Licensing and Renewal Fees
|
|
All fees should be made payable to the Commissioner of Insurance, State of
Alabama. |
| All application fees are non-refundable. |
Adjuster
|
| Application Fee |
$20 |
| License Fee |
$80 |
| TOTAL INITIAL FEES |
$100 |
| Biennial License Renewal Fee |
$80 |
| (Biennial renewal every other year beginning 2007) |
|
Managing General Agent
|
| Application Fee (per insurer) |
$30 |
| Initial License Fee (per insurer) |
$125 |
| TOTAL INITIAL FEES (per insurer) |
$155 |
| Annual License Renewal Fee (per insurer) |
$75 |
Insurance Producer
|
|
Individuals: |
|
| Application Fee |
$20 |
| License Fee |
$40 |
| TOTAL INITIAL FEES |
$60 |
| Biennial License Renewal Fee |
$20/$40* |
| Late Fee |
$50 |
| Notice of Appointment Fee |
$30 |
| Appointment Renewal Fee |
$10 |
| *In 2007, licensees born in odd-numbered years renew for two years
at $40 and licensees born in even-numbered years only renew for one year at
$20; thereafter all licensees renew biennially for $40. |
|
| NOTE: The fees for Legal Service
Representative, Dental Service Representative, and Motor Club Representative
are the same as for an Insurance Producer license. |
|
|
|
Business Entities: |
|
| Application Fee |
$20 |
| License Fee |
$100 |
| TOTAL INITIAL FEES |
$120 |
| 2007 Annual License Renewal Fee |
$50 |
| Biennial License Renewal Fee (Biennial renewal every other year
beginning 2008) |
$100 |
| Late Fee |
$50 |
| Notice of Appointment Fee |
$30 |
| Appointment Renewal Fee |
$10 |
Reinsurance Intermediary
|
| Application Fee |
$30 |
| Initial License Fee |
$140 |
| TOTAL INITIAL FEES |
$170 |
| License Renewal Fee |
$100 |
Service Representative
|
| Application Fee (per insurer) |
$20 |
| Initial License/Appointment Fee (per insurer) |
$30 |
| TOTAL INITIAL FEES (per insurer) |
$50 |
| Biennial License Renewal Fee |
$20/$40* |
| Late Fee |
$50 |
| Appointment Renewal Fee |
$30 |
| *In 2007, licensees born in odd-numbered years renew for two years
at $40 and licensees born in even-numbered years only renew for one year at
$20; thereafter all licensees renew biennially for $40. |
|
Surplus Line Broker
|
|
Individuals: |
|
|
Application Fee |
$20 |
|
Initial License Fee |
$200 |
| TOTAL INITIAL FEES |
$220 |
| Annual License Renewal Fee |
$200 |
|
|
|
Business Entities: |
|
|
Application Fee |
$20 |
|
Initial License Fee |
$500 |
| TOTAL INITIAL FEES |
$520 |
| Annual License Renewal Fee |
$500 |
Temporary Producer
|
| Application Fee (per insurer) |
$20 |
| License Fee (per insurer) |
$40 |
| Notice of Appointment Fee (per insurer) |
$30 |
| TOTAL INITIAL FEES |
$90 |
