Crop - Producer Requirements
Definition
Insurance providing protection against damage to crops from unfavorable weather conditions, fire, or lightning, flood, hail, insect infestation, disease
or other yield-reducing conditions or peril provided by the private insurance market, or that is subsidized by the Federal Crop Insurance Corporation,
including Multi-Peril Crop Insurance.
Qualifications
Qualifications are necessary in order to become an insurance producer, including,
but not limited to:
- Must be at least 18 years of age.
- Must not have committed any act that is a ground for denial, suspension, or revocation
of license, as follows:
- Providing incorrect, misleading, incomplete, or materially untrue information in
any application or in any communication to the commissioner.
- Obtaining or attempting to obtain a license through misrepresentation or fraud.
- Intentionally misrepresenting the terms of any actual or proposed insurance contract
or application for insurance.
- Having admitted or been found to have committed any insurance unfair trade practice
or fraud.
- For inducing, persuading, or advising any policyholder to surrender or cause to
be cancelled any policy of insurance issued to the policyholder by any authorized
insurer in exchange for a policy offered by the licensee where the surrender or
cancellation shall proximately result to the financial detriment of such policyholder,
unless the policyholder shall have been fully advised of that fact by the licensee.
- Using fraudulent, coercive, or dishonest practices, or demonstrating incompetence,
untrustworthiness, or financial irresponsibility in the conduct of business under
a license in this state or elsewhere.
- Improperly withholding, misappropriating, or converting any monies or properties
belonging to the insurers, insureds, or others received by the licensee in the exercise
of his or her license.
- Violating insurance laws or violating any valid order, subpoena, rule, or regulation,
issued by the commissioner or issued by another state's insurance commissioner.
- Having been convicted of a felony.
- Having an insurance producer license, or its equivalent, denied, suspended, or revoked
in any other state, province, district, or territory.
- Forging another's name to an application for insurance or to any document related
to an insurance transaction.
- Improperly using notes or any other reference material to complete an examination
for an insurance license.
- Knowingly accepting insurance business from an individual who is not licensed.
- Failing to comply with an administrative or court order imposing a child support
obligation.
- Failing to pay state income tax or failing to comply with any administrative or
court order directing payment of state income tax.
They are exempt from the prelicensing course, written examination
and fingerprinting requirements and the continuing education requirements.
Initial Licensing Process
Alabama Residents:
NIPR Mandatory Online Process is for those non-resident applicants who hold any type of resident license in their home state. Applicant must apply
online. Click Here
NOTE: NIPR keeps the 1st application on their server for 30 days in case there is an issue with it. If you need to reapply for another LOA, you will
need to contact them to have them remove the old application so you can reapply for the new LOA.
Non-Alabama Residents:
- Applicants must be in good standing and hold an active license in their resident
state for the same lines of authority for which they are applying.
- Initial individual Producer license is effective until biennial renewal would be
due. Individual producers renew their license based on their birth month and birth
year, odd or even. See Producer Renewal Process for details.
There are two different online licensing processes. Online thru NIPR and
online thru SBS.
NIPR Mandatory Online Process is for those non-resident applicants who hold
any type of resident license in their home state. Applicant must apply online.
Click Here
NOTE: NIPR keeps the 1st application on their server for 30 days in case
there is an issue with it. If you need to reapply for another LOA, you will need
to contact them to have them remove the old application so you can reapply for the
new LOA.
- Upon printing the license, a producer can then be appointed by one or more insurers
to act as their producer.
Renewal Process
All individual producers must renew their license online.** Click
HERE to renew your license.
NOTE: Remember you cannot change your address during the renewal process.
Individual producers renew their license based on their month and year of birth.
A notice will be sent by the DOI to all producers approximately 45 days prior to
their month of birth. Producers born in odd-numbered years will renew for two years
in the odd years. Producers born in even-numbered years will renew for two years
in the even years. Beginning January 1, 2013, excess credit hours earned in the
previous biennial renewal period cannot be carried over to the next reporting period.
Any excess is lost.
NOTE: Individual Producers now have the ability to update their e-mail addresses
online for Alabama through SBS Online tools. You can access this by going to our
website at www.aldoi.gov and under Producers/Agents
either click on Print Your License or View Your CE Info and that takes you straight
to SBS and it will be under Email Maintenance.
Fees
Initial Fee - $80.00
Renewal Fee - $70.00
Late Fee - $50.00
Notice of Appointment Fee - $40.00
Appointment Renewal Fee - $25.00
How to Have Your Producer License Reissued after Expiration
A producer’s license expires when the license is not renewed in the producer’s birth
month. There is a 30 day grace period following expiration, during which time the
producer can renew with a $50.00 late fee plus the renewal fee. If the license is
not renewed at this time, the license expires and all company appointments are cancelled.
A producer may have their license reissued within 12 months of expiration without
having to be re-examined by going online at
www.nipr.com . If the producer comes in during 2008 to get their license
reissued for the 2008 renewal year and they are an even-year birth year,
the reissue fee is $40. If the producer comes in during 2008 to get their
license reissued for the 2007 renewal year and they are an odd-year birth
year, the reissue fee is $80 . Once the license is reissued, the
producer must also be reappointed.
When former producers have been without a license over 12 months, they must take
the prelicensing course and retest before again applying for license online at www.nipr.com.
Reinstatement Procedures
Prior to January 1, 2002, when an insurance agent failed to timely renew the license
was suspended. Please follow these instructions to reinstate a license previously
suspended due to nonrenewal:
Write a letter asking for the suspension to be lifted. Be sure to include the producer’s
name, address and social security number. A Settlement Agreement and Order will
be mailed with a cover letter indicating the amount due and further instructions.
The Producer will need to sign and date the Settlement Agreement and mail it back
in with any monies due and continuing education or letter of certification, if applicable.
The letter should be sent to:
Alabama Department of Insurance
Attn: Legal Division
P. O. Box 303351
Montgomery, Alabama 36130-3351