This is a legal form that was released by the Michigan Department of Insurance and Financial Services - a government authority operating within Michigan. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is a Form FIS2351?
A: Form FIS2351 is a request form to sponsor a temporary producer licensee in Michigan.
Q: Who can use Form FIS2351?
A: This form can be used by individuals or businesses who want to sponsor a temporary producer licensee in Michigan.
Q: What is a temporary producer licensee?
A: A temporary producer licensee is an insurance producer who has not yet been fully licensed but is working under the supervision and sponsorship of an already licensed producer.
Q: Why would someone need to sponsor a temporary producer licensee?
A: Sponsoring a temporary producer licensee allows individuals or businesses to provide training and supervision to new insurance producers who have not yet obtained their full license.
Q: How long does it take for a temporary producer licensee to be approved?
A: The processing time for a temporary producer licensee application can vary. It is recommended to contact the DIFS directly for information on current processing times.
Q: Can a temporary producer licensee perform all the same tasks as a fully licensed producer?
A: No, there may be certain limitations on the tasks and activities that a temporary producer licensee can perform. These restrictions are specified by the DIFS.
Q: What are the requirements for becoming a sponsor of a temporary producer licensee?
A: To become a sponsor, an individual or business must meet certain eligibility requirements set by the DIFS. These requirements may include holding a valid insurance producer license and meeting certain experience or education criteria.
Q: Is there a limit on the number of temporary producer licensees that can be sponsored?
A: There may be a limit on the number of temporary producer licensees that an individual or business can sponsor. The specific limits are determined by the DIFS.
Form Details:
Download a fillable version of Form FIS2351 by clicking the link below or browse more documents and templates provided by the Michigan Department of Insurance and Financial Services.