This version of the form is not currently in use and is provided for reference only. Download this version of Form INS3278 for the current year.
This is a legal form that was released by the Ohio Department of Insurance - a government authority operating within Ohio. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is the INS3278 form?
A: INS3278 is the form used for Individual Managing General Agent (MGA) License Renewal/Continuation in Ohio.
Q: What is a Managing General Agent (MGA)?
A: A Managing General Agent (MGA) is an entity or individual that manages, directs, or advises an insurer in the underwriting or administration of insurance policies.
Q: Who needs to renew their MGA license in Ohio?
A: Individuals who hold a Managing General Agent (MGA) license in Ohio need to renew their license.
Q: How often do I need to renew my MGA license in Ohio?
A: The MGA license in Ohio needs to be renewed annually.
Q: What is the purpose of renewing the MGA license?
A: Renewing the MGA license ensures that the individual is still qualified and compliant with the regulations to operate as a Managing General Agent in Ohio.
Q: Are there any requirements for renewing the MGA license in Ohio?
A: Yes, there are certain requirements, such as completing the INS3278 form and paying the renewal fee.
Q: Is there a fee for renewing the MGA license in Ohio?
A: Yes, there is a renewal fee that needs to be paid with the application form.
Q: Are there any penalties for not renewing the MGA license on time?
A: Yes, there may be penalties for late renewal, including additional fees and potential suspension of the license.
Q: How long does it take to process the MGA license renewal application?
A: The processing time for the MGA license renewal application may vary, but it typically takes a few weeks.
Q: What should I do if there are changes to my MGA license information?
A: If there are any changes to your MGA license information, you should notify the Ohio Department of Insurance and update your license accordingly.
Form Details:
Download a fillable version of Form INS3278 by clicking the link below or browse more documents and templates provided by the Ohio Department of Insurance.