OREGON Resident Licensing for Individuals

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Primary Rules    |   License Printing    |   Business Rules   |   State Offerings   |   License Fees   |   Contacts and FAQs

State Announcements

There are no announcements for Oregon at this time.

Primary Rules (Individual)

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

License Printing

To print your license, click the state on NIPR's Producer Licensing Map.

Business Rules (Individual)

Applicant must be at least eighteen (18) years old or older as determined from the applicant's date of birth.

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

Applicant may not have a P.O. Box in their residence or business address.

Consultant applicants must provide proof of $500,000 errors and omissions insurance covering consultant activities.

Applicants for life settlement investment agent and applicants for 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.

Life settlement investment agents and life settlement brokers must reapply the day after expiration date.

Adjusters and consultants may reapply after two (2) years of expiration date. If within two years of expiration date, applicant must late renew through Resident Licensing Renewal application.

insurance producer applicant may reapply for a new license one year after expiration date. If within one year of expiration date, applicant must late renew through Resident Licensing Renewal application.

Managing general agents, reinsurance intermediary brokers, and reinsurance intermediary managers must first hold an active authority with the insurance producer license.

Life settlement investment agent and life settlement brokers may not hold licenses simultaneously.

Applicants applying for personal lines may not actively hold or be applying for casualty line of authority. Personal lines is included in the casualty line.

Applicants applying for surplus lines must actively hold or be applying for both property and casualty lines of authority.

Applicant must provide a valid business and residence phone number.

Applicant must provide a valid business email address.

Applicants must answer the following question: “During the last three (3) years, have you lived outside of Oregon for sixty (60) or more consecutive days?”

If applicant answers yes to the aforementioned question, then applicant must list all locations lived outside of Oregon in the last three (3) years with the most recent location listed first. Applicant must include the city, state, and residence dates for all locations.

Applicants must also answer these two (2) questions: “What state do you currently have your driver’s license in?” and “What is your driver’s license number?”

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) Exam Required 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 No
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 Yes
Adjuster Health Yes
Adjuster Crop Yes
Consultant Life No
Consultant Health No
Consultant General Lines No
Life Settlement Broker None No
Life Settlement Investment Agent None No

License Fees (Individual)

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

License Class / LOA Combination License Fee * LOA Addition Fee *
Insurance Producer / All LOAs $75.00 $75.00
Adjuster / All LOAs $75.00 $75.00
Consultant / All LOAs $75.00 $75.00
Life Settlement Broker / None $45.00 N/A
Life Settlement Investment Agent / None $45.00 N/A

* Per application.

Note: Reapplication fee is the same as the total initial license fee.

Contacts

Last Update: 9/08/2017

OREGON Resident Licensing for Business Entities

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Primary Rules    |   License Printing    |   Business Rules   |   State Offerings   |   License Fees   |   Contacts and FAQs

State Announcements

There are no announcements for Oregon at this time.

Primary Rules (Business Entity)

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

License Printing

To print your license, click the state on NIPR's Producer Licensing Map.

Business Rules (Business Entity)

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

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

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 Producer.

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

Applicant must provide a valid business email address.

Applicant may not have a P.O. Box for a business address.

Life settlement broker and third party administrator (TPA) must reapply the day after expiration date.

Adjusters and consultants may reapply after two (2) years of expiration date. If within two years of expiration date, applicant must late renew through Resident Licensing Renewal application.

insurance producer, Vehicle Rental Company, Portable Electronics, and Self-Service Storage License applicant may reapply for a new license one year after expiration date. If within one year of expiration date, applicant must late renew through Resident Licensing Renewal application.

Managing general agents, reinsurance intermediary broker, and reinsurance intermediary managers must first hold an active authority within the insurance producer license.

Applicants applying for surplus lines must actively hold or be applying for both property and casualty lines of authority.

Applicants applying for personal lines may not actively hold or be applying for casualty line of authority. Personal lines is included in the casualty line.

Applicants must enter the license number for the business entity as part of the application process for LOA additions.

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
Life Settlement Broker None No
Third Party Administrator None No
Vehicle Rental Company None No
Portable Electronics None No
Self-Service Storage License None No

License Fees (Business Entity)

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

License Class / LOA Combination License Fee * LOA Addition Fee *
Insurance Producer / All LOAs $75.00 $75.00
Adjuster / All LOAs $75.00 $75.00
Consultant / All LOAs $75.00 $75.00
Life Settlement Broker / None $45.00 N/A
Third Party Administrator / None $45.00 N/A
Vehicle Rental Company / None $200.00 N/A
Portable Electronics / None $200.00 N/A
Self-Service Storage License / None $200.00 N/A

* Per application.

Note: Reapplication fee is the same as the total initial license fee.

Contacts

Last Update: 9/08/2017

APPLY HERE