Puerto Rico Resident Licensing for Individuals

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

State Announcements

There are no announcements for Puerto Rico at this time.

Primary Rules (Individual)

Response Question
Yes Accepts initial license for individuals electronically.
Yes Accepts major lines of authority.
Yes Accepts limited lines of authority.
Yes Accepts surplus lines for individuals.
Yes Applicant can add lines of authority (amend) to an existing active license.
Yes Applicant can reinstate/reapply through NIPR's Resident License (RL) Application.
Yes License printing available electronically.

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.

Applicant must not have an active resident license for any other state.

There must be no serious RIRS actions or 1033 actions for the applicant. Please contact the state for additional information, if applicable.

If license has a status reason of voluntary surrender applicant may use Resident License (RL) Application.

Applicants are allowed to use the Resident License (RL) Application after  ne month past the expiration date to reinstate license up to five (5) years without having to retake any exams as long as they are in CE compliance. If license has expired and is within  one month from expiration date applicant must use Resident License Renewal (RLR) Application.

All amendment applications will be deferred to the state for review.

Applicants must have an appointment with an insurer for the following license classes to become a valid license:

Authorized Representative, Attorney-In-Fact, General Agent or Manager.

Please be sure to submit application for appointment once the license is approved and is displaying on the Producer Database (PDB). If the license is not displaying on the Producer Database (PDB), the appointment will be declined.

Authorized Person license may not be held simultaneously with any license class with the exception of Attorney In Fact. Authorized Person must list only one (1) affiliation and more than one (1) affiliation is not permitted on the application.

Authorized Person applicants for Surplus Lines Broker line of authority must actively hold or simultaneously be apply for Property and Casualty. Applicant must also be affiliated with a business entity that holds a Surplus Lines Broker license.

Authorized Representative may not be held simultaneously with Insurance Producer or Authorized Person license. Applicant must have an appointment with an insurer for this license to become valid.

Consultant applicants are required to submit a $25,000.00 bond. The bond should be in favor of the Commonwealth of Puerto Rico and sent to the Office of the Commissioner of Insurance of Puerto Rico. Application will be deferred to the state for verification. Insurance Consultants license may not be held simultaneously with any license type outside of Producer.

General Agent license may not be held simultaneously with Authorized Person or Insurance Producer license. Applicant must have an appointment with an insurer for this license to become valid.

Insurance Consultant license may not be held simultaneously with any license type outside of insurance producer.

Manager license may not be held simultaneously with Authorized Person or Insurance Producer license. Applicant must have an appointment with an insurer for this license to become valid.

Insurance Producer applying for Agricultural, Marine and Transportation, Surety, and/or Vehicle lines of authority (LOAs) must hold Property and Casualty both single, or combined lines with in the same class, or be applying for at the same time.

Property or Casualty lines must be applied for together.

Provisional Authorized Representative applicants may only apply once a year per line of authority. Applications will be deferred to the state for review and verification that the lines of authority requested are tied to an exam record, unless for hardship license.

Provisional Authorized Representative and Provisional Producer application fees will be collected by Puerto Rico and not NIPR. The application will pend until the fees are submitted to the state by the applicant. For any questions please contact Puerto Rico directly. NIPR transaction & processing fees will still apply.

Surplus Lines Broker applicants must hold an active Producer or Authorized Representative license to apply and are required to hold a $25,000 bond. The bond must be in favor of the Commonwealth of Puerto Rico and sent to the Office of the Commissioner of Insurance of Puerto Rico. A copy can be submitted after application is completed to cumplimiento@ocs.pr.gov in order to process the license but original bond is required for it to become valid. Bond must be notarized.. If notary is outside of Puerto Rico, a copy of the Notary's certificate from the Secretary of State must be provided with bond. Applications will be deferred to the state for verification.

Variable Life and Variable Annuity applicants must hold active Life line of authority (within the same class) or be applying for Life at the same time.

Viatical Settlements Investment Agent applicants must hold active Authorized Representative license with Life and VariableLife and Variable Annuity lines of authority to apply.

