Rhode Island NRL Rules

RHODE ISLAND

NRL RULES

Yes	Accepts licenses for Individuals electronically
No	Accepts licenses for Business Entities electronically
Yes	Accepts Limited License Classes and Lines of Authority electronically
Yes	Applicants can add lines of authority to an existing active license electronically
Yes	Applicants can reinstate a license electronically

CONTACT INFORMATION

Rhode Island Department of Business Regulation
Insurance Division 233 Richmond Street
Suite 233
Providence, RI 02903

STATE SPECIFIC REQUIREMENTS

Producer Licensing (Individuals):

Individual applicants must be 18 years old or older as determined from the applicant’s Date of Birth.
Non-Citizens of U.S. Must hold U.S. resident license in a reciprocal state.
RI will allow reinstatements of a license if
- Status is not active
- and the Expiration date is >30 days and less than 365 days.
Applicants that are applying for Variable Life/Variable Annuities (VL/VA) must provide the NASD CRD No. on the Uniform Application, Series 63, 6,or 7 exam; register with the RI Securities Division and must hold the line of authority of Life.

Designated Responsible Licensed Producers (DRLP) are required to hold an active RI license (resident or nonresident). The DRLP must hold the same line(s) of authority that are being requested by the Business Entity.
The DRLP is required to apply and the application must be approved by Rhode Island Insurance Division; prior to the submission of the business entity application.
To verify that the individual has been approved with the RI Insurance Division and holds an active license, you may visit the Department website at https://sbs-ri-public.naic.org/Lion-Web/jsp/sbsreports/AgentLookup.jsp.
Applicants for Surplus Line Broker License type should first hold a Property and Casualty Producer license in RI.
Electronic applicants will not receive a refund for state fees if the application is declined.
Electronic applications will only be issued for a biennial license.
Please provide the transaction page/number along with any supporting documentation to the state.

Producer Licensing (business entities):

Business entities must provide NASD Registration Number (CRD) on the application. Business Entities must register with NASD as a Broker Dealer or an affiliation of a Broker Dealer and must be noted on the NASD website.
Business entity applicants are required to have at least one (1) Designated Responsible Licensed Producer (DRLP) and must hold an active Resident or Non Resident license in RI.
The DRLP is required to apply and the application must be approved by Rhode Island Insurance Division; prior to the submission of the business entity application. To verify that the individual has been approved with the RI Insurance Division and holds an active license, you may visit the Department website at https://sbs-ri-public.naic.org/Lion-Web/jsp/sbsreports/AgentLookup.jsp.
Applicants for Surplus Line Broker License type should first hold an active Property and Casualty Producer license in RI.

Surplus Line Broker Licensing:

Applicants that are applying for a Surplus Line Broker License must have an active RI Property & Casualty Insurance Producer License. If not, the online Surplus Line Broker application will be rejected.
Rhode Island is reciprocal with those states that do not require a bond. For a list of those states that require a bond, applicants should visit the Department website at http://www.dbr.state.ri.us/pdf_forms/insur/SLB%20Bond%20Information.pdf.
If the home state is not listed, a bond is NOT required and is not needed as part of the RI Surplus Line Broker nonresident license application process.
All RI licensed Business Entities are required to have at one (1) Designated Licensed Responsible Producer (“DRLP”) and he/she must hold the same license type and line(s) of authority as the entity. The DRLP is required to apply and the application must be approved by Rhode Island Insurance Division; prior to the submission of the business entity application. To verify that the individual has been approved with the RI Insurance Division and holds an active license, you may visit the Department website at https://sbs-ri-public.naic.org/Lion-Web/jsp/sbsreports/AgentLookup.jsp.
Separate attachments or supporting documentation should be mailed to the Division at the above-mentioned address and should include a copy of the online eNRL transaction page/number.
Or documents may be faxed to: (401) 222-5475 (ATTN: Licensing).

