Business Entity Licensing Requirements for Non-Resident Applicants
Licensing Requirements for Non-Resident Applicants
The documents to be submitted with the business entity application Form LIC 441-11 will vary depending on the type of license. The following chart lists the documents that are to be submitted by the applicant with the * LIC 441-11 to the Producer Licensing Bureau. Please select the highlighted form numbers to retrieve the needed forms.
License Type | Bond | Appointment |
---|---|---|
Life Agent | Not Applicable | |
Property Broker-Agent | ||
Casualty Broker-Agent | ||
Personal Lines Broker-Agent | ||
Surplus Line Broker | Not Applicable | |
Credit Insurance | Not Applicable | |
Special Lines' Surplus Line | Not Applicable |
- Power of Attorney must be submitted when filing a bond. The Power of Attorney is an authorization from the surety company for an individual to assume responsibility to sign and deliver bonds. A Jurat must also be submitted with the Power of Attorney. The Jurat states, by a Notary Public, that the bond was executed before them in the State of California. Both the Power of Attorney and Jurat must be the original documents signed by a representative of the business entity.
- Business Entity Endorsement Form LIC 411-8A is submitted if an endorsee is not listed on the initial application and needs to be added after the license is issued.
- Fingerprint Impressions are required for unlicensed applicants.
Additional Requirements
Description | Requirement |
---|---|
Bond |
Required for: Surplus Lines ($50,000); Special Lines ($10,000); Cargo Shippers ($10,000) When acting in the capacity of a Broker, Personal Lines Broker-Agent ($10,000); Property Broker-Agent ($10,000); Casualty Broker-Agent ($10,000) |
Endorsee | Minimum of one California non-resident endorsee for Life-Only, Accident and Health, Property Broker-Agent, Casualty Broker-Agent, Personal Lines, Surplus Lines, Special Lines, and Credit Insurance. |