How To Become An Insurance Agent In Wisconsin
What Kind Of Agent Are You Going To Be?
A majority of people who are applying for their insurance license have a plan in already in place of where they are going to use it. If you don't yet have a plan on how you will be using your insurance license, this is the place to start. Here are some of the questions that you should ask yourself:
- What type of insurance am I going to sell?
- Am I starting my own agency, or working inside of an existing agency?
- It may depend on how your agency is set up to tell you what type of licenses you need to hold.
- What types of licenses does my company require me to hold?
Answering these questions should give you tell you the types of insurance licenses you need. If you are still unsure of which lines to pursue, you can always ask the folks in the state licensing office at 614-644-2665 or email the License Department.
How To Get Your Insurance License In Wisconsin
The first step in getting a Wisconsin insurance license is taking pre-license education courses. These are state required courses pertaining to the subject matter that will be on the license exam. To fill the pre-license requirement, you must complete twelve (12) hours of education coursework per line of authority that you wish to hold. There is also an eight (8) hour course on principles of insurance that you must take. You will receive a certificate upon completion of the course. Keep this certificate, as you will need it when taking your exam.
Most applicants choose to take these courses online, as it fits their schedule better, but there are also in person courses available. You should choose which format in which to take your courses based on your preferred method of learning. The goal isn't just to get the courses out of the way, it's to prepare you to pass your license exam on the first attempt.
StateRequirement recommends Kaplan Education Company for all pre-license education courses.
You can find a list course of approved Wisconsin pre-license education providers on the State Based Systems Wisconsin Pre-Licensing Education Search Tool.
Fingerprinting And Background Check
Wisconsin requires that all insurance license applicants provide fingerprints prior to licensing. Giving your fingerprints will initiate a background check. If you have any prior misdemeanors or felonies, this may affect the outcome of your licensing efforts. For more information on this topic, call the Department of Insurance at 614-644-2665 or email the License Department.
The fee for having fingerprints taken is $39.25
You must complete your fingerprints with Fieldprint Fingerprinting.
Give the code FPWIOCIInsurance when scheduling your appointment. Fieldprint will automatically send your fingerprints to the state.
Insurance License Exams
The next step after completing all of your pre-license coursework is to take the insurance exam. You will take one exam for each line of insurance you wish to carry.
This is a proctored test, which means that you will be in a controlled environment with a person watching you. For people who haven't tested in a situation like this should be aware of this fact, and work on taming their nerves prior to sitting for the exam.
The fee for each attempt of the exams is $75. When you show up you must have a photo ID and the original pre-license education certificate.
Each of the exams consists of one hundred (100) questions. You have two hours (2:00) to complete the test. The minimum passing score is 70% correct answers.
Prometric provides content outlines for each test. Be sure to study them before attempting the exam:
Check out our Insurance Exam Guide. It's extremely in-depth, and will hopefully help you pass the first time.
Insurance license tests are intentionally difficult, but not impossible by any means. You should study to the point of comfortability with the information before you attempt the test. Failing the exam isn't the end of the world, but keep in mind that you will need to pay the fee each time you attempt the test.
Note: StateRequirement recommends that you study for one exam at a time, then after passing, starting on your next line. The exams are difficult enough on their own without confusing information from one line to another.
You may register to take your exams on the Prometric Wisconsin Insurance page. For much more information on the exams, reference the Prometric Wisconsin Insurance Licensing Information Handbook.
Once you have completed your exams and fingerprinting, you are now ready to apply for your license. If you have more than one line of authority that you have passed the exam for, be sure to apply for all of those lines.
You must wait seventy-two (72) hours after passing the exams before you submit your application.
The fee for an online application is $10, plus a $5 NIPR fee, for a total of $15.
Fill out your online application on the NIPR Wisconsin page.
Once you have submitted your application and have filled all the other requirements, your license application will be reviewed by the state. Your background check will also be reviewed.
If everything is to acceptable standards your license should be issued quickly. There are cases when the fingerprints returning will hold up the review time. If there are any items from your background check that need to be reviewed, it may slow down the process of issuance. If this is the case, the state may contact you to provide context to the issues that they have run into.
After submitting your application it should take about two weeks for the review process to complete. When your license is issued you will receive an email from the license department with verification.
You've done the work, put in the time and effort, and now hold the key to your own success! We're proud of you. Take five (5) minutes and celebrate.
Information on this page has been gathered by a multitude of sources, and was most recently updated in November 2016.
Any Information on this site is not guaranteed or warranted to be correct, accurate, or up to date. Huge Hammer LLC and its members and affiliates are not responsible for any losses, monetary or otherwise. For more information, please contact your state's authority on insurance.
Disclosure: StateRequirement has an affiliation with Kaplan Education company, and may receive compensation based on user activity on this site. We truly believe that Kaplan offers excellent products and services, and compliments the mission of StateRequirement.