Claims Adjuster Licensing:

Applicants that do not reside in a reciprocal state are required to take and pass the state licensing examination with Promissor. For a list of the states that are reciprocal with Rhode Island, applicants should visit the Department website at http://www.dbr.state.ri.us/pdf_forms/insur/Rhode%20Island%20reciprocal%20states.pdf.
To schedule an examination, applicants should call Promissor (test administrator) at 1-888-204-6246 or you may visit their website at www.promissor.com.
If you successfully passed the RI state licensing exam and the application is submitted electronically, the exam results are automatically submitted to the online licensing system.
Individuals that do not reside in a reciprocal state are required to complete the Criminal Background Report requirement. For more information relating to this requirement, individual applicants should review the instructions that are on the Department website at http://www.dbr.state.ri.us/pdf_forms/insur/Instructions%20and%20Application%20for%20Individual%20Claims%20Adjuster.pdf.
All RI licensed business entities are required to have at one (1) responsible licensed individual and he/she must hold the same license type and line(s) of authority as the entity.
The designated responsible licensed individual is required to apply and the application must be approved by Rhode Island Insurance Division; prior to the submission of the business entity application. To verify that the individual has been approved with the RI Insurance Division and holds an active license, you may visit the Department website at https://sbs-ri-public.naic.org/Lion-Web/jsp/sbsreports/AgentLookup.jsp.
Separate attachments or supporting documentation should be mailed to the Division at the above-mentioned address and should include a copy of the online eNRL transaction page/number.
Or documents may be faxed to: (401) 222-5475 (ATTN: Licensing).

Motor Vehicle Damage Appraiser Licensing:

RI is not reciprocal with any state for this license type and all individual Motor Vehicle Damage Appraiser applicants are required to take and pass the RI state licensing examination with Promissor (test administrator). To schedule an examination, applicants should call Promissor at 1-888-204-6246 or you may visit their website at www.promissor.com.
The passed exam results are valid for one-year from the date completed.
If you successfully passed the RI state licensing exam and the application is submitted electronically, the exam results are automatically submitted to the online licensing system.
All individual applicants are required to comply with a Criminal Background Report requirement. For more information, applicants should review the instructions that are on the Department website at http://www.dbr.state.ri.us/pdf_forms/insur/Instructions%20and%20Application%20for%20Individual%20Motor%20Vehicle%20Damage%20Appraiser.pdf.
All RI licensed business entities are required to have at one (1) responsible licensed individual and he/she must hold the same license type and line(s) of authority as the entity.
The designated responsible licensed individual is required to apply and the application must be approved by Rhode Island Insurance Division; prior to the submission of the business entity application. To verify that the individual has been approved with the RI Insurance Division and holds an active license, you may visit the Department website at https://sbs-ri-public.naic.org/Lion-Web/jsp/sbsreports/AgentLookup.jsp.
Separate attachments or supporting documentation should be mailed to the Division at the above-mentioned address and should include a copy of the online eNRL transaction page/number.
Or documents may be faxed to: (401) 222-5475 (ATTN: Licensing).

State fees will not be collected by NIPR (on behalf of RI) when a transaction is declined according to RI business rules. Transaction fees and processing fees will still apply. Violation of the following rules will result in a decline response.

Individual applicants - Applicant must be 18 years old or older as determined from the applicant’s Date of Birth.
Non-Citizens of U.S. Must hold U.S. resident license.
RI will allow reinstatements of a license if
- Status is not active
- Expiration date is >30 days and less than 365 days.
Individual applicants - Applicant must enter NASD CRD number on application when applying for Variable.
Individual applicants - Applicant applying for Variable must also apply for or have Life LOA.
Business Entity applicants - At least one DRLP must hold an active Resident or Non Resident license in RI.
Business Entity applicants - The sum of all the LOAs applied for in RI by the Business Applicant must be covered by the sum of the DRLP active licensed LOAs in RI.
Applicant for Surplus Line Broker License type must hold or apply for Property and Casualty in RI.

Rhode Island will allow reinstatements of a license if Status is not active and the Expiration date is >30 days and less than 365 days. Late fees will be assessed.