Friday, July 11, 2014

What You Should Know About Insurance Licensing Houston

By Coleen Torres


Established by the insurance dept. In Texas is set of law requiring companies and individuals who're selling insurance services. Insurance licensing Houston is compliance for every individual or company with one or more financial protection. It covers all types including companies, TPAs, licenses for agents, premium finance, review agents (URAs), workers' compensation or the Office of the State Marshal Office associated insurances. Set by the Texas Department of Insurance, it is a set of laws for companies who provide the service and individuals who are selling such services.

To be a licensed agent or company, an individual must first complete the set of documents required by the State of Texas. Forms and requirements might vary according to the type of protection you are selling - whether it is a life and disability, health, auto or worker's compensation. A separate requirement or document will be needed for agents who are selling in different state. The following article aims to guide you in securing such license especially when you are doing business across Houston, Texas.

First and foremost, agents and companies must have the idea on what agency should they go. The office of the state commissioner is the one responsible for the issuance of license. You can also find National Association of Insurance Commissioners contact details in the country's directory.

What is needed to be done next is to pick the type of service you provide. There are sets of types such as auto, home, life, health, bail bonds, and business. Read the provisions and rules very well. Consult a professional agent or a corporate lawyer for unclear details. As it has been discussed, the related laws in other states are different from those in Houston.

Look for a list of requirements in the National Commission website. Accomplish all the forms and requests before proceeding to the next step. Once all the things in the lists form are completed, you will be asked to provide background, work history and fingerprinting as required by the application. This licensing in the state of Houston will also require you to take an insurance class and require you to take a state-administered test. Your background and credibility to sell a policy will also be subjected for checking. All documents ought to be notarized before submitting them to the commission. Secure a mail box where the state can drop your mail of approval or denial for your application.

You must also register in a class for basic concepts and regulations. Each class must be completed in terms of hours. You will be required to sign up and sign out to ensure that you have completed the course. Materials for the test and class are also provided. Companies who provide the service often provide these materials.

You must pass the test to complete the application. Submit the accomplished requirements to the National Insurance Commission upon completion. Some states require documents to be submitted immediately to avoid getting void.

Licensing in Houston is an important part of the marketing in Texas. It assures that your business is legally compliance to state's law and your clients are protected by a lawful company or agent.




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