Agent/Agency > Licensing > License Types/Fees
Types of Individual Intermediary or Agent Licenses
Section Ins 6.50, Wis. Adm. Code
| Major Lines | |
| Accident & Health—Insurance coverage for sickness, bodily injury or accidental death and may include benefits for disability income (includes credit accident & health, disability, long-term care, Medicare supplement). | |
| Casualty—Insurance coverage against legal liability, including that for death, injury or disability or damage to real or personal property (includes auto*, homeowners*, fidelity, steam boiler, title, worker's comp., debtors, credit unemployment, prepaid legal expense, surety, town mutual nonproperty, mortgage guaranty, gap, errors and omissions). | |
| Life—Insurance coverage on human lives including benefits of endowment and annuities and may include benefits in the event of death or dismemberment by accident and benefits for disability income (includes credit life, pre-need funeral expense, fixed annuities, index annuities**). | |
| Personal Lines P&C—Property and casualty insurance sold to individuals and families for primarily noncommercial purposes.*** | |
| Property—Insurance coverage for the direct or consequential loss or damage to property of every kind (includes auto*, homeowners*, fire, hail, wind, livestock mortality, inland marine, crop, pet, mechanical breakdown, gap plus, window etching, identity theft). | |
| Variable Life/Variable Annuity—Insurance coverage provided under variable life insurance contracts and variable annuities (residents must hold a valid life license and proof of FINRA registration for series 6 or 7). | |
| * | To sell auto and/or homeowners insurance, an agent must hold both property and casualty lines. |
| ** | To sell variable life and variable annuity products, an agent must hold both life and variable life/variable annuities lines. |
| *** | Personal Lines P&C is not needed if the agent holds property and casualty lines of authority. |
| Limited Lines | |
| Credit—Credit life, credit disability, credit property, credit unemployment, involuntary unemployment, mortgage life, mortgage guaranty, mortgage disability, guaranteed automobile protection (gap) and any other form of insurance offered in connection with an extension of credit that is limited to partially or wholly extinguishing that credit obligation that the commissioner determines should be designated a form of limited line credit insurance. | |
| Crop—Insurance providing protection against damage to crops from unfavorable weather conditions, fire or lightning, flood, hail, insect infestation, disease or other yield-reducing conditions or perils provided by the private insurance market, or that is subsidized by the Federal Crop Insurance Corporation, including Multi-Peril Crop Insurance. | |
| Legal Expense—Insurance that covers only legal expenses incurred by or provided to an individual or business. | |
| Surety—Insurance or bond that covers obligations to pay the debts of, or answer for the default of another, including faithlessness in a position of public or private trust. | |
| Title—Insurance against loss by reason of defects in titles to property. | |
| Travel—Insurance coverage for trip cancellation, trip interruption, baggage, life, sickness and accident, disability and personal effects when limited to a specific trip and sold in connection with transportation provided by a common carrier. | |
Obsolete Lines of Authority (Licenses held in these lines remain active, however, they are no longer offered to new applicants): Windstorm; Fidelity; Mortgage Guaranty; Hail; Town Mutual Nonproperty; Automobile
General Fees
| Resident/Exam | |||
| $ 75.00 | - | One line of authority | |
| 150.00 | - | Two lines of authority | |
| 35.00 | - | Biennial Regulation Fee (license renewal fee) | |
| 10.00 | - | Electronic Application Fee | |
| 70.00 | - | Reinstatement Application Fee | |
| Nonresident | |||
| $ 75.00 | - | One line of authority | |
| 150.00 | - | Two lines of authority | |
| 225.00 | - | Three lines of authority | |
| 300.00 | - | Four lines of authority | |
| 375.00 | - | Five lines of authority | |
| 70.00 | - | Biennial Regulation Fee (license renewal fee) | |
| 140.00 | - | Reinstatement Application Fee | |
| Insurance Intermediary Firm Licensing (not mandatory in Wisconsin) | |||
| $100.00 | - | Application Fee | |
| 35.00 | - | Resident Biennial Regulation Fee (renewal by February 15 of even numbered years) | |
| 70.00 | - | Nonresident Biennial Regulation Fee (renewal by February 15 of even numbered years) | |
| Managing General Agent Firm Reinsurance Firm | |||
| $100.00 | - | Application Fee | |
| 35.00 | - | Resident Biennial Regulation Fee (by February 15 of even numbered years) | |
| 70.00 | - | Nonresident Biennial Regulation Fee (by February 15 of even numbered years) | |
| Surplus Lines Resident/Nonresident | |||
| $100.00 | - | Application Fee | |
| 100.00 | - | Annual Regulation Fee (license renewal fee) | |
| Life Settlement Broker Life Settlement Firm | |||
| $750.00 | - | Application Fee | |
| 250.00 | - | Annual Regulation Fee (July 1) | |
| Managing General Agent Individual Reinsurance Intermediary Individual | |||
| $75.00 | - | Application Fee | |
| 35.00 | - | Resident Biennial Regulation Fee (license renewal fee) | |
| 70.00 | - | Nonresident Biennial Regulation Fee (license renewal fee) | |
| Individual Employee Benefit Plan Administrator | |||
| $100.00 | - | Application Fee | |
| 100.00 | - | Annual Regulation Fee (license renewal fee by August 1 each year) | |
| Appointment Billings Initial & Renewal | |||
| $16.00 | - | Resident (companies are billed annually) | |
| 50.00 | - | Nonresident (companies are billed annually) | |