Variable Life and Variable Annuity Authority
How do I add variable life and variable annuity authority to my life agent license?
To have variable life and variable annuity authority added to your license, you must be registered with the Financial Industry Regulatory Authority (FINRA) and approved for California. If you are an active life agent and wish to add variable life and variable annuity authority to your existing license you must log on to Simpligov.com and follow the on screen instructions. There is no fee to add the variable life and variable annuity to the life agent license.
Please note:
California Insurance Code section 1758.1 states that the Commissioner may grant authority to transact Variable Life and Variable Annuity to a person or a business entity licensed for Life which is appointed by an admitted insurer which is required to register itself or to register a separate account or fund with the United States Securities and Exchange Commission or to register its variable policies or contracts with the Securities and Exchange Commission.
California Insurance Code section 1758.3 states that the Commissioner shall not grant authority to transact variable life and variable annuity unless the life agent or applicant furnishes proof that the person is registered to sell securities in California in accordance with the rules of the United States Securities and Exchange Commission or the Financial Industry Regulatory Authority. Any authority granted to a life agent to transact variable life and variable annuity shall immediately terminate upon the life agent no longer being registered to sell securities in accordance with the rules of the United States Securities and Exchange Commission or the Financial Industry Regulatory Authority.
General Licensing Information
- Annuity Training
- Certificate of License Status
- Continuing Education
- Duplicate License
- License Changes
- Licensing Fees
- Long-Term Care
- Nonresident
- Prelicensing Education Certificate of Completion
- Renewal
- Variable Life and Variable Annuity Authority
Education Providers
If you need further assistance, please call the California Department of Insurance's (CDI) Producer Licensing Bureau at (800) 967-9331 or send an e-mail to Producer Licensing Bureau.
