Medicare Blog

how to become a licensed medicare suplement agent in nc

by Heath Schmitt Published 2 years ago Updated 1 year ago

A licensed Medicare Supplement/Long-Term Care insurance agent must also have a basic understanding of the federal Medicare program and Medicaid, which is administered by the state. To become licensed as a NC Medicare Supplement/Long-Term Care producer, you will need to demonstrate entry-level knowledge of the industry by passing a state licensing exam.

Full Answer

How do I prepare for my North Carolina Medicare supplement license?

All North Carolina applicants for an insurance license must obtain an Insurance Licensing Examination Candidate Guide (free of charge) by accessing the link below or www.pearsonvue.com or by calling Pearson Vue at 866-265-6329. The Candidate Guide contains pertinent information relating to prelicensing and examination requirements.

How to become a licensed Medicare agent?

Prepare for your North Carolina Medicare Supplement & Long Term Care insurance license with Kaplan Financial Education's prelicensing and exam prep study options. Choose a study package that caters to your learning style and begin preparing for your insurance license today. Online Course. Essential.

What are the requirements to get an insurance license in NC?

To become licensed as a NC Medicare Supplement/Long-Term Care producer, you will need to demonstrate entry-level knowledge of the industry by passing a state licensing exam. This course will deliver the content needed to successfully complete the education and examination requirements. Testable topics include:

How do I get a public adjuster license in North Carolina?

1. Becoming a licensed Medicare Agent – Complete a pre-licensing course. Courses tend to be similar in price and content. Depending on your own specific learning/studying style, you can choose to take the course in a traditional classroom, online or via self-study.

The Essential Self-Study Package includes

This comprehensive textbook guides you through a deep-dive of key testable insurance terms and concepts that you will need to know for your state licensing exam. The text is broken down into easily digestible units, including Cram Sheets, making it easy to learn and retain the information.

Compare Packages

See our packages and study components side by side to help determine what is the best package for you.

Continuing Education

Kaplan offers a wide variety of courses for insurance professionals to maintain licensure with CE credit.

State Requirements

View state-specific insurance licensing requirements and exam information, including exam provider, contact information, and more.

What will I learn?

By obtaining a North Carolina Medicare Supplement/Long-Term Care insurance license, a health insurance professional is authorized to evaluate and provide coverage to individuals through a variety of Medicare supplement and long-term care insurance policies offered by private insurers.

Testable topics include

Medicare Parts A, B, C, and D, Medicare supplement policies, Medicaid, Medicare-Aid, Long-term Care policies and LTC Partnership plans. This course also includes NC state-specific regulations.

Obtain an Insurance License

All North Carolina applicants for an insurance license may obtain an Insurance Licensing Examination Candidate Guide (free of charge) by accessing the link below or www.pearsonvue.com#N#(link is external)#N#or by calling Pearson VUE at 866-265-6329.

Questions

If you have questions, you can contact Agent Services Division at 919-807-6800.

What is the job description of a Medicare agent?

When you become a Medicare insurance agent, there are two main groups you are marketing to. Those are turning 65 and becoming eligible for Medicare health benefits. Those who are disabled, under 65, and are eligible for Medicare. Selling Medicare health insurance can be rewarding in many ways, ...

What is E&O insurance?

E&O insurance is insurance intended to protect you in the event you give a client incorrect or misleading information and they decide to take legal action against you. As well as getting covered through an FMO, these policies can also be purchased through many property and casualty insurance agencies.

What does FMO stand for in insurance?

FMO is an acronym that stands for the field marketing organization . These are companies that distribute health insurance plans to agents and agencies on behalf of various carriers. An FMO can help you quickly get contracted and appointed to sell with multiple insurance companies.

What is an FMO?

Choosing an FMO. FMO is an acronym that stands for the field marketing organization. These are companies that distribute health insurance plans to agents and agencies on behalf of various carriers. An FMO can help you quickly get contracted and appointed to sell with multiple insurance companies.

What is Medicare insurance agent?

You have a few options. A Medicare insurance agent helps people consider and evaluate different Medicare plans. They guide people toward choosing the one that is best for them. A Medicare insurance agent needs to be familiar with the ins-and-outs of every Medicare plan.

How does Medicare work?

The Medicare insurance agent works with people on the services they need in Medicare. You can become an insurance agent and promote the health of thousands of people. You just need to know how to get started. Here is a quick guide on how to become a Medicare insurance agent.

Why is Medicare the most popular government program?

Medicare is one of the most popular government programs in the country because it provides for basic medical needs. More than 60 million Americans receive health insurance through Medicare. But not all Medicare programs are alike. Some offer different services than others. The Medicare insurance agent works with people on ...

What is pre licensing?

Pre-licensing courses help transition you into the insurance marketplace. They also train and prepare you for the exam. Depending on your state, you may be required to complete classroom training. You may have to self-study for a minimum number of hours.

What is captive agent?

A captive agent can sign up with one insurance company in particular or an FMO. When you sign a contract with an FMO, you can sell Medicare Advantage, prescription drug plans, and supplements as long as they are appointed with those lines of authority. An FMO helps you get appointed with insurance carriers.

Can you sign up for FMO?

You can sign up with a Field Marketing Organization (FMO). Insurance companies approve FMOs to sell insurance and train agents on their behalf. A captive agent can sign up with one insurance company in particular or an FMO.

Lines of Authority

NIPR does not verify exams prior to allowing submission of an application, however, an exam is required prior to the states approval of the request.

How do I print my license online?

Online printing information can be found by going to NIPR's license print page and selecting the state..

How do individuals report legal name changes?

Send written notification to Agent Services Division, 1204 Mail Service Center Raleigh, NC 27699-1204. The notification must include the previous and new name, social security number and the licensee's signature. Attach a copy of the marriage certificate, divorce decree, or other legal document showing the reason for the name change.

How do licensees cancel or surrender a license or line of authority?

Return the license (s) with a written request to cancel them. Be sure the request is signed. If you are unable to find your license (s), submit a statement requesting license cancellation. The statement must be signed and must indicate which licenses you wish canceled. Indicate your name and complete social security number.

What is the direct link to the producer licensing section of the DOI's website?

What is the direct link to the producer licensing section of the DOI's website?

Step 1. Which Insurance Licenses Do You Need?

The first step to getting your insurance license is choosing which licenses you need. The most common licenses new insurance agents get are the property & casualty license (P&C) , life and health insurance license (L&H).

Step 2. North Carolina Insurance Pre-License Education

After you’ve determined which licenses you need, you must now take your North Carolina insurance pre-license education courses.

Step 3. North Carolina Insurance License Application

Once you have completed your pre-licensing education, you are now ready to apply for your license. If you have more than one line of authority that you have passed the exam for, be sure to apply for all of those lines.

Step 4. Fingerprinting And Background Check

North Carolina requires that all insurance license applicants provide fingerprints prior to licensing. Giving your fingerprints will initiate a background check. If you have any prior misdemeanors or felonies, this may affect the outcome of your licensing efforts.

Step 5. North Carolina Insurance License Exam

The next step after submitting your application and having your fingerprints taken is to pass the insurance exam. You will take one exam for each line of insurance you wish to carry.

Step 6. Application Review

Once you have submitted your application and have filled all the other requirements, your license application will be reviewed by the state. Your background check will also be reviewed.

Congratulations!

You’ve done the work, put in the time and effort, and now hold the key to your own success! We’re proud of you. Take five (5) minutes and celebrate.

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