Maine Insurance License
Licensing requirements for Maine insurance professionals and companies.
This page provides an overview of insurance licensing in Maine for individuals and companies. You will find state requirements, application fees, filing instructions, and more. For assistance with licensing, please contact us to learn about our software and managed license services.
Companies that provide insurance producer services in Maine must apply for a license prior to doing business. Depending on the lines of authority offered by the entity and the types of services offered, multiple firm licenses may be required.
Before applying, firms should ensure that the licensed individual to be appointed agent in charge has the necessary licenses. Firms should also gather proof of incorporation, or foreign qualification for out-of-state firms, in anticipation of application requirements.
Company Licenses
Maine Insurance Company Licenses
Maine Guaranteed Asset Protection (GAP) Waiver Administrator Registration
Agency: | Maine Department of Professional and Financial Regulation - Bureau of Consumer Credit Protection |
Initial Registration
Form: | Guaranteed Asset Protection (GAP) Waiver Administrator Registration Application |
Agency Fee: | $200 |
Registration Renewal
Form: | Guaranteed Asset Protection (GAP) Waiver Administrator Registration Application (Renewal) |
Agency Fee: | $150 |
Due: | Annually by December 31. |
Maine Insurance Agency License
Agency: | Maine Bureau of Insurance |
Initial Registration
This section applies to insurance firms that are applying for a license in Maine for the first time.
Agency: | Maine Bureau of Insurance |
Form: | |
Agency Fee: | Varies by insurance type. Baseline of $45 |
Maine Medical Utilization Review License
Type of Review: | Medical Utilization Review |
Agency: | Maine Bureau of Insurance |
Foreign Qualification is Prerequisite: | Yes |
Initial Registration
Form: | |
Agency Fee: | $400 |
Required Attachments: |
|
Registration Renewal
Agency Fee: | $100 |
Due: | Annually by April 1. |
Notes: | Return the notice sent by the insurance bureau along with the renewal fee to renew your license. |
Supplemental Reporting
Annual Evaluation Information Report
Form: | |
Agency Fee: | $0 |
Due: | Annually by April 1. |
Notes: |
|
Maine Service Contract Providers/Administrators License
Agency: | Maine Bureau of Insurance |
Foreign Qualification is Prerequisite: | No |
Registered Agent (Special Agency) Required? | No |
Initial Registration
Form: | Registration Application for Service Contract Provider and Service Contract Administrator |
Filing Method: | |
Agency Fee: | $200 |
Registration Renewal
Form: | Registration Application for Service Contract Provider and Service Contract Administrator |
Filing Method: | |
Agency Fee: | $200 |
Due: | Annually by November 1. |
Maine Third Party Administrator License
Agency: | Maine Department of Professional and Financial Regulation Bureau of Insurance |
Foreign Qualification is Prerequisite: | Yes |
Bond Requirements: | |
Registered Agent (Special Agency) Required? | No |
Initial Registration
Form: | |
Instructions: | |
Filing Method: | |
Agency Fee: | $100 |
Required Attachments: | TPA Contract Certification, TPA Bond Form, verification of applicationfor registration with Maine Secreatry of State. |
Registration Renewal
Instructions: | Complete instructions for renewal payment and bond calculation are included within the renewal notice. |
Filing Method: | |
Agency Fee: | $100 |
Due: | Annually by May 1. Reporting Form is due annually by April 30. |
Required Attachments: | Bond Calucation Form and Reporting Form. |