Getting an insurance license in Nevada

Accident and Health

Sells accident and health insurance in Nevada, which the statute defines as coverage for sickness, bodily injury or accidental death, and which may include disability income benefits.

Administrator

Nevada's third party administrator, holding a certificate of registration rather than a license. Nothing in the application is a course or an examination: it is a reviewed financial statement, the documents that created the business, and a notarized affidavit from everybody who controls it.

Bail Agent

Writes bail bonds in Nevada under appointment by a surety insurer. Six hours of instruction, an examination as broad as the bail bond business, a bond of its own, and a year of Nevada residence before applying. The six hours are dated in this section and nowhere else: they are required of anyone qualifying on or after 1999-07-01. A nonresident bail agent is outside both the course and the examination, because NRS 697.150(2) sends a nonresident to three paragraphs only, and NRS 697.200(1) excludes the nonresident license by name.

Bail Enforcement Agent

Recovers defendants who have not appeared, on behalf of a Nevada bail agent or surety. Eighty hours of training, which ties North Dakota's title producer and is beaten only by Florida's 2-20 at 200 and three New York lines at 90, and the only one whose syllabus is first aid, defensive tactics and the use of force rather than insurance. It is also the only license here that asks for a psychological evaluation and a drug test.

Bail General Agent

Appoints and supervises bail agents in Nevada on behalf of an insurer. It is the one bail license Nevada asks a course of and no examination: the examination section names the other three and not this one. The application also carries a written appointment by an authorized insurer, a copy of the contract authorizing the applicant to act for it, and a letter from a local law enforcement agency in the applicant's county of residence about the applicant's record.

Bail Solicitor

Solicits bail bonds in Nevada as the employee of a licensed bail agent. Same six hours as the agent, same examination, and three months of Nevada residence rather than a year. The license cannot be held on its own: the holder has to be the bona fide employee of a licensed bail agent, or be about to become one.

Casualty

Sells casualty insurance in Nevada, which the statute defines as coverage against legal liability. For a producer, and unusually, this line also carries surety: bonds for fidelity, for performance of contracts and for financial guaranty, and surety indemnifying financial institutions.

Company Adjuster

An optional Nevada license for an insurer's own employee adjusting claims from an office in the state. Optional until 2023, when the legislature made it the only way to administer Nevada workers' compensation claims from outside Nevada.

Escrow Officer

Handles escrows, settlements and closings under a supervising title agent. Nevada gives it two ways in and lets the applicant choose: a year of recent escrow experience, or the Commissioner's written examination. There is no course either way.

Exchange Enrollment Facilitator

Helps Nevadans enroll in coverage through the state's health insurance exchange. Nevada certifies it rather than licensing it, and it is the only credential in the state whose twenty hours are asked of the applicant rather than of the course provider.

Independent Adjuster

Adjusts Nevada property, casualty, surety or workers' compensation claims as an independent contractor rather than an employee. The tax treatment is part of the definition, which is unusual: Nevada decides which adjuster license you need by how the insurer pays you.

Insurance Consultant

Sells advice about insurance for a fee and nothing else. NRS 683C.070 forbids the holder to hold a producer or surplus lines broker license in any line at the same time, and NRS 683C.080 forbids employment by, partnership with or any payment from a producer, a broker or an insurer, so the license is defined as much by what its holder may not be as by what they may do.

Insurance Vending Machine

One license per machine, issued to a producer already licensed, for selling personal travel accident policies from a machine at an airport or similar place. It is an addition to a producer license rather than a way into the business, and it dies with the producer license it hangs from.

Life

Sells life insurance in Nevada. The statute writes the line as insurance on human lives, including endowment and annuity benefits, and says it may carry accidental death, dismemberment and disability income benefits.

Managing General Agent

Acts for an insurer in Nevada with authority over underwriting or claims that an ordinary producer does not have. Nevada asks no pre-licensing course for it and licenses the natural person and the firm separately.

Club Agent

Sells or solicits motor club service for a club other than the club itself. Nevada's qualifications are three lines long and none of them is a course, an examination or an hour count: be 21, be a resident or come from a state that lets Nevadans in, and be trustworthy.

Motor Vehicle Damage Appraiser

Appraises damage to Nevada motor vehicles insured under a physical damage policy, or for a third party claimant. Its qualification is a bond and a real address rather than an examination.

Personal Lines

Sells personal lines in Nevada, which the statute defines line by line rather than by who buys it: automobile and motorcycle insurance, residential property including flood, personal watercraft, and excess liability written over an underlying automobile or residential policy.

Agent for Prepaid Burial Contracts

Solicits the sale of prepaid burial contracts on behalf of a seller who holds a certificate of authority. Nevada's qualifications are a reputation and a clean record rather than a course: there is no pre-licensing education and no examination.

Seller of Prepaid Burial Contracts

Holds the certificate of authority the agents sell under, and the application is a trust arrangement rather than a qualification. Nevada asks for the proposed trustee, the performers, and the trust agreement itself, and asks for no course and no examination.

Agent for Prepaid Funeral Contracts

Solicits the sale of prepaid funeral contracts on behalf of a seller who holds a certificate of authority. Nevada's qualifications are a reputation and a clean record rather than a course: there is no pre-licensing education and no examination.

Seller of Prepaid Funeral Contracts

Holds the certificate of authority the agents sell under, and the application is a trust arrangement rather than a qualification. Nevada asks for the proposed trustee, the performers, and the trust agreement itself, and asks for no course and no examination.

Property

Sells property insurance in Nevada, which the statute defines as coverage for direct or consequential loss or damage to property of every kind.

Public Adjuster

Represents the financial interests of the named insured on Nevada claims, and is barred from workers' compensation entirely. The exclusion is in the definition rather than in a separate rule.

Reinsurance Intermediary

Covers both the broker who places reinsurance for a ceding insurer and the manager who binds or manages a reinsurer's assumed business. Nevada builds it on a producer license rather than on a course, and puts a bond and errors and omissions cover on the manager only.

Staff Adjuster

Adjusts Nevada workers' compensation claims as the employee of a registered third party administrator. It is defined by the employer rather than by the work, and is the only Nevada adjuster license that is.

Surplus Lines Broker

Places business with insurers Nevada has not authorized, for risks whose home state is Nevada. It is built on a general lines producer license held for six months rather than on a course, and the only study in it is an examination the Commissioner may prescribe on surplus lines.

Temporary Emergency Adjuster

Adjusts Nevada losses from a catastrophe the Governor has declared. No examination, and it has to be obtained before deployment or within five days of it.

Title Agent

Writes title insurance for an authorized title insurer, and may handle escrows, settlements and closings alongside it. Nevada licenses it by regulation rather than by statute, and the qualification is an appointment plus described experience rather than a course or an examination.

Variable Annuities and Variable Life Insurance

Sells variable annuities and variable life insurance in Nevada, which the statute describes as coverage reflecting the results of a separate investment account. Nevada issues it as a line of authority in its own right rather than as an endorsement on the life line.

Viatical Settlement Broker

Negotiates the sale of a life policy on behalf of the person insured under it. Nevada licenses it the same way it licenses the provider, minus the plan of operation, and asks no course and no examination for either.

Viatical Settlement Provider

Buys life policies from the people insured under them. Nevada asks for a detailed plan of operation, a fraud prevention plan and at least $250,000 of financial responsibility, and it asks for no course and no examination.