If applicant answers no to "Are you a US Citizen?" applicant must send proof of U.S. Employment Authorization to Puerto Rico.

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.

 

Adjuster Licensing Information (Individual)

Important Note: Applicants for following adjuster license may not act on behalf of a business entity in Puerto Rico. If the applicant will be adjusting on behalf of, or working for a business entity in Puerto Rico, the applicant must apply for an Authorized Person license for the same lines of authority as the business entity.

Please review the requirements below.

Public Adjusters:

  • Must pass required exams.
  • Must not hold any other license type with Public Adjuster license.
  • Are required to submit a $10,000.00 bond in favor of the Commonwealth of Puerto Rico to the Office of the Commissioner of Insurance of Puerto Rico. A copy can be submitted after application is completed to cumplimiento@ocs.pr.gov in order to process the license but original bond is required for it to become valid. Bond must be notarized. If notary is outside of Puerto Rico, a copy of the Notary's certificate from the Secretary of State must be provided with bond.

Emergency Public Adjusters:

  • Must not hold any other license type with Emergency Public Adjuster license.
  • Are required to submit a $10,000.00 bond in favor of the Commonwealth of Puerto Rico to the Office of the Commissioner of Insurance of Puerto Rico. A copy can be submitted after application is completed to cumplimiento@ocs.pr.gov in order to process the license but original bond is required for it to become valid. Bond must be notarized. If notary is outside of Puerto Rico, a copy of the Notary's certificate from the Secretary of State must be provided with bond.
  • Submit a copy of driver's license and professional licenses, if applicable. Professional licenses may include, but not limited to real estate, attorney, accountant, etc.
  • Must submit required documentation by email to cumplimiento@ocs.pr.gov within 15 days of submitting application. If documentation is not received within the 15 day period the license will be revoked. Applicant will need to reapply and resubmit license fee.
  • License will be issued for 6 months and will not be renewable. Some exceptions may be made if requested in person or in writing directly to the Office of the Commissioner of Insurance of Puerto Rico.

Independent Adjuster:

  • Must pass required exams.
  • Must not hold any other license type with Independent Adjuster license.
  • No bond requirements.

Emergency Independent Adjuster:

  • Must not hold any other license type with Emergency Independent Adjuster license.
  • Submit a copy of driver's license and professional licenses, if applicable. Professional licenses may include, but not limited to real estate, attorney, accountant, etc.
  • Must submit required documentation by email to cumplimiento@ocs.pr.gov within 15 days of submitting application. If documentation is not received within the 15 day period the license will be revoked. Applicant will need to reapply and resubmit license fee.
  • License will be issued for 6 months and will not be renewable. Some exceptions may be made if requested in person or in writing directly to the Office of the Commissioner of Insurance of Puerto Rico.
  • No bond requirements.

For more information and requirements regarding Emergency Public and Emergency Independent Adjuster licensing please review Normative Letter Num. CN-2017-223-D from the Commissioner of Insurance of Puerto Rico.

Exams

Applicant must pass required exams for license types listed in State Offerings section below. If applicant fails to take an exam prior to applying for the license, NIPR will accept and defer the application to Puerto Rico for verification and processing.

Exams for Puerto Rico are valid for one (1) year. If applicant fails to apply within one (1) from examination date applicant will need to retake the exam.

If license expires, the applicant has up to five (5) years from expiration date before needed to retake the exam. As long as the applicant is in CE compliance the applicant will be able to reapply for the same license and lines of authority.

State Offerings (Individual)

Please note that license class names can vary by state.

Important Definitions and License Requirements:

Insurance Producer - in selling, soliciting, and negotiating insurance, the producer shall not act as authorized representative of the insurer.

  • Insurance Producer cannot be appointed. If an Insurance Producer accepts appointments from an insurer, they have to change their license type to the Authorized Representative.
  • Insurance Producer business entity's designated responsible licensed producers must hold an Authorized Person license.
  • Exams and continuing education must be met in Puerto Rico.

Authorized Representative - is a producer that subscribes a contract with an insurer to sell, solicit, and negotiate insurance on his behalf and can be as employee or as an independent contractor.

