- (1) An active license shall be renewed on or before the license expiration date by submitting a resident or non-resident license renewal application online via Sircon or NIPR.
- (2) A new individual license expires on the last day of the licensee's birth month following the two-year anniversary of the license issue date, unless renewed, except as shown in Subsection (4).
- (3) A renewed individual license expires on the last day of the licensee's birth month every two years, unless renewed, except as shown in Subsection (4).
- (4) An individual navigator license expires annually on the last day of the month from the most recent license issue or renewal date, unless renewed.
- (5) An agency license expires on the last day of the month every two years from the most recent license issue or renewal date, unless renewed, except as shown in Subsection (6).
- (6) A bail bond agency license expires annually on August 14, unless renewed.
(7) Renewal Notice.
- (a) Before the license expiration date, the commissioner may, as a courtesy, send a renewal notice to the licensee's business email address as shown on the records of the department.
- (b) A renewal notice sent by the commissioner to the business email address, as shown on the records of the department, shall be considered received by the licensee.
(8) A license shall non-renew effective the license expiration date if it is not renewed on or before the expiration date, and:
- (a) the non-renewed license shall be inactivated;
- (b) all agency designations and insurer appointments shall be terminated; and
- (c) a lapsed license notice will be sent to the affected licensee.
- (9) An active licensee that fails to renew a license shall not engage in the business of insurance during the period of time from the expiration date of the license until the date the inactive license is reinstated or a new license is issued.
KEY: insurance licensing requirements
Date of Last Change: April 7, 2023
Notice of Continuation: June 10, 2024
Authorizing, and Implemented or Interpreted Law: 31A-2-201; 31A-23a-102; 31A-23a-111; 31A-23a-115; 31A-23a-203.5; 31A-23a-302; 31A-23b-102; 31A-23b-205; 31A-23b-207; 31A-23b-209; 31A-23b-401; 31A-25-201; 31A-25-208; 31A-26-207; 31A-26-210; 31A-26-213; 31A-35-104; 31A-35-301; 31A-35-401; 31A-35-406