Texas Application for Renewal, Surrender, or Change of Information for a Life Settlement Provider or Broker

State:
Texas
Control #:
TX-FIN431
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PDF
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Description

Application for Renewal, Surrender, or Change of Information for a Life Settlement Provider or Broker
Texas Application for Renewal, Surrender, or Change of Information for a Life Settlement Provider or Broker is a form used by life settlement providers and brokers in the state of Texas to renew, surrender, or update information related to their license. The application must be filed with the Texas Department of Insurance (TDI) for review and approval. It includes sections for applicant information, license information, and a detailed account of the requested changes. The form must be signed and dated by the life settlement provider or broker and be accompanied by any supporting documents as required by TDI. The different types of Texas Application for Renewal, Surrender, or Change of Information for a Life Settlement Provider or Broker include: • Application for Renewal of a Life Settlement Provider or Broker License: Used to renew an existing license. • Application for Surrender of a Life Settlement Provider or Broker License: Used to surrender an existing license. • Application for Change of Information of a Life Settlement Provider or Broker License: Used to update information related to an existing license.

Texas Application for Renewal, Surrender, or Change of Information for a Life Settlement Provider or Broker is a form used by life settlement providers and brokers in the state of Texas to renew, surrender, or update information related to their license. The application must be filed with the Texas Department of Insurance (TDI) for review and approval. It includes sections for applicant information, license information, and a detailed account of the requested changes. The form must be signed and dated by the life settlement provider or broker and be accompanied by any supporting documents as required by TDI. The different types of Texas Application for Renewal, Surrender, or Change of Information for a Life Settlement Provider or Broker include: • Application for Renewal of a Life Settlement Provider or Broker License: Used to renew an existing license. • Application for Surrender of a Life Settlement Provider or Broker License: Used to surrender an existing license. • Application for Change of Information of a Life Settlement Provider or Broker License: Used to update information related to an existing license.

How to fill out Texas Application For Renewal, Surrender, Or Change Of Information For A Life Settlement Provider Or Broker?

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FAQ

Texas charges a $50 renewal fee + CE provider cost. Renewing your insurance license through the NIPR (National Insurance Producer Registry) comes with a $5.60 processing fee. If you renew your license through Sircon, it comes with a $8.25 processing fee.

To keep your license in good standing, you must take 24 hours of continuing education every two years.

Insurance adjusters in Texas must renew their license every 2 years to continue closing claims. You will need to complete 24 hours of Continuing Education (CE) coursework to stay current with Texas' requirements for claims adjusters and renew your adjuster license.

To cancel your license, email License@tdi.texas.gov and attach a letter with your name, license number, and signature.

There is no continuing education ?grace period.? Once the expiration date has passed, a violation exists. You must complete all required CE hours and pay any fines or fees before you can renew your license. The fine for not doing the required continuing education is $50 per deficient hour and up to $500.00.

There is no continuing education ?grace period.? Once the expiration date has passed, a violation exists. You must complete all required CE hours and pay any fines or fees before you can renew your license. The fine for not doing the required continuing education is $50 per deficient hour and up to $500.00.

There is an $50 fee to renew your Texas adjuster license. After you complete your renewal application, the Texas Insurance Department will email you once your license renewal has been approved or if you need to submit other documents.

You must apply online by using Sircon. The application fee is $50.

More info

Application for Renewal, Surrender, or Change of Information for a Life Settlement Provider or Broker in the. (c) Information required with application.Renewal notices are EMAILED about 90 days before the expiration date. Apply on the National Insurance Producer Registry (NIPR). The Producer Licensing Division is responsible for the administration of producer (insurance agent) licensing, renewals, appointments, education and more. Please complete the appropriate forms to request a change of name or doing business as (DBA) name, change of address, or to voluntarily surrender a license. Links to forms and other resources concerning updating changing or inquiring about insurance licenser in Idaho. Find Alaska license requirements for producers, adjusters, and brokers. Manage and update your license. Approximately 172,000 insurance producers are licensed to do business in Tennessee.

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Texas Application for Renewal, Surrender, or Change of Information for a Life Settlement Provider or Broker