  • Authorized Representative cannot be affiliated to a business entity.
  • Applicant must have an active appointment with at least one insurer for the license to be active.
  • Authorized Representative business entity's designated response licensed producers must hold an Authorized Person license.
  • Exams and continuing education must be met in Puerto Rico.

Authorized Person – is a designated responsible licensed producer. When a business entity obtains an Insurance Producer or Authorized Representative license, all the individuals affiliated to it will be listed as Authorized Persons.

  • Authorized Person must list only one affiliation to a business entity.
  • More than one affiliation is not permitted.
  • Applicant cannot be a business entity.
  • Authorized Person must apply for lines of authority the business entity holds. Applicant does not need to hold the same license type as the business entity.
  • At least one Authorized Person listed as the designated responsible licensed producer (DRLP) must hold ALL lines of authority as the business.
  • At least one Authorized Person listed as the DRLP must also be listed as an owner, partner, officer, or director on the application
  • At least one DRLP that holds all lines must also be an owner, partner, officer, or director.
  • Exams and continuing education must be met in the applicant's resident state.

License Class

Line of Authority (LOA)

Exam Required

Authorized Person
Authorized Representative
Insurance Consultant
Insurance Producer
Solicitor

Casualty
Disability
Health Services
Life
Property

Yes

Authorized Person
Authorized Representative
Insurance Producer
Reinsurance Intermediary Producer

Reinsurance*

Yes

Authorized Person
Authorized Representative
Insurance Producer
Solicitor

Title*

Yes

Authorized Person
Authorized Representative
Insurance Producer
Solicitor

Fraternal Life*
Variable Life and Variable Annuity

No

Authorized Person
Viatical Settlements Broker
Viatical Settlements Investment Agent

Viatical Settlements*

No

Authorized Person
Independent Adjuster
Public Adjuster

Automobile & Accidents*
Marine, Transportation, Fire and Allied Lines*

Yes

Authorized Person

Car Rental
Limited Life*
Surplus Lines*
Travel

No

Attorney-in-Fact

Attorney-in-Fact*

Yes

Emergency Independent Adjuster
Emergency Public Adjuster

Automobile & Accidents*
Marine, Transportation, Fire and Allied Lines*

No

General Agent

General Agent*

No

Limited Life

Limited Life*

No

Manager

Manager*

No

Provisional Authorized Representative

Casualty*
Disability*
Fraternal Life*
Health Services*
Life*
Limited Life*
Property *
Title*

No

Reinsurance Intermediary Manager

Reinsurance*

No

Surplus Lines Broker

None*

No

* Applications for Other lines of authority will defer to state for approval.

License Fees (Individual)

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

License Class / Lines of Authority (LOA) Combination

Fee *

Reinstatement Fee *

Amendment Fee *

Authorized Person / All LOAs
Excludes: Travel

$0.00**

$0.00**

$0.00

Authorized Person / Travel

$630.00

$630.00

$0.00

Authorized Representative / All LOAs

$314.00

$314.00

$0.00

Attorney-in-Fact / Attorney-in-Fact

$210.00

$210.00

$0.00

Emergency Independent Adjuster / All LOAs

$250.00

N/A

N/A

Emergency Public Adjuster / All LOAs

$250.00

N/A

N/A

General Agent / General Agent

(A) $2,102.00 (1-2) Appts,
(B) $10,514 (3+) Appts

(A) $2,102.00 (1-2) Appts,
(B) $10,514 (3+) Appts

$0.00

Independent Adjuster / All LOAs

$420.00

$420.00

$0.00

Insurance Consultant / All LOAs

$840.00

$840.00

$0.00

Insurance Producer / All LOAs

$1,050.00

$1,050.00

$0.00

Limited Life/ Limited life

$630.00

$630.00

$0.00

Manager / Manager

(A) $2,102.00 (1-2) Appts,
(B) $10,514 (3+) Appts

(A) $2,102.00 (1-2) Appts,
(B) $10,514 (3+) Appts

$0.00

Provisional Authorized Representative / All LOAs

$150.00
Note:

  • Disability and Health Services will be assessed one fee if applying at the same time.
  • Property and Casualty will be assessed one fee if applying at the same time.

