How to Get a Life Insurance License in Delaware

Written by: Mary Gerardine

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How to Get a Life Insurance License in Delaware

Getting your Delaware life insurance license is the first step towards becoming a life insurance agent in the state.

The Delaware Department of Insurance (DDOI) requires you to complete a five-step process to become a life insurance agent in Delaware — from taking the life insurance exam to applying for a license.

These steps will take a few weeks to complete so we recommend you bookmark this page so you can use it as a reference throughout the process.

How to Get Your Delaware Life Insurance License

  1. Complete a Delaware Insurance Pre-license Course (Kaplan Education Company – $149+)
  2. Take the Delaware Life Insurance Licensing Exam (Pearson VUE – $90)
  3. Get a Fingerprint-Based Background Check (Delaware State Police – $75)
  4. Complete a Delaware Life Insurance License Application (National Insurance Producer Registry (NIPR) – $100 application fee + $5.60 transaction fee)
  5. Watch for Your Application Results

Life Insurance License Delaware

Obtaining your Delaware life insurance license isn’t difficult. Just follow these five steps to start your journey toward becoming a life insurance agent. Once you earn this license, check out our guide on how to get your Delaware property and casualty (P&C) license as well.

Step 1: Complete a Delaware Insurance Pre-license Course

Before you take the Delaware life insurance licensing exam, it’s important to make time to acquire the knowledge you’ll need to pass this exam on your first attempt. Completing a pre-license education course will equip you with the necessary information and tools you’ll need to prepare for your exam.

While Delaware doesn’t have any formal pre-license education requirements, most insurance professionals opt to take a pre-license education course online. Others purchase books or self-study materials to prepare themselves for the exam.

A pre-license education course provides very specific industry knowledge that will be tested during the exam. There is very little information on the test that could be considered “common sense”. Pre-license education courses are self-paced and include study materials like practice exams and flashcards.

Beyond helping you effectively prepare for and pass the life insurance licensing exam on your first try, taking a pre license education course also will give you a solid understanding of your duties as a life insurance agent.

Recommended

Doing a pre-licensing education course dramatically increases your chance of passing your exam on your first attempt, which can end up saving you both time and money in the long run. For pre-licensing education, StateRequirement recommends:

4.7 out of 5 starsKaplan Education Company

Step 2: Take the Delaware Life Insurance Licensing Exam

After you complete a prep course and your own independent studying, it’s time to take the Delaware life insurance exam.

Delaware uses Pearson VUE as its official testing service for delivering licensure exams.

The Delaware life insurance exam outline contains a total of 90 scored questions that cover two sections: general and state-specific knowledge. The general section deals with basic life insurance product knowledge. The state-specific section covers insurance concepts and terms, rules, regulations, and practices specific to Delaware.

You’ll have 135 minutes to complete the exam. The Delaware life insurance exam fee is $90, which you must pay at the time of reservation by credit card, debit card, or voucher. The exam is a proctored test, meaning an official proctor will closely monitor you in a controlled environment.

Pearson VUE also allows Delaware exam takers to earn a “partial pass” score. That means you don’t have to retake the full exam if you pass one section, but not the other. You only have to retake the section you failed on your previous attempt. You have up to one year to pass the other section of the exam. 

Pearson VUE will electronically send your exam results to the DDOI.

Tip

Check out our in-depth insurance exam guide for tips to help you pass on the first attempt.

The best way to understand if you are prepared for the test is to take a Life Insurance Practice Exam.

Step 3: Get a Fingerprint-Based Background Check

After you take the Delaware life insurance exam, you must schedule your fingerprinting appointment with the Delaware State Police by calling them at (302) 739-2528. The fee for fingerprinting services is $75. The fee will cover the cost of your state criminal background report and fingerprint card to submit to the FBI.

Go to the FBI’s Identity History Summary Checks page for instructions on how to submit your fingerprint card.

After completing your fingerprinting and criminal history background check, you must fax the reports to the DDOI at (302) 736-7906.

Step 4: Complete a Delaware Life Insurance License Application

Once you pass the life insurance exam and complete the background check, you can apply for your Delaware life insurance license. The application fee is $100, and you must apply online via the National Insurance Producer Registry (NIPR). The NIPR also will charge Delaware applicants a $5.60 transaction fee for a total of $105.

The DDOI will issue a life insurance license to individuals who are at least 18 years old and have passed the proper licensing exam. The DDOI only accepts electronic license and renewal applications through the NIPR.

To apply for a life insurance license in Delaware, make sure you comply with the insurance licensing requirements as defined under the Delaware Insurance Code and the Delaware Administrative Code.

Send any questions or supporting documents to licensing@delaware.gov.

Step 5: Watch for Your Application Results

After you complete the previous four steps, the DDOI will review your application and background check. It reviews filings in the order it receives them, and this process usually takes two weeks from the date you mail your application.

