Why it matters
The resident state sets the exam and pre-licensing rules the agent must pass. An agent holds one resident license at a time. Moving to a new state usually means applying for a new resident license there, and the old one may convert to nonresident status. Agents who plan to sell by phone across many states should start with a clean resident license, since many states grant nonresident licenses based on it. Rules vary by state.
Source: naic.org
Read next, for agentsHow life insurance licensing works across multiple statesWhere we use this term
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