Licensed in 43 States- Easiest Way to Resign in All?

May 10, 2016

  1. iuecon99
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    iuecon99 Expert

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    I was employed by a company to sell auto insurance. I quit the job and have no intention of using my P&C license. The company got me licensed in 42 states in addition to my home state.
    How do I resign all 43 licenses? I do not have hard copies of the licenses as the company retained all paperwork. Don't really want to call every single state. Any ideas? Many thanks.
     
    iuecon99, May 10, 2016
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  2. indienoise
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    Someone correct me if I'm wrong, but if you cancel your resident license the rest are no longer valid by default.
    If you're not planning to sell p&c again, you could just let them expire without any phone calls...
     
  3. xrac
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    Just let them expire.
     
    xrac, May 10, 2016
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  4. shawnmwalker
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    I am with Zrac... .Whats the prob with letting them expire?

    Also, what are you moving on to?
     
  5. iuecon99
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    Thanks guys. I had thought about letting them expire, until I got a letter from North Carolina Department of Insurance saying the post office notified them I moved and I had to either send them $50 or send them the hard copy of my license. I can't do that as the company retained it. I can't imagine they would pursue anything though, it's not like I'm trying to sell insurance without a license or anything.

    As far as what I'm moving on to- good question! I'm temping now and looking for any and all jobs, and considering going back to school. Don't think I'm cut out for insurance sales. The company I worked for required us to add on AD&D even if it was not in the customer's best interest, which was the main reason I quit.
     
    iuecon99, May 10, 2016
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  6. shawnmwalker
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    Big (Great) Industry. Might be best to try it one more time somewhere else. On your terms. Education is great too.
     
  7. indienoise
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    REQUIRED to sell AD&D?
    Were you selling nonstandard auto?
     
  8. iuecon99
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    Thanks- I could see possibly getting health/life license and trying that.

    ----------

    They kept track of what percentage of policies you attached AD&D rider to. Agents were encouraged to just throw it on there and if necessary lie and say it was required by law. AD&D is a terrible deal for the consumer.

    Some nonstandard auto, yes. Not all.

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    Well, cancelling the resident state license doesn't cancel the non-resident. And it can't be done through NIPR. So I have to contact each of the other 42 states individually. Doesn't seem possible- just to have the privilege of not selling insurance.:1smile::D
     
    iuecon99, May 12, 2016
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