Prep RetentionInsurance Exam Prep

Massachusetts insurance license renewal

Last updated

Renewal is on the Massachusetts exam, not just something to handle later. The Massachusetts part of the outline lists reinstatement and renewal (chapter 175, section 162M(b) to (d)), address change (162M(f)), reporting of actions (162V) and continuing education (177E; 211 CMR 50.00). [1] Here is what the law and the Division of Insurance say.

How long a license stays in effect

A Massachusetts producer license stays in effect, unless revoked or suspended, as long as the fee in section 14 is paid and resident producers meet their education requirements by the due date. [2] The Division issues one producer license, and lines of authority are added to it. [3]

The term and the fee

The Division's license terms and fees chart lists: [4]

LicenseTermFee
Producer3 years$225
Producer with property and casualty or personal lines3 years$300
Reinstating producer3 years$450 or $525, depending on lines of authority

Continuing education

The Division's page lists the CE for resident producers: 60 credits, including 3 in ethics, for the first renewal, then 45 credits, including 3 in ethics, for each later three-year renewal. [3] Not finishing CE before renewal may lead to non-renewal and to penalties beyond the late renewal fee. [3] Our Massachusetts continuing education page covers the rules in 177E.

If the license lapses

An individual producer who lets the license lapse may reinstate the same license within 12 months from the due date of the renewal fee without passing a written exam. A penalty of double the unpaid renewal fee applies to any renewal fee received after the due date. [2]

A producer who cannot follow renewal procedures because of military service or another extenuating circumstance may ask for a waiver of those procedures, and of any exam requirement, fine or sanction for not following them. [2]

Changes you must report

Checking your license

The Division's page says you can view your license status, expiration date and other licensing information through the State Based Systems (SBS) License Manager. [3]

Practice questions

1. What keeps a Massachusetts producer license in effect?

Answer: Paying the section 14 fee and, for residents, meeting education requirements by the due date, unless it is revoked or suspended. (M.G.L. c. 175, s. 162M(b)) [2]

2. How long after the renewal fee due date can a lapsed license be reinstated without an exam?

A. 30 days
B. 90 days
C. 12 months
D. 24 months

Answer: C. (s. 162M(c)) [2]

3. What penalty applies to a renewal fee received after the due date?

Answer: Double the unpaid renewal fee. (s. 162M(c)) [2]

4. How long does a producer have to report a change of address?

Answer: 30 days. (s. 162M(f)) [2]

5. A producer is on military service and misses renewal. What can they ask for?

Answer: A waiver of the renewal procedures, and of any exam, fine or sanction for missing them. (s. 162M(d)) [2]

6. A producer faces criminal prosecution. When must it be reported?

Answer: Within 30 days of the initial pretrial hearing date. (s. 162V(b)) [5]

Study tips

Prep Retention is independent and is not affiliated with Pearson VUE or the state.

Sources

Laws and exam documents quoted as of October 2026.

  1. Pearson VUE, Massachusetts content outlines 122301 (effective July 22, 2026): https://www.pearsonvue.com/content/dam/VUE/vue/en/documents/publications/122301.pdf
  2. M.G.L. c. 175, s. 162M: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter175/Section162M
  3. Massachusetts Division of Insurance, Individual insurance producer: https://www.mass.gov/info-details/individual-insurance-producer
  4. Massachusetts Division of Insurance, Individual and business entity licensing: https://www.mass.gov/info-details/individual-and-business-entity-licensing
  5. M.G.L. c. 175, s. 162V: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter175/Section162V

More free Massachusetts exam help

Checkout