Vermont PreLicensing Requirements

The licensing information presented here is a brief summary only and is not intended to be comprehensive or complete. We urge you to check with your state's insurance department for complete and current information about its licensing rules and requirements.

Major Lines of Authority Available

*To qualify for a variable life and annuity license, applicants must be life licensed or in the process of becoming life licensed and must be registered with FINRA Series 6 or 7 and 63.

Licensing Requirements and Process

Individual Resident Producer Requirements

To qualify for a license as a resident Vermont insurance producer, the applicant must satisfy the following requirements:

Be at least 18 years of age.
Be a resident of Vermont.
Be deemed by the Commissioner to be competent, trustworthy, and financially responsible.
Pass the written license examination as required by state statute.
Submit an application and pay the required fees.

Requirements for Conducting Insurance Transactions as an Appointed Producer

Vermont is an appointment state, meaning if an insurer does business with a producer as its agent, the insurer must appoint the producer as its agent for each qualification for which the producer will be acting as the agent of the insurer. A producer must be appointed within 15 days from the date an agency contract is executed or from when the first insurance application is submitted, whichever is sooner.

Application Process—Paper Application

Applicants can apply either with a paper application or electronically.

If applying with a paper application, the applicant must submit the following to the Department:

an NAIC Uniform Individual Application
the original score report showing passage of the producer license examination for the line(s) of insurance applying for
an application fee of $30 and a license fee of $30. Checks may be made payable to VT BISHCA.

Application Process—Electronic

If applying electronically, the applicant may use either one of the following third party vendor services:

Residents must wait 48 hours after passing their producer examination before submitting an electronic application. Then they must complete the online application process and pay the relevant fees.

If the application is routine and does not require any additional information, the license is generally issued within 48 hours.

If the application is not routine, the applicant will be notified online that additional information must be submitted directly to the Department. All additional information that must be submitted is outlined on the application and can be faxed to 802-828-1633.

Individual Nonresident Producer Requirements and Process

Applicants who are not residents of Vermont but hold one or more similar insurance licenses in their home state may qualify for a Vermont nonresident producer’s license without taking a Vermont licensing exam. Applicants wishing to apply for a Vermont nonresident producer’s license can apply either with a paper application or electronically.

Application Process—Paper Application

If applying with a paper application, the applicant must submit to the Department the following:

an NAIC Uniform Individual Application
an application fee of $30 and a biennial license fee. Applicants should refer to the Vermont BISHCA Web site and locate the state in which they reside to determine the license fee. Checks should be made payable to VT BISHCA.

Application Process—Electronic

If applying electronically, the nonresident applicant may use either one of the following third party vendor services:

Registering for an Exam

To register or to schedule an examination, applicants must register directly with Prometric, the exam provider, through one of the following:

Online through the Prometric Web site at least 24 hours before the desired exam date.
Call 800-868-6113 between 8 a.m. and 9 p.m. (Eastern time), Monday through Friday.
Fax your completed exam registration form to Prometric at 800-347-9242.
Mail your completed exam registration form to Prometric:

ATTN: Vermont Insurance Examination Registration
1260 Energy Lane
St. Paul, MN 55108

An exam registration remains valid for 90 calendar days after it has been processed, and it expires without further notice. Registration fees are not refunded.

Lastly, walk-in examinations are not available.

For information about your exam:

Candidate Handbook—The Candidate Licensing Handbook is available online from thePrometric Web site.
Exam Content Outline—The examination content outline is available online from thePrometric Web site.

State-Required Product Training

Your state has special training requirements in order for licensed agents to sell the following products:

Long-Term Care: Producers licensed to sell LTC insurance products in Vermont, must complete aone-time initial 8-hour NAIC LTC training course before they can sell, solicit, or negotiate LTC Products. 2 hours must contain Vermont-specific information including Vermont Medicaid information.

Purchasing State-required Product Training with your exam prep course from the PreLicense.com catalog will allow you to take one of the special training requirement courses from WebCE. Additional fees for state filing, books or shipping may apply at the time you register to begin taking the product training course.

Click here for more information regarding state-specific product training.

Contact Information

Vermont Insurance Division—Producer Licensing Section
BISHCA
89 Main Street
Montpelier, VT 05620-3101

Phone: 802-828-3303
Fax: 802-828-1633

Web site: www.dfr.vermont.gov/insurance/