South Carolina Insurance Licensing

Must be reported within 15 days of contract execution or first business.

Permitted, requiring submission within 15 days.

$40 for local appointments and $100 for general producers, both resident and nonresident.

Managed through the NIPR Portal with a renewal period from September 1 - 30, and a late renewal period from October 1 - December 1.

Can be processed via NIPR with no specified fee.

$25 for Insurance Producers and $200 for Surplus Lines Brokers.

Vary by type, with specific late fees and reinstatement charges.

Requires current residential, business, and mailing addresses.

Requires proper affiliations and periodic renewals.

Must comply with state regulations and reporting standards.

Details specific to adjusters, including fees and renewal periods.

Specific protocols for emergency situations requiring adjusters.

Licensees must complete 10 hours per line of authority (LOA) every two years.

The renewal period is biennial, occurring every two years.

License renewal must be completed by the last day of the licensee's birth month.

The license renewal year is based on the year of first license issuance.

Continuing education credits are due prior to license expiration. Depending on when you first obtain your license, your first licensing period may range from 24 to 35 months.

The state sends a CE reminder 90 days prior to the expiration date.

- Licensees who hold a limited license to sell only credit life and credit health insurance. - Licensees outside of the U.S. and territories. - Licensees who are resident attorneys licensed to practice law in South Dakota. - Licensees who are transportation ticket producers or common carriers who hold a limited license to sell travel accident and baggage insurance. - Licensees who are employees of trade associations and who hold a limited license to sell only surety bonds to association members. - Licensees licensed to sell only bail bonds. Exempt individuals may have to notify the department in writing of relevant exemption.

Producers may reinstate their license within a year of expiration. In order to reinstate the license, the producer must have completed the continuing education credits (CECs) required for the two-year licensing period prior to their license cancellation. These CE's must be completed before the producer may be reinstated. A producer will need to pay $40 in order to reinstate the license.

Licensees must complete 3 hours of NFIP course.

Initial certification entails an 8-hour training course, with an additional 4 hours of LTC-specific training required by July 1 of every other even-numbered year.

Licensees must complete a one-time, 4-hour course focused on annuities.