This means agents of any insurance company ��� private or public sector, life and general ��� can sell mediclaim and health plans of any other company. However, not all life insurers have started selling health insurance policies though all the non-life companies have more than one version of the product.

Do you need a license to sell insurance?

You’ll want to be sure to review the resident and non-resident requirements for your state carefully. Insurance producers must be licensed for each line of authority that they sell. You can be licensed for more than one line of authority, but in many states you must take separate pre-licensing training courses and exams for each line.

What are the requirements for an insurance agent license?

No fingerprinting or background check required, but applicant must provide two forms of identification at exam 20 hours for life; accident, health and sickness; property; casualty; and personal lines 50 hours for life, accident and health, property, casualty, property and casualty, and personal lines

What kind of insurance do you need for a small business?

There’s only one policy you’re legally required to have as a small business, and that’s employers’ liability insurance (EL). EL covers your business in the event that one of your staff members claims they’ve suffered an illness or injury as a result of working for you. It covers any legal and compensation costs involved in defending the case.

What kind of insurance do I need to sell my car?

Auto Insurance – This is the most common type of insurance policy sold, as every state requires all drivers to carry insurance on their car or truck when driving on public roads. Auto insurance protects drivers from the financial impacts of causing or being involved in a car accident. Selling auto insurance requires a property & casualty license.