Licensing Question

[nyc2phi]

I have an individual license in NY (non-resident). I now have a resident brokers license in NY for my agency. My question is, do I need to maintain my individual license in NY now that I have the entity license ? Are there any benefits for maintaining both ?

Thanks!

 

[nbarnes]

I would keep the individual license. From what I've read, in order to do business under the entity license, you have to be a named sub-licensee. In order to be a sub-licensee, you have to have an active license.

Keep it.

Niccole Barnes

 

[tlmarketing]

You need to maintain an individual agent license in NY as well. Broker licenses in NY are not allowed to get appointed with insurance carriers....i just went through this a few weeks ago.

 

[nyc2phi]

You need to maintain an individual agent license in NY as well. Broker licenses in NY are not allowed to get appointed with insurance carriers....i just went through this a few weeks ago.

If I take the classroom course do I need to take the same exam as I would if I did the self study?