To sell life insurance in New York you must obtain a New York State Life Insurance Producer License. The process includes completing a state‑approved pre‑licensing course, passing the Life Insurance Producer Exam, submitting an application with fingerprints, and paying the required fees. Once licensed, you must meet annual continuing‑education requirements to keep the credential active.
More from this site
Keep reading the latest coverage
Key Requirements for the New York Life Insurance Producer License
- Be at least 18 years old.
- Complete a 40‑hour state‑approved pre‑licensing education program.
- Pass the New York Life Insurance Producer Examination (70% passing score).
- Submit a fingerprint‑based background check through the NYS Department of Financial Services (DFS).
- Pay the application and licensing fees.
Step‑by‑Step Licensing Process
| Step | What You Do | Verified Detail |
|---|---|---|
| 1 | Enroll in a DFS‑approved 40‑hour pre‑licensing course. | Course must be completed within 180 days before exam. |
| 2 | Schedule and pass the Life Insurance Producer Exam. | Computer‑based, 75 questions, 2‑hour limit. |
| 3 | Submit the NYS License Application (Form NYS‑LP) online. | Includes personal data, employer info, and consent. |
| 4 | Complete electronic fingerprinting through Idemia. | Results sent directly to DFS. |
| 5 | Pay the $75 application fee and $25 examination fee. | Fees are non‑refundable. |
| 6 | Receive your provisional license and begin selling under supervision. | Full license issued after background clearance. |
Continuing‑Education (CE) Obligations
New York requires licensed life insurance producers to complete 24 CE credit hours every two years, including at least 2 hours of ethics training. Failure to meet CE requirements results in license suspension.
Common Questions
Can an existing property‑casualty agent add a life license?
Yes. You can file a "supplemental" application to add the life line to an existing insurance producer license, paying the additional fee and passing the life exam.
Do I need a separate license to sell annuities?
Annuitants are covered under the same Life Insurance Producer License in New York; no extra license is required.
Resources and Where to Apply
The New York Department of Financial Services (DFS) manages all licensing. Visit the DFS website to access the online portal, locate approved education providers, and view the full licensing handbook.