Licensing Requirements
How Daily Event Insurance handles licensing and compliance
Our Licensing Approach
Daily Event Insurance maintains comprehensive insurance licenses in all 50 states plus the District of Columbia. Our licensing infrastructure allows partners to sell insurance nationwide without obtaining individual licenses.
We handle all regulatory compliance, license renewals, continuing education, and carrier appointments. This allows partners to focus on serving customers while we manage the complex regulatory requirements.
License Types We Maintain
Producer Licenses
Individual insurance agent licenses
Requirements:
- •Pre-licensing education
- •State examination
- •Background check
- •Continuing education
Business Entity License
Corporate insurance entity registration
Requirements:
- •Designated responsible producer
- •Proof of financial responsibility
- •Business entity registration
- •Errors & omissions insurance
Surplus Lines License
Non-admitted insurance authority (if needed)
Requirements:
- •Admitted license prerequisite
- •Additional examination
- •Surplus lines eligibility
- •Special tax reporting
Licensing Compliance Process
Initial Licensing
4-8 weeks per stateComplete pre-licensing education and pass state exams
Background Checks
2-4 weeksSubmit to FBI fingerprinting and background verification
Appointment
1-2 weeksCarrier appoints agent to sell insurance products
Continuing Education
Ongoing (annual/biennial)Complete required CE credits for license renewal
Renewal
Every 1-2 yearsRenew licenses before expiration dates
Partner Benefits
No Individual License Needed
Partners operate under Daily Event Insurance's licenses
Multi-State Coverage
Sell in all 50 states without separate state licenses
Compliance Support
We handle all regulatory filings and compliance
Training Provided
Product training ensures proper representation
Shared Responsibilities
Daily Event Insurance
- Maintain all producer and entity licenses
- Handle license renewals and continuing education
- Ensure compliance with all state regulations
- File required reports with state regulators
- Pay licensing fees and taxes
- Manage carrier appointments
Partner Responsibilities
- Operate within scope of our licenses
- Complete required product training
- Follow approved sales processes
- Maintain accurate customer records
- Report any compliance issues promptly
- Use only approved marketing materials
State-Specific Highlights
Some states have unique licensing requirements we manage:
Questions About Licensing?
Our compliance team can provide detailed information about our licensing coverage
Contact Licensing Team