The Kansas Premium Finance Company license
Premium Finance Company
Lends the premium so a policyholder can pay it, on an agreement secured by the unearned premium. Doing it without the license carries a penalty of up to $500 for every violation or up to six months in jail, or both.
Course
None
This license has no pre-licensing course route.
Ways in
1
There is no state exam for this license.
Exam
n/a
Not required on any of the routes below.
Every way to qualify
-
Route 1 Apply and answer the Commissioner's interrogatories on oath
No state exam for this license
K.S.A. 40-2604(c). The application is a written form plus sworn answers to whatever interrogatories the Commissioner sets, and the Commissioner may at any time require full disclosure of every stockholder, partner, officer and employee, and may refuse the license in the name of a firm if not satisfied that anybody who could materially influence its conduct meets the standards of the act. There is no examination and no course. The continuation fee is capped at $100 and is due on or before 1 April for a license year starting 1 May; 40-2604(b)(1)(B) makes late payment fatal rather than merely expensive, "Failure to pay the continuation fee within the time prescribed shall automatically revoke the license."
Read at ksrevisor.gov on 2026-08-20
No examination and no course, so there is nothing to sell.