The New York Department of Financial Services now allows agents and brokers whose licenses have lapsed/expired within the previous two years to submit an online application to be re-licensed. The online system will help to expedite the re-licensing process. Previously, re-licensing required a paper application. The re-licensing process is open to property/casualty and life and/or accident/health agents and brokers, as well as life and general consultants and life settlement brokers. A resident licensee seeking to be re-licensed must complete a re-licensing exam or hold another license for the same lines of authority being applied for. Non-residents seeking re-licensing must be in good standing in their home state.
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