Card Set Information
Become an Insurance Producer in MI
a person must be at least 18 years old
pass the license exam
complete a prelicensing course of study
pay the required fees
and not have been convicted of any crime involving dishonesty or breach of trust.
Change in Name or Address
A producer must notify the Department of any change in legal name or address within 30 days of the change.
An insurer or producer cannot pay a commission for the sale of an insurance policy in Michigan to a person who is not licensed to transact insurance.
Unfair and prohibited insurance trade practices include, among others: