Kentucky

Yes

Yes

Within 15 days of contract execution or first business submission

KY ST § 304.9-270(4) An agent may act as a representative of the insurer without approval of the appointment for 15 days from the date the first insurance application is executed. If the agent does not obtain confirmation from the Commissioner that the appointment is approved within 15 days from the date the first application is submitted, the agent must immediately discontinue acting on behalf of the insurer.

Yes

Resident Individuals - Producer $40, Resident Individuals - Business Entity $100

Nonresident Individuals, Producer: $50 Nonresident Individuals, Business Entity: $120

Yes

Yes

A producer only requires one appointment with one carrier if affiliated to an agency. Subsequent appointments are unnecessary as the producer can act under the agency appointment for new carriers.

No

Yes

Required. Effective date and is the date supplied on transaction. Must be less than 15 days old.

Yes

Via NIPR Portal

January 1 through March 31 Late renewal runs April 1 through June 30. Renewal fees are doubled in late renewal period

Nonresident Individuals: Producer $50 Nonresident Individuals: Business Entity $120 Resident Individuals: Producer $40 Resident Individuals: Business Entity $100

No

Yes

Yes

Voluntary termination; death; request regulatory review

Yes

Required and is the date supplied on transaction. Must be less than 15 days old

60 days after a license expiration, licensees must obtain new appointments

No fee

No

Notices must be mailed

Resident New License Agent: $40 PLUS $40 per LOA Fee AND $50 Exam Fee
Resident New License Surplus Lines Broker: $100
Nonresident New License Agent: $50
Nonresident New License Surplus Lines Broker: $100

Resident Renewal Agent: $0 Resident Renewal Agent: $40 Resident Renewal Surplus Lines Broker: $100 Nonresident Renewal Agent; $0 Nonresident Renewal Agent: $50 Nonresident Renewal Surplus Lines Broker: $100

90 days before expiration

Last day of birth month every 2 years based on year of birth

Late renewal allowed up to 60 days after expiration

90 days before expiration

Last day of birth month every 2 years based on year of birth

Late renewal allowed up to 60 days after expiration

No

No

Residence, Business, and Mailing

Agent, Life Settlement Broker, Temporary Agent, Independent Adjuster, Public Adjuster, Staff Adjuster, Reins Intermediary Broker, Reins. Intermediary Manager, Consultant Property & Casualty, Managing General Agent, Life Settlement Provider, Life Agent Registered as Life Settlement Broker, Adjuster, Apprentice Adjuster, Surplus Line Broker, Administrator, Consultant Life & Health, Rental Vehicle Agent, Rental Vehicle Managing Employee, Portable Electronics Insurance Retailer, Insurer, Pharmacy Benefit Manager

Yes

04.9-040 "Consultant" defined. (1) A "consultant" is a person, who as an independent contractor in relation to a client, for fee or compensation other than from an insurer, in any manner advises or purports to advise, any person actually or prospectively insured, or named or to be named as beneficiary, or having or to have any interest in or insured under, an insurance contract or annuity contract, existing or proposed, relative to coverage, advisability, rights, or interests under such contract, or relative to the retention, exchange, surrender, or exercise of rights thereunder. This subsection shall not apply as to an attorney while acting under a license to practice law in this state. (2) A "property and casualty consultant" is a person licensed as a consultant as to property insurance contracts, casualty insurance contracts, health insurance contracts issued by property or casualty insurers, and surety contracts. (3) A "life and health consultant" is a person licensed as a consultant as to life insurance contracts, annuity contracts, and health insurance contracts. Insurers are not required to appoint Brokers per NAIC PLMA

Yes

Classroom or self study

The pre-licensing provider must submit proof of course completion for each applicant to the Department and applicant: a. on Form CPL-01, Certificate of Pre-Licensing Course Completion; or b. through the Department's website, https://bit.ly/39y0kQ2

A pre-licensing course of study is valid for 1 year from the completion date.

An applicant is exempt from pre-license education if the applicant: a. holds a Chartered Life Underwriter (CLU) designation; b. holds a Chartered Property and Casualty Underwriter (CPCU) designation; c. holds a Certified Insurance Counselor (CIC) designation; d. holds a Certified Employee Benefit Specialist(CEBS), Chartered Financial Consultant (ChFC), Certified Financial Planner (CFP), Fellow of the Life Management Institute (FLMI), or Life Underwriter Training Council Fellow (LUTCF) for a life line of authority; e. holds a Registered Health Underwriter (RHU), Certified Employee Benefit Specialist (CEBS), Registered Employee Benefit Consultant (REBC), or Health Insurance Advisor (HIA) designation for a health line of authority; f. holds an Accredited Advisor in Insurance (AAI) or Associate in Risk Management (ARM) designation for property, personal lines, and casualty lines of authority; g. holds an insurance degree from an accredited college or university for all lines of authority; h. is an applicant for a limited line of authority; or i. is a life agent who has been licensed at least 1 year, and operating as a life settlement broker.