N/A

$150.00
Note:

  • No fee will be assessed if adding Health Service to an active Disability line.
  • Fee will be assessed if adding Disability to an active Health Services line.

Public Adjuster / All LOAs

$420.00

$420.00

$0.00

Reinsurance Intermediary Manager / All LOAs

(A) $2,102 for 1-2 appts,
(B) $10,514 for 3 or more appts

(A) $2,102 for 1-2 appts,
(B) $10,514 for 3 or more appts

$0.00

Reinsurance Intermediary Producer / All LOAs

$1,050.00

$1,050.00

$0.00

Solicitor / All LOAs

$104.00

$104.00

$0.00

Surplus Lines Broker / All LOAs

$1,050.00

$1,050.00

$0.00

Viatical Settlements Broker / All LOAs

$1,050.00

$1,050.00

$0.00

Viatical Settlements Investment Agent /  All LOAs

$1,050.00

$1,050.00

$0.00

* Per application.

** Fee is paid by affiliated business entity.

(A)(B) Based on answer to non-uniform question within the application.

Prorating fees apply only to individual Authorized Representatives, Authorized Insurance Producers, Solicitors, Adjusters, General Agents, Managers, Attorney-In-Fact, Consultant, Surplus Lines Broker, Viatical Settlements Investment Agent, Viatical Settlements Broker, Limited Life and Reinsurance Intermediary Manager licenses.

 

Contacts

Last Update: 5/17/2019

Puerto Rico Resident Licensing for Business Entities

APPLY HERE

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

State Announcements

There are no announcements for Puerto Rico at this time.

Primary Rules (Business Entity)

Response Question
Yes Accepts initial license for business entities electronically.
Yes Accepts major lines of authority.
Yes Accepts limited lines of authority.
Yes Accepts surplus lines for business entities.
Yes Applicant can add lines of authority (amend) to an existing active license.
Yes Applicant can reinstate/reapply through NIPR's Resident License (RL) Application.
Yes License printing available electronically.

License Printing

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

Business Rules (Business Entity)

There must be no serious RIRS  actions for the applicant. Please contact the state for additional information, if applicable.

Business entities must be registered with the Secretary of State prior to becoming licensed in Puerto Rico. All applications will be deferred for verification.

Business entity amendments will be reviewed by Puerto Rico. Please note that although fees for business entity amendments are collected by Puerto Rico and not NIPR, there will be a NIPR fee assessed for your electronic transaction. The application will be pending until Puerto Rico has received all fees. Please contact the state with any questions.

Applicant must have an appointment with an insurer for the following license classes to become a valid license: Authorized Representative, Attorney-In-Fact, and General Agent. Please be sure to submit application for appointment once the license is approved and is displaying on the  Producer Database. If the license is not displaying on the Producer Database, the appointment will be declined.

Authorized Representative may not be held simultaneously with Insurance Producer license.

Consultant applicants are required to submit a $25,000.00 bond to the state. The bond must be in favor of the Commonwealth of Puerto Rico and sent to the Office of the Commissioner of Insurance of Puerto Rico. A copy can be submitted after application is completed to cumplimiento@ocs.pr.gov in order to process the license but original bond is required for it to become valid. Bond must be notarized. If notary is outside of Puerto Rico, a copy of the Notary's certificate from the Secretary of State must be provided with bond. Applications will be deferred to the state for verification.

Disability and Health Services lines of authority must be applied for at the same time or application will not be accepted.

General Agent license may not be held simultaneously with an Insurance Producer license.

Insurance Consultant license may not be held simultaneously with any license type outside of Insurance Producer.

Property and  Casualty must be applied for at the same time or application will not be accepted.

Surplus Lines Broker applicants must hold an active Insurance Producer or Authorized Representative license to apply and are required to hold a $25,000 bond. The bond must be in favor of the Commonwealth of Puerto Rico and sent to the Office of the Commissioner of Insurance of Puerto Rico. A copy can be submitted after application is completed to cumplimiento@ocs.pr.gov in order to process the license but original bond is required for it to become valid. Bond must be notarized. If notary is outside of Puerto Rico, a copy of the Notary's certificate from the Secretary of State must be provided with bond. Applications will be deferred to the state for verification.

