South Carolina
Ray Farmer (Retiring)
South Carolina Department of Insurance
Appointments & Terminations
Yes
Yes
Within 15 days of contract execution or first business submission
JIT appointments permitted. Appointments must be submitted within 15 days of the date the agent/agency contract is executed or the first piece of business is submitted to the carrier
Yes
$40 for local & $100 for general producers
$40 for local and $100 for general producers
No
No
No
Not required and is the date transaction as processed by the state.
Yes
Via NIPR
The South Carolina renewal period is Sep 1 - 30. The Late Renewal Periods is Oct 1 - Dec 1.
General: $100 Local: $40 Travel: $20
Yes
Yes
Voluntary termination; inadequate production; death; company defunct or liquidation; company indebtedness; poor policyholder services; agent moved; appointed in error; request regulatory review
No
Not required and is the date the transaction is processed by the state
For 2022, the termination date is August 22.
No fee
Licensing
Resident New License Insurance Producer: $25 Resident New License Surplus Lines Broker: $200 Non Resident New License Insurance Producer: $25 Non Resident New License Surplus Lines Broker: $200
Resident: Reinsurance Intermediary Manager Renewal Fee: $200.00 Late Renewal Fee: $250.00 Adjuster Renewal Fee: $80.00 Late Renewal Fee: $160.00 Public Insurance Adjuster Renewal Fee: $80.00 Late Renewal Fee: $160.00 Appraiser Renewal Fee: $80.00 Late Renewal Fee: $160.00 Surplus Lines Broker Renewal Fee: $200.00 Late Renewal Fee: $400.00 Professional Bondsman Renewal Fee: $400.00 Late Renewal Fee: $2000.00 Runner Bondsman Renewal Fee: $200.00 Late Renewal Fee: $1000.00 Surety Bondsman Renewal Fee: $0.00 Late Renewal Fee: $250.00 Nonresident Insurance Producer Renewal Fee: $25.00 Late Renewal Fee: $75.00 Fee Disclaimers: $125 (31-60 days after expiration) $275 (61-180 days after expiration) Appraiser Renewal Fee: $80.00 Late Renewal Fee: $160.00 Surplus Lines Broker Renewal Fee: $200.00 Late Renewal Fee: $400.00
90 days before expiration
Last day of birth month every 2 years based on year of birth
Late renewal allowed up to 180 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 180 days after expiration
No
Yes
Residence, Business, and Mailing
Surplus Lines Broker, Casualty, Property & Casualty, Life, Public Insurance Adjuster, Insurance Producer, Health, Limited Lines Insurance Producer, Adjuster, Appraiser, Temporary Producer, Professional Bondsman, Runner Bondsman, Surety Bondsman, Pharmacy Benefit Manager
Yes
Included in Producer License Class. Insurers are not required to appoint Brokers per NAIC PLMA
If a producer wishes to place insurance with an insurer who has not appointed him, the agent may request that another agent appointed by that insurer write the business. The requesting agent may share in the commission from the business, as long as he is licensed to act as an agent for that type of insurance
No
Agency
No
Yes
No
90 Days prior to expiration date until Jan. 31st, even years. Late renewal period starts Feb. 1st on even years and ends 180 days after expiration date.
Yes
No
Main license meets requirements
Adjuster
Yes
Yes
Yes
AK, AL, AR, AZ, CT, DE, FL, GA, ID, IN, KY, LA, ME, MI, MN, MS, MT, NC, NH, NM, NV, OK, OR, TX, UT, VT, WA, WV
CA, HI, NY, PR, WY
Property, Casualty, Personal Lines, Crop, Workers Compensation, Surety, Marine Commercial Lines
Licensing Fee: $80 Reinstatement Fee: $80 Renewal Fee: $80 Late Renewal Fee: $160 If you are a non resident, check the state's retaliatory fees.
Yes
Biennially, on the last day of the individuals birth month.
Prior to allowing non licensed emergency adjusters, South Carolina requires that all resident and non resident adjusters licensed in the state of SC be utilized first.
Continuing Education
24
2 years
Yes
Last day of birth month
Year of birth
One week or more in advance of license expiration.
90 days prior to expiration date
Producers licensed only for limited lines of insurance and licensees who are at least 65 years old with 25 years or more of licensure in South Carolina can request an exemption from CE requirements. The following designations' credits count toward CE: Chartered Life Underwriter, Fellow Life Management Institute, Certified Financial Planner, Life Underwriter Training Council Fellow, Registered Health Underwriter, Registered Employee Benefits Consultant, or Chartered Financial Consultant for life/health lines of authority and Chartered Property Casualty Underwriter and Certified Insurance Counselor for property/casualty licenses.
License and appointment(s) expire the day following the biennial compliance deadline. Producers may reinstate the license and appointment(s) that have expired, if within six months of the compliance deadline, a $50 penalty fee has been paid to the Department of Insurance, and proof of completion of a total of 24 hours of continuing education credits has been received by the Continuing Education Administrator. The license and appointment(s) of a producer who do not provide documentation of compliance within six months of the compliance deadline will be made inactive. To become licensed again, the producer must retake and pass the appropriate producer licensing examination, complete a new application, submit to new fingerprints, and pay a license fee to the Department.
Yes
3
3 hours of NFIP course
8-hour initial certification, with 4 hours of LTC-specific training every two years
One-time, 4-hour course
https://agentsync.io/blog/individual-producers/insurance-continuing-education-south-carolina
Regulatory Updates
South Carolina Opens Emergency Adjuster Permitting Process
With Hurricane Ian expected to cause damage along the coast of South Carolina, the state will permit non-resident adjusters and motor vehicle damage appraisers to handle claims. No South Carolina license will be required for 60 days from 9/29/2022.
Securities Industry and Regulatory Council Publishes Playbook
This playbook is meant to help securities professionals better prepare for upcoming changes to the securities industry CE program.
South Carolina Updates CE Exemptions
The following are exempt from CE: Producers licensed for limited lines, non residents who met their home state's CE requirements, and licensees that are 65 years old and have been licensed for 25 years.
South Carolina Updates CE Exemptions
If a licensee is 65 years old with 25 years or more of licensure in South Caroline are exempt from the continuing education requirements.
South Carolina Adds CE Exemption
Insurance Producers with 25 years or more of licensure and are 65 years or older are exempt. If a portion of this licensure was in a different state, appropriate documentation from that state must be provided. .
FAQs
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How Do I Get an Insurance License in South Carolina?
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How Do I Get a State Adjuster License in South Carolina?
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How do I renew my insurance license in South Carolina?
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How do I renew my non-resident insurance license in South Carolina?
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How Do I renew My Non-Resident Adjuster License in South Carolina?
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How Do I Renew My Adjuster License In South Carolina?