An applicant must complete prelicense training that has been approved by the Commissioner. a. A life and health applicant must complete 40 hours of prelicense study. b. A property and casualty applicant must complete 40 hours of prelicense study. c. An applicant must complete at least 20 hours of prelicense study for each line of authority

Yes – Full criminal history

Not Required

Kentucky Online Gateway

One Year

Applicants who are non-citizens must provide a copy of work authorization or green card.

NIPR Gateway

A criminal background report from the Administrative Office of the Courts must be filed with the state. Obtain the report by following instructions listed on http://insurance.ky.gov.

None

No

Yes

A licensee must notify the Commissioner in writing of any change in address or legal name change within 30 days of the change. Contact Change Request supported via NIPR Gateway.

Individual and Business Entity

Failure to timely report a change will result in a $500 fine for the first offense and $1,000 for subsequent offenses.

Nonresident insurance producers can get a designated home state license for limited lines travel insurance in Kentucky if the producer's resident state doesn't issue a travel license equivalent

Yes

Yes

Yes

90 days prior to expiration date until 2 months after expiration date.

A licensee must notify the Commissioner in writing of any change in address or legal name change within 30 days of the change. Contact Change Request supported via NIPR Gateway. The business entity must notify the Commissioner of all changes involving the individuals who are registered on the license within 30 days of the change.

Yes

Yes

AK, AL, AR, AZ, CT, DE, FL, GA, ID, IN, LA, ME, MI, MN, MS, MT, NC, NH, NM, NV, OK, OR, RI, SC, TX, UT, VT, WA, WV, WY

CA, HI, NY, PR

Property, Casualty, Workers' Compensation, Crop

Licensing Fee: $50 Renewal Fee: $50 Late Renewal: $100

Yes

No line of authority is required for residents.

No LOA required

$25

1 Year

The license will not exceed 12 months and cannot be renewed. You must be a resident to receive this license.

Biennially, on the last day of the birth month for residents. For nonresidents, look towards the license expiration date.

Note that no line of authority is required for Residents.

Property, Casualty

Licensing Fee: $50 Renewal Fee: $50 Late Renewal: $100

Yes

Adjusters looking to assist with claims that result from a declared catastrophe need to register online with the department of insurance.

Yes

CT, DE, FL, LA, NV, NH, NM, NC, OK, RI, SC, TX, VT, WV, WY

Property, Casualty, Workers' Compensation, Crop

Licensing Fee: $50 Renewal Fee: $50 Late Renewal: $100

Yes

Biennially, on the last day of the birth month for residents. For nonresidents, look towards the license expiration date.

Note that no line of authority is required for Residents.

Yes

Yes

24

2 years

Yes

Last day of birth month

Year of birth

Prior to license expiration.

90 days prior to expiration date

90 days prior to expiration date

If you have been licensed for less than a year on first renewal, you'll wait until the next renewal period to fill CE requirements. Adjusters other than public adjusters are exempt from CE requirements. Limited lines agents such as producers licensed solely in credit, travel, crop, or surety lines are exempt from CE requirements. Agents who are licensed solely to continue receiving renewal commissions on existing contracts can be exempt from CE if the state has a signed affidavit affirming they no longer sell products.

Within 30 days of your license expiration, you can still provide proof of CE and renew your license without penalty. After 30 days but within 60 days of your license expiration, you can prove you are current on CE and reinstate your lapsed license through paying a late penalty. After 60 days but within 12 months, you can reinstate as long as you get current on CE and submit a new application (including a background check, fees for licensure, fees for appointments, etc.). After 12 months, you will need to reapply as a new applicant, including fulfilling prelicensing training and relevant exams.

Yes

Yes

Up to 12 hours

3

Yes

6 hours must be directly related to producer LOA

3 hours of NFIP course

8-hour initial certification, with 4 hours of LTC-specific training each renewal cycle thereafter specific to the Kentucky LTC Insurance Partnership Program

One-time, 4-hour course

Unless exempt, adjusters must complete 24 CE hours on biennial basis. Three of the 24 hours must cover ethics.

https://ssoexternal.chfs.ky.gov/adfs/ls/?wa=wsignin1.0&wtrealm=http%3a%2f%2fssointernal.chfs.ky.gov%2fadfs%2fservices%2ftrust&wctx=603908f9-1f3c-49ac-9c7d-374842072d09&wct=2021-07-01T17%3a17%3a13Z&rp-realm=https%3a%2f%2finsurance.ky.gov%2fdoieservices%2fdefault.aspx

Life settlement brokers must complete at least 3 hours CE specific to life settlement

https://agentsync.io/blog/individual-producers/insurance-continuing-education-kentucky