Types of Individual Intermediary or Agent Licenses
Section Ins 6.50, Wis. Adm. Code
| Major Lines |
| | Accident & HealthInsurance coverage for sickness, bodily injury or accidental death and may include benefits for disability income (includes credit accident & health, disability, long-term care, Medicare supplement). |
| | CasualtyInsurance coverage against legal liability, including that for death, injury or disability or damage to real or personal property (includes auto*, homeowners*, fidelity, steam boiler, title, worker's comp., debtors, credit unemployment, prepaid legal expense, surety, town mutual nonproperty, mortgage guaranty, gap, errors and omissions). |
| | LifeInsurance coverage on human lives including benefits of endowment and annuities and may include benefits in the event of death or dismemberment by accident and benefits for disability income (includes credit life, pre-need funeral expense, fixed annuities, index annuities**). |
| | Personal Lines P&CProperty and casualty insurance sold to individuals and families for primarily noncommercial purposes. |
| | PropertyInsurance coverage for the direct or consequential loss or damage to property of every kind (includes auto*, homeowners*, fire, hail, wind, livestock mortality, inland marine, crop, pet, mechanical breakdown, gap plus, window etching, identity theft). |
| | Variable Life/Variable AnnuityInsurance coverage provided under variable life insurance contracts and variable annuities (residents must hold a valid life license and proof of FINRA registration for series 6 or 7). |
| * | To sell auto and/or homeowners insurance, an agent must hold both property and casualty lines. |
| ** | To sell variable life and variable annuity products, an agent must hold both life and variable life/variable annuities lines. |
| Limited Lines |
| | CreditCredit life, credit disability, credit property, credit unemployment, involuntary unemployment, mortgage life, mortgage guaranty, mortgage disability, guaranteed automobile protection (gap) and any other form of insurance offered in connection with an extension of credit that is limited to partially or wholly extinguishing that credit obligation that the commissioner determines should be designated a form of limited line credit insurance. |
| | CropInsurance providing protection against damage to crops from unfavorable weather conditions, fire or lightning, flood, hail, insect infestation, disease or other yield-reducing conditions or perils provided by the private insurance market, or that is subsidized by the Federal Crop Insurance Corporation, including Multi-Peril Crop Insurance. |
| | Legal ExpenseInsurance that covers only legal expenses incurred by or provided to an individual or business. |
| | SuretyInsurance or bond that covers obligations to pay the debts of, or answer for the default of another, including faithlessness in a position of public or private trust. |
| | TitleInsurance against loss by reason of defects in titles to property. |
| | TravelInsurance coverage for trip cancellation, trip interruption, baggage, life, sickness and accident, disability and personal effects when limited to a specific trip and sold in connection with transportation provided by a common carrier. |
Obsolete Lines of Authority (Licenses held in these lines remain active, however, they are no longer offered to new applicants): Windstorm; Fidelity; Mortgage Guaranty; Hail; Town Mutual Nonproperty; Automobile
General Fees
| Resident/Exam |
| $ 75.00 | - | One line of authority |
| 150.00 | - | Two lines of authority |
| 35.00 | - | Biennial Regulation Fee (at assigned expiration date) |
| 10.00 | - | Electronic Application Fee |
| 70.00 | - | Reinstatement Application Fee |
|
| Nonresident |
| $ 75.00 | - | One line of authority |
| 150.00 | - | Two lines of authority |
| 225.00 | - | Three lines of authority |
| 300.00 | - | Four lines of
authority |
| 375.00 | - | Five lines of
authority |
| 70.00 | - | Biennial Regulation Fee (at assigned expiration date) |
| 140.00 | - | Reinstatement Application Fee |
|
| Insurance Intermediary Firm Licensing (not mandatory in Wisconsin) |
| $100.00 | - | Application Fee |
| 35.00 | - | Biennial Regulation Fee (Resident) (every even-numbered year) |
| 70.00 | - | Biennial Regulation Fee (Nonresident) (every even-numbered year) |
|
| Appointment Billings Initial & Renewal |
| $16.00 | - | Resident (companies are billed annually) |
| 50.00 | - | Nonresident (companies are billed annually) |
|
| Surplus Lines Resident/Nonresident |
| $100.00 | - | Application Fee |
| 100.00 | - | Annual Regulation Fee (at assigned expiration date) |
|
| Life Settlement Broker |
| $750.00 | - | Application Fee |
| 250.00 | - | Annual Regulation Fee (July 1) |
|
| Reinsurance Intermediary Individual |
| $75.00 | - | Application Fee |
|
35.00 |
- | Resident Biennial Regulation Fee (at assigned expiration date) |
|
70.00 |
- | Nonresident Biennial Regulation Fee (at assigned expiration date) |