Variable Life and Variable Annuity applicants must hold active Life line of authority within the same class or being applying for Life at the same time.

Viatical Settlements Investment Agent applicants must hold active Authorized Representative license with Life and Variable Life and Variable Annuity lines of authority, to apply and must provide one (1) Designated Responsible Licensed Producer (DRLP) with an active Authorized Person license and Life line of authority.

Designated Responsible Licensed Producers (DRLP) provided in the application for any license type must hold an active Authorized Person license in Puerto Rico. At least one (1) DRLP must hold all lines of authority requested in the business entity application.  Surplus Lines Broker, General Agent, and Viatical Settlements Broker licenses are excluded from this rule. At least one (1) DRLP, that holds all lines requested, is required to be listed as a director, officer, partner, or owner.

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.

 

Adjuster Licensing Information (Business Entity)

Important Note: Applicants must list at least one Designated Responsible Licensed Producer (DRLP) that holds an Authorized Person license with the same lines of authority as the business entity applying for.

Business entities must be registered with the Secretary of State prior to becoming licensed in Puerto Rico. Applicant can register at https://prcorpfiling.f1hst.com/. All applications will be deferred to Puerto Rico for verification and will not be processed until this is complete.

Please review the requirements below.

Public Adjusters:

  • Must not hold any other license type with Public Adjuster license.
  • Fee will be charged per DRLP listed on the application.
  • Are required to submit a $10,000.00 bond per Authorized Person acting on behalf of the business and listed as a DRLP on the application. The bond must be in favor of the Commonwealth of Puerto Rico and sent to the Office of the Commissioner of Insurance of Puerto Rico. A copy can be submitted after application is completed to cumplimiento@ocs.pr.gov in order to process the license but original bond is required for it to become valid. Bond must be notarized. If notary is outside of Puerto Rico, a copy of the Notary's certificate from the Secretary of State must be provided with bond.

Emergency Public Adjusters:

  • Must not hold any other license type with Emergency Public Adjuster license.
  • Are required to submit a $10,000.00 bond per Authorized Person acting on behalf of the business and listed as a DRLP on the application. The bond must be in favor of the Commonwealth of Puerto Rico and sent to the Office of the Commissioner of Insurance of Puerto Rico. A copy can be submitted after application is completed to cumplimiento@ocs.pr.gov in order to process the license but original bond is required for it to become valid. Bond must be notarized. If notary is outside of Puerto Rico, a copy of the Notary's certificate from the Secretary of State must be provided with bond.
  • Submit a copy of professional licenses, if applicable. Professional licenses may include, but not limited to real estate, attorney, accountant, etc.
  • Must submit required documentation by email to cumplimiento@ocs.pr.gov within 15 days of submitting application. If documentation is not received within the 15-day period, the license will be revoked. Applicant will need to reapply and resubmit license fee.
  • License will be issued for 6 months and will not be renewable. Some exceptions may be made if requested in person or in writing directly to the Office of the Commissioner of Insurance of Puerto Rico.

Independent Adjuster:

  • Must not hold any other license type with Independent Adjuster license.
  • Fee will be charged per DRLP listed on the application.

Emergency Independent Adjuster:

  • Must not hold any other license type with Emergency Independent Adjuster license.
  • Submit a copy of professional licenses, if applicable. Professional licenses may include, but not limited to real estate, attorney, accountant, etc.
  • Must submit required documentation by email to cumplimiento@ocs.pr.gov within 15 days of submitting application. If documentation is not received within the 15-day period, the license will be revoked. Applicant will need to reapply and resubmit license fee.
  • License will be issued for 6 months and will not be renewable. Some exceptions may be made if requested in person or in writing directly to the Office of the Commissioner of Insurance of Puerto Rico.

For more information and requirements regarding Emergency Public and Emergency Independent Adjuster licensing please review Normative Letter Num. CN-2017-223-D from the Commissioner of Insurance of Puerto Rico.

