The prelicensing class is no longer required to get your suplus lines license. All you need to do is pass the exam and pay the fees. See sidebar at right if you need a review before taking the exam.
Pearson VUE is the test administrator for the surplus lines exam. It is recommended that you schedule a time to take the test, so they do not run out of time slots when you want to take the exam. LEARN MORE
After you take and pass the test, then send the following to the SCDOI by mailing to SCDOI, PO Box 100105; Columbia, SC 29202.
Test results sheet from Pearson VUE
- $200 check payable to SCDOI
$10,000 broker bond, which allows completion of
broker bond form
See also: SCDOI Surplus Lines Broker webpage
Who in your agency needs a brokers license?
Legislation that changing the requirements for who needs a brokers license was signed by the Governor on March 2, 2016, effective immediately.
H 4660 is IIABSC-initiated legislation, supported by other insurance carriers, and allows licensed producers to offer surplus lines insurance coverages without having to have their own brokers licenselong as the producer is accessing the surplus lines coverage through a licensed broker.
While some producers currently holding a brokers license may not be required to continue it, IIABSC urges caution before non-renewing current licenses.
IIABSC has prepared an explanatory opinion for members; members can
download it from the bill's legislative report page (you must be logged in).