Insurance 220 License - How to get an Insurance 220 License

The Insurance 220 license is a license for general line agents. With this license, an agent can market a broad range of insurance products, such as homeowners’ insurance, auto insurance, and property and casualty insurance.

It makes it possible for you to work in the insurance sector in the US for a highly-paying salary. It also gives you the ability to work for an accredited insurance company. The license holder is typically authorized or designated to sell goods from each of the participating companies.

What is Insurance 220 License?

A license is necessary if you want to work as an agent for an insurance company in Florida. It is Florida’s most comprehensive property-casualty agent license.

It permits agents to sell property, casualty, surety, health, marine, and other lines of insurance after they have been appointed by an insurance company.

The person needs to pass the state licensing exam and finish the pre-licensing course to obtain a 220 license. For instance, the 200-hour pre-licensing course in Florida covers subjects like insurance policies, laws, and regulations.

What Types of Insurance Can Be Sold with an Insurance 220 License?

Here is what you are authorized to offer:

Property insurance: This includes protection against risks like fire, theft, and natural disasters for houses, buildings, and other real estate properties.
Casualty insurance: It covers liability risks, such as bodily injury or property damage caused by the insured party for example general liability insurance for businesses and auto liability insurance, etc.
Surety bonds: Provides financial assurances for particular obligations or contracts. Common examples are performance bonds and contractor bonds.
Health insurance: The 220 license entitles you to sell health insurance even though its primary focus is property and casualty insurance. A 2-40 health license will be automatically issued by the Florida Department of Financial Services (FLDFS) if you obtain an appointment through a health insurance carrier.
Marine insurance: Covers marine activities, ships, and cargo risks. Examples include hull insurance and marine cargo insurance.

Miscellaneous lines include a variety of other insurance kinds that are not specifically classified. Travel insurance, pet insurance, and specialty coverage are a few examples.

Requirements to Obtain the Insurance 220 License

The requirements include the following:

You must be above 18 years of age.
You must be a resident of the State of Florida.
You must have a Social Security Number (SSN).
You must have a work permit.

You must be a US citizen or legally residing foreigner with a green card.

CHECKOUT: Insurance Sales Jobs – How Much do Insurance Sales Agents Earn

How to get an Insurance 220 License

Here are the guidelines to obtain this license:

If you have no prior experience, you have two options: either enroll for classroom training and attend a 4-day exam preparation program offered by a reputable training provider or an online self-study by taking a 200-hour 24/7 online qualification course.
If you have prior experience, (e.g., possess a 4-40 CSR or Personal Lines license) you can complete a 40-hour qualification program.
Apply for your license after creating a profile with the Department of Financial Services by clicking https://dice.fldfs.com/public/pb_index.aspxend
Within 24 hours of finishing your course, the department will send you proof of completion if you send in the required prerequisite(s).
You must be fingerprinted. However, unless the Department of Financial Services specifically requests it, you are not obliged to have your fingerprints taken again if you currently hold any other insurance licenses in Florida and have had your fingerprints taken for the Department of Financial Services within the last 48 months.
Visit Pearson Vue by clicking on https://home.pearsonvue.com/fl/insurance to register for the state exam.

Wait until the state notifies you that your license has been issued.

Frequently Asked Questions

Here are some frequently asked questions.

What is a 220 Insurance License?

It is a type of insurance that allows individuals to sell property and casualty insurance. This kind of insurance covers homes, businesses, and both private and commercial vehicles.

How can I Qualify for a 220 License insurance?

One can become eligible for a 2-20 license in several ways:

Passing the state exam and finishing a 200-hour licensing program at an authorized institution.
Possessing at least 15 semester hours of property-casualty coursework to waive the 200-hour course, or have at least one year of relevant insurance experience within the last four years, and pass the state exam.
Possess the designation of Certified Property-Casualty Underwriter (CPCU), which exempts one from taking the exam.

What can I do with a 220 Property and Casualty General Lines Agent License?

This enables an individual to:

Open their own independent insurance company
Appoint a 4-40 customer service agent (4–40)
Sell property and casualty insurance, including health insurance.

Conclusion

Having a 220 license may be helpful for individuals seeking to increase their income because it enables you to sell a greater variety of insurance products. However, it is crucial to remember that the Florida Department of Financial Services oversees this license.