Once issued by the DDOI, you can print your license from the NIPR website. There’s no charge to create an account or print a license. You can search and manage your license by visiting the National Association of Insurance Commissioners (NAIC) State Based Systems (SBS) Delaware Lookup tool.

Congratulations!

You’re now ready to get started as a life insurance agent in Delaware.

Steps After Securing Your Delaware Life Insurance License

Once you complete the above steps and have your Delaware life insurance license, there are a few steps you’ll need to take in order to a) excel as an insurance agent, and b) maintain your life insurance license.

Let’s take a brief look at these below.

Obtain All Relevant Securities Licenses

If you’re planning on selling advanced life insurance products, you’ll likely need to pass the Securities Industry Essentials (SIE) exam and obtain the relevant securities licenses (e.g., Series 6, 7, and 63).

For more information on this step, you can have a look at our in-depth Securities Licensing overview.

Choose a Means of Selling

You’ll have to decide whether you’d prefer working as a captive agent employed by one company, or running your own business as an independent agent.

If you’re just starting out, you’ll likely benefit from working as a captive agent, but this will ultimately depend on your personal aspirations and opportunities.

Develop Your Marketing Approach

To succeed as an insurance agent, you’ll need to adopt a marketing approach that’s effective for you.

We recommend finding and sticking to a niche, as well organizing all client appointments for the start of your week. This is because this can improve your overall client conversions.

Keep Your License Valid

In Delaware, you must complete 24 hours of continuing education (CE) every two years to renew your license. Of those 24 hours, three must focus on ethics and consumer protection. 

For every hour of CE you fail to complete on time, you’ll need to pay a $200 CE late fee. You also will not be able to renew your license until you complete your CE hours and pay any outstanding fines.

Keep in mind that your license will need to be renewed between December 1 and the last day of February. 

The CE provider will report the successful completion of your CE courses to the DDOI. Once this process is complete, the DDOI will renew your license and set your new expiration date as the last day of February in the next even-numbered year. The renewal fee is $100.

Note: The DDOI only accepts electronic license and renewal applications, meaning that you’ll need to renew via the NIPR.

For a more in-depth look at each one of these steps, check out our Steps After Getting Your Insurance License guide.

Delaware Department Of Insurance Contact Information

Mailing Address

Delaware Department of Insurance
1351 West North Street, Suite 101
Dover, DE 19904

Phone: (302) 674-7390

Email: licensing@delaware.gov

Website: https://insurance.delaware.gov/ 

License Search: Delaware Insurance License Lookup

Delaware Life Insurance License FAQ

How much does it cost to get a life insurance license in Delaware?

Getting a life insurance license in Delaware includes paying for the insurance pre-license education course (starts at $149), state licensing exam via Pearson VUE ($90), fingerprint-based background check via Delaware State Police ($75), and submission of license application via NIPR ($100 + $5.60 transaction fee).

How long does it take to process a life insurance license application in Delaware?

The life insurance application process typically takes around two weeks to complete. Once you’ve applied, you can check the status of your license status via NIPR or by contacting the Delaware Department of Insurance’s Producer Licensing Division for more information.

Can I get a temporary life insurance agent license in Delaware?

No. You cannot get a temporary life insurance agent license in Delaware. The Delaware Department of Insurance does not issue temporary licenses for any type of insurance. You need to complete the regular licensing process through the Insurance Commissioner’s Office.

Do I need to get my securities license on top of a life insurance license in Delaware?

Probably. It depends on what kind of securities you want to sell. If you want to sell variable life insurance or annuities, you need to get a securities license in addition to a life insurance license in Delaware. However, you’ll need FINRA accreditation to obtain your securities license.

What can I sell with a life insurance license in Delaware?

With a life insurance license in Delaware, you can sell life insurance policies that pay a beneficiary upon an insured person’s death, and sell annuities that pay a set income at retirement. However, if you want to sell health insurance products, you need to obtain a health insurance license or a combined life and health insurance license.

How much can you make with a life insurance license in Delaware?

According to the latest Ziprecruiter data, In Delaware, the average salary for a life insurance agent is approximately $81,387 per year, which equates to about $39.13 per hour. Take note that the pay depends on factors such as experience, skills, performance, and location.

What are the limitations of a Delaware life insurance license?

A Delaware life insurance license only allows selling life policies, retirement plans, and annuities. A securities license added on top of your life license enables you to sell securities such as stocks and bonds. You can apply for multiple licenses to sell other types of insurance products, such as the combined life and health insurance license.

How hard is it to get a life insurance license in Delaware?

The process of obtaining a life insurance license in Delaware requires a good understanding of insurance principles and Delaware-specific regulations. While challenging, getting your Delaware insurance license is achievable with dedicated study and focus on passing the state exam, as well as having a clear understanding of the insurance industry’s ethical and regulatory aspects.

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