will be charged.
Applicants cannot renew or reinstate license day 1 through day 3 after expiration date (may apply on day 4).
Applicants must first reinstate their existing license before adding new lines to the 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.