How to Get a Life Insurance License in Virginia

Written by: Kevelyn Rodriguez

Last updated:

Getting your Virginia life insurance license is the first step toward becoming a life insurance agent in the state.

The Virginia Bureau of Insurance requires you to complete a five-step process to become a life insurance agent in Virginia — 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 Virginia Life Insurance License

  1. Complete a Virginia Insurance Pre-license Course (Kaplan Education Company – $149+)
  2. Take the Virginia Life Insurance Licensing Exam (Prometric – $35)
  3. Get a Fingerprint-Based Background Check (Fieldprint – $35.72)
  4. Complete a Virginia Life Insurance License Application (Sircon – $15 application fee)
  5. Watch for Your Application Results

Life Insurance License Virginia

Obtaining your Virginia 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 Virginia property and casualty (P&C) license as well.

Step 1: Complete a Virginia Insurance Pre-license Course

Before you take the Virginia 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 Virginia 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 Course

Over 81% of our readers use Kaplan’s online courses — which come with a 93% pass rate — when preparing for their insurance license exam(s). For comprehensive study packages, StateRequirement recommends:

4.5 out of 5 starsKaplan Education Company

Step 2: Take the Virginia Life Insurance Licensing Exam

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

Virginia uses Prometric as its official testing service for delivering licensure exams.

The Virginia life insurance exam outline contains a total of 90 scored questions that cover eight sections: 

  • Insurance Regulation
  • General Insurance
  • Life Insurance Basics
  • Life Insurance Policies
  • Life Insurance Policy Provisions, Options, and Riders
  • Annuities
  • Federal Tax Considerations for Life Insurance and Annuities
  • Qualified Plans

You’ll have 120 minutes to complete the exam. The Virginia life insurance exam fee is $35, 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.

If you happen to fail the Virginia life insurance exam, you can schedule a time to retake it as soon as 24 hours after your first attempt. There’s no limit to the number of attempts you can make on the same exam.

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 Virginia Fingerprint Based Background Check

After you take the Virginia life insurance exam, you must get a fingerprint-based background check from Fieldprint. The fee for a criminal history record report is $35.72 to cover the cost of comparing your prints against criminal history records. 

To set up a fingerprinting appointment, go to the Fieldprint website or call 877-614-4364. Use code FPVABOICHRR to create a secure user account when making your appointment via Fieldprint.

At your fingerprinting appointment, you’ll receive a receipt. Don’t throw it away! Keep the original receipt for your records.

After completing your fingerprint-based background check, you must submit your license application within one year of passing the licensing exam. If you fail to do so, you’ll need to retake the exam.

Step 4: Complete a Virginia Life Insurance License Application

Once you pass the life insurance exam and complete the background check, you can apply for your Virginia life insurance license. The application fee is $15, and you must apply online via Sircon.

The Virginia Bureau of Insurance will issue a life insurance license to individuals who are at least 18 years old and have passed the proper licensing exam. You should submit your completed license application within 12 months of passing the exam.

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

Send any questions or supporting documents to agentlicensing@scc.virginia.gov.

Step 5: Watch for Your Application Results

After you complete the previous four steps, the Virginia Bureau of Insurance will review your application and background check. It reviews applications in the order it receives them, and this process usually takes 15 to 20 business days from the date you submit your application.

Once the Virginia Bureau of Insurance finishes reviewing your application, it’ll email you with its decision or ask you to provide more information.

You can print your license from the Sircon website. There’s no charge to print a license. If you don’t remember your license number, you can find it by using the Virginia Bureau of Insurance Agent Search tool.

Congratulations!

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

Recommended: Over 81% of our readers use Kaplan’s online courses — which come with a 93% pass rate — when preparing for their insurance license exam(s). For comprehensive study packages, StateRequirement recommends:

4.5 out of 5 starsKaplan Education Company

Steps After Securing Your Virginia Life Insurance License

Once you complete the above steps and have your Virginia 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 Virginia, you must complete 16 hours of continuing education (CE) every two years to renew your license and keep it in good standing.

Out of these 16, three hours must relate to ethics, which may include Virginia Insurance Law and Regulations.

To avoid delays in renewing your license, you should generally aim to complete all continuing education hours at least 90 days before your license expires.

This will give your CE provider enough time to report your completion to the Virginia Bureau of Insurance. 

Keep in mind that there is a $10 fee per line of authority for renewals.

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

Virginia Bureau of Insurance Contact Information

Mailing Address:

State Corporation Commission
Bureau of Insurance
P.O. Box 1157
Richmond, VA 23218

Phone: 804-371-9631

Email: agentlicensing@scc.virginia.gov

Website: https://www.scc.virginia.gov/pages/Bureau-of-Insurance 

License Search: Virginia Insurance License Lookup

Virginia Life Insurance License FAQ

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

Obtaining a life insurance license in Virginia requires these fees:
Insurance Pre-license Education Course Fee: $149+ via Kaplan Education Company
Exam Fee: $35 via Prometric
Fingerprint-Based Background Check Fee: $35.72 via Fieldprint
Application Fee: $15 via Sircon

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

This process typically takes 15 to 20 business days. You’ll receive an email once the Virginia Bureau of Insurance reviews your application.

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

Yes. The Virginia Bureau of Insurance will issue a temporary life insurance license for a period of 180 calendar days in the following circumstances:
Upon the death of an agent to his personal representative, surviving spouse, employee, child, or next of kin.
Upon the inability of an agent to act because of sickness, injury, or mental incapacity to his spouse, child, next of kin, employee, or legal representative.
Upon the sale of the agent’s business to any person employed in the business. In the event no person is available and suitable for licensing and appointment, the Virginia Bureau of Insurance may license and appoint any other suitable person.
To an applicant who’ll serve as an appointed agent of a home service insurer with an assigned debit amount who’ll actually collect the premiums on insurance contracts during the period of their temporary license.
No exam is required. A non-refundable $15 per qualification per application processing fee is required. Prior to applying for the Temporary license, please contact the Agent Licensing Section either by phone (804) 371-9631 or by email at AgentLicensing@scc.virginia.gov.

Can I get an emergency life insurance agent license in Virginia?

No. An emergency license isn’t available for life insurance agents in Virginia.

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

Probably. While you can sell certain basic life insurance products with just a life insurance license, a securities license removes the limits on what you can sell and puts you in a much better career position. As a securities license holder, you can provide your clients with products tied to the securities market as part of their retirement and life insurance plans. But, you’ll need FINRA accreditation to obtain your securities license.

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

With a Virginia life insurance license, you can sell life insurance policies that pay a designated beneficiary when the insured person dies. You also can sell annuities that pay a set income at retirement.

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

According to ZipRecruiter, life insurance agents earn an average of $79,730 per year.

What are the limitations of a Virginia life insurance license?

Unless you have multiple licenses to sell various types of insurance products (e.g., the combined life and health insurance license), having a Virginia life insurance license only qualifies you to sell life insurance policies as well as retirement plans and annuities. You can’t sell other types of insurance. A securities license on top of your life insurance license removes that limitation and enables you to offer securities, including stocks and bonds.

Can I cancel my life insurance license in Virginia?

Yes. To cancel your license, email a completed Virginia Individual License Cancellation Request Form to AgentLicensing@scc.virginia.gov.

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

The process is quite simple! Follow the steps above and get started today!

Ready for more?

Start Studying

Learn More