In America if you apply for an insurance/investment certification, do you require a "sponsor company" or can you complete the pre-requisite and apply?

[shockedcanadian]

I'm curious as to whether this is just a Canadian/Ontario issue or if it in the same in the U.S.

If one were looking to work in a particular industry that requires you complete multiple tests etc before certification, must you require a company to sponsor you, or are you free to complete the exams, tests etc and then free to apply to businesses freely on your own volition and time?

 

[debbiedowner]

I'm curious as to whether this is just a Canadian/Ontario issue or if it in the same in the U.S.

If one were looking to work in a particular industry that requires you complete multiple tests etc before certification, must you require a company to sponsor you, or are you free to complete the exams, tests etc and then free to apply to businesses freely on your own volition and time?

This may differ from state to state. Florida for an insurance license and it depends on which one but lets use Life, Health and Variable Annuity you would study online and have to complete 60 hours of training and once past you would sit somewhere designated to take an exam. You do not have to working for anyone or sponsored to obtain one but once you get license here you do have to be appointed by an insurance company within 48 months or you may lose license.

P & C license is 200 hours and the rest of the above requirements.

Every 2 years for all you have to complete so many hours of continuing education and then depending what line of insurance you're selling may have to be certified each year by the government and any company you represent.

I hold both licenses.

Don't know about other industries.

Securities licenses are much more than above.

 

[shockedcanadian]

This may differ from state to state. Florida for an insurance license and it depends on which one but lets use Life, Health and Variable Annuity you would study online and have to complete 60 hours of training and once past you would sit somewhere designated to take an exam. You do not have to working for anyone or sponsored to obtain one but once you get license here you do have to be appointed by an insurance company within 48 months or you may lose license.

P & C license is 200 hours and the rest of the above requirements.

Every 2 years for all you have to complete so many hours of continuing education and then depending what line of insurance you're selling may have to be certified each year by the government and any company you represent.

Don't know about other industries.

Securities licenses are much more than above.

Thank you for that. That is FAR superior to what we have here.

48 Months to get into the industry is a lifetime. Here they handcuff and basically control who can and who cannot have employment due to erroneous policies.

I could pass an investment course of even the highest degree of difficulty and nuance in a few weeks time if I studied, I cannot get a company to say "yeah we will hire you WITHOUT this certificate as a sponsor, go ahead and do the course".

I understand in the U.S you have a homeless crisis for veterans and it breaks my heart. We probably have a homeless crisis of many people with above average intelligence and aptitude but the central owners block/deny their potential.

 

[debbiedowner]

Thank you for that. That is FAR superior to what we have here.

48 Months to get into the industry is a lifetime. Here they handcuff and basically control who can and who cannot have employment due to erroneous policies.

I could pass an investment course of even the highest degree of difficulty and nuance in a few weeks time if I studied, I cannot get a company to say "yeah we will hire you WITHOUT this certificate as a sponsor, go ahead and do the course".

I understand in the U.S you have a homeless crisis for veterans and it breaks my heart. We probably have a homeless crisis of many people with above average intelligence and aptitude but the central owners block/deny their potential.

The securities or investments you may have to be sponsored here I have no idea and never wanted to get into that. Many more laws for that.

I think there may some states that you do have to be sponsored to get an insurance license I am not sure. But there are thousands of independent agents in the U.S. Some started with a company and then went out on their own and some started out as independent.

If you really want to learn more more about this and that go to this site as they have many sub forums.

Insurance Forums

Largest Insurance Forum on the net - discussion and advice on all insurance products, for agents and consumers

www.insurance-forums.com