Can I sell in states that I am not licensed in?

[SF_Anon]

https://www.michigan.gov/difs/legal/hearings-decisions/directors-orders

https://www.michigan.gov/difs/legal/hearings-decisions/final-decisions

Browse some of those, you'll eventually find people who get fined and lose their license by selling in a state they're not licensed in.

Its good that you asked the question! But any suggestion other than "go to NIPR.com and get a non-resident license for the other states you want / need" is playing with fire.

Edit: Hah, very first one on the list:

https://www.michigan.gov/difs/-/media/Project/Websites/difs/FD/2024/January/David_John_Henry_22-16731.pdf?rev=ea4c484265fa4ef6811656afb09814a8

Suspended license and a $1,000.00 fine, because someone thought they could skirt the system.

 

[goillini52]

https://www.michigan.gov/difs/legal/hearings-decisions/directors-orders

https://www.michigan.gov/difs/legal/hearings-decisions/final-decisions

Browse some of those, you'll eventually find people who get fined and lose their license by selling in a state they're not licensed in.

Its good that you asked the question! But any suggestion other than "go to NIPR.com and get a non-resident license for the other states you want / need" is playing with fire.

Edit: Hah, very first one on the list:

https://www.michigan.gov/difs/-/media/Project/Websites/difs/FD/2024/January/David_John_Henry_22-16731.pdf?rev=ea4c484265fa4ef6811656afb09814a8

Suspended license and a $1,000.00 fine, because someone thought they could skirt the system.

You're a dickhead.

 

[Trg3]

https://www.michigan.gov/difs/legal/hearings-decisions/directors-orders

https://www.michigan.gov/difs/legal/hearings-decisions/final-decisions

Browse some of those, you'll eventually find people who get fined and lose their license by selling in a state they're not licensed in.

Its good that you asked the question! But any suggestion other than "go to NIPR.com and get a non-resident license for the other states you want / need" is playing with fire.

Edit: Hah, very first one on the list:

https://www.michigan.gov/difs/-/media/Project/Websites/difs/FD/2024/January/David_John_Henry_22-16731.pdf?rev=ea4c484265fa4ef6811656afb09814a8

Suspended license and a $1,000.00 fine, because someone thought they could skirt the system.

Wow! I definitely do not want to do anything unethical. Thank you for sending this, interesting stuff. I'm not with Primerica but I seen someone promote on a self made flyer their agents are licensed in all states when they begin. Thought that was a red flag …

 

[Tahoe Ray]

Wow! I definitely do not want to do anything unethical. Thank you for sending this, interesting stuff. I'm not with Primerica but I seen someone promote on a self made flyer their agents are licensed in all states when they begin. Thought that was a red flag …

They probably mean that they're licensed to sell securities in every state.

There is no way that new Primerica reps are licensed in every state to sell insurance.

 

[myinsurebiz]

Hello everyone,
I am new here and have a quick question. I am very green in the life insurance world. I've gotten several potential clients asking for quotes from different states. I'm only licensed in CA as of now. How would I go about getting those clients insured? Is this something I can do? I'm with a non captive IMO

Just get a non res license and stay out of jail . . .

 

[mudhound]

I have found that getting lic in EVERY state is near useless. Unless you are writing a crap ton of business.

 

[Tahoe Ray]

I have found that getting lic in EVERY state is near useless. Unless you are writing a crap ton of business.

It's not that crazy if you market nationally, source leads nationally, or work remote/online.

There are few reasons (outside of employment requirements) to get licensed in every state out of the gate.

Pick up the big ones that are a PIA about licensing (NJ, FL, NY, CA) and then the rest you can just add as the opportunity presents itself.

If you're around long enough, eventually you'll be licensed in every state (assuming you keep renewing).

 

[WinoBlues]

and then the rest you can just add as the opportunity presents itself.

If you're around long enough, eventually you'll be licensed in every state (assuming you keep renewing).

a few times.

 

[Tahoe Ray]

a few times.

I would prefer you not to be licensed in other states.

 

[WinoBlues]

I would prefer you not to be licensed in other states.

You are safe in NY.

The new NV case is well below your $5,000mo min.
Oh, and besides, you upscale rural Nevadaites have carved LV out, haven't you?