insurance licensing

Insurance licensing is the official authorization that allows individuals or companies to sell and service insurance products legally. It ensures that agents and brokers have met specific requirements, such as training and exams, to understand insurance policies and industry practices. Licensing protects consumers by ensuring only qualified professionals handle insurance transactions. The process varies by location but generally involves applying through a regulatory authority, passing licensing exams, and fulfilling continuing education requirements to maintain licensure. This system helps uphold industry standards and fosters trust between consumers and insurance providers.