State Offerings (Business Entity)

License Class

Line of Authority (LOA)

DRLP Required

Authorized Representative
Insurance Consultant
Insurance Producer

Casualty
Disability
Health Services
Life
Property

Yes

Authorized Representative
Insurance Producer

Fraternal Life*
Reinsurance*
Title*
Variable Life and Variable Annuity

Yes

Authorized Representative

Car Rental
Travel

Yes

Emergency Independent Adjuster
Emergency Public Adjuster
Independent Adjuster
Public Adjuster

Automobile & Accidents*
Marine, Transportation, Fire & Allied Lines*

Yes

Limited Life

Limited Life*

Yes

Reinsurance Intermediary Manager
Reinsurance Intermediary Producer

Reinsurance*

Yes

Surplus Lines Broker

None*

Yes

Viatical Settlements Broker
Viatical Settlements Investment Agent

Viatical Settlements*

Yes

* Applications for Other lines of authority will defer to state for approval.

License Fees (Business Entity)

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

License Class / Lines of Authority (LOA) Combination

Fee *

Reinstatement Fee *

Amendment Fee *

Authorized Representative / All LOAs

Fee based on DRLP listed on application:
$630.00 (1-3) DRLPs
$314.00 (4+) per DRLP

Fee based on DRLP listed on application:
$630.00 (1-3) DRLPs
$314.00 (4+) per DRLP

$0.00

Authorized Representative / Car Rental

Fee based on number submitted in application.
$630.00 (1-25) Vehicles
$314.00 per block of (50) vehicles

Fee based on number submitted in application.
$630.00 (1-25) Vehicles
$314.00 per block of (50) vehicles

$0.00

Authorized Representative / Travel

$630.00

$630.00

$0.00

Emergency Independent Adjuster / All LOAs

$250.00 Per DRLP

N/A

$0.00

Emergency Public Adjuster / All LOAs

$250.00 Per DRLP

N/A

$0.00

General Agent

Fee based on Appointments:
(A) $2,102.00 (1-2) Appts
(B) $10,514 (3+) Appts

In addition to DRLP listed on application:
$0 (1-3) DRLPs
$2,102 (4+) per DRLP

Fee based on Appointments:
(A) $2,102.00 (1-2) Appts
(B) $10,514 (3+) Appts

In addition to DRLP listed on application:
$0 (1-3) DRLPs
$2,102 (4+) per DRLP

$0.00

Independent Adjuster / All LOAs

$420.00 per DRLP

$420.00 per DRLP

$0.00

Insurance Consultant / All LOAs

$840.00 per DRLP

$840.00 per DRLP

$0.00

Insurance Producer / All LOAs

$2,102.00

$2,102.00

$0.00

Public Adjuster / All LOAs

$420.00 per DRLP

$420.00 per DRLP

$0.00

Reinsurance Intermediary Manager/ Reinsurance

Fee based on Appointments:
(A) $2,102.00 (1-2) Appts
(B) $10,514 (3+) Appts

In addition to DRLP listed on application:
$0 (1-3) DRLPs
$2,102 (4+) per DRLP

Fee based on Appointments:
(A) $2,102.00 (1-2) Appts
(B) $10,514 (3+) Appts

In addition to DRLP listed on application:
$0 (1-3) DRLPs
$2,102 (4+) per DRLP

$0.00

Reinsurance Intermediary Producer/ Reinsurance

$2,102.00

$2,102.00

$0.00

Surplus Lines Broker / None

$1,050.00

$1,050.00

$0.00

Viatical Settlements Broker / Viatical Settlements

$2,102.00

$2,102.00

$0.00

Viatical Settlements Investment Agent / Viatical Settlements

$2,102.00

$2,102.00

$0.00

* Per application.

(A)(B) Based on answer to non-uniform question within the application.

Please note that although fees for business entity amendments are collected by Puerto Rico and not NIPR, there will be a NIPR fee assessed for electronic transactions. The application will pend until Puerto Rico has received all fees. Please contact Puerto Rico directly with any questions.

Contacts

Last Update: 5/17/2019

APPLY HERE