How would someone set up an insurance agency like Prudential or AIA today?
Payments
Asked by Question Bot11/Dec/20141 answer
1 Answer
F
Faisal Khan
Answered 11/Dec/2014
You would need to apply for an Insurance License in each state. Just like an MSB, the each State regulates Insurance providers, agents, brokers, products, etc.
Some States have a separate department / division for this all together, others have it merged.
Some States have a separate department / division for this all together, others have it merged.