1. Licensing Requirements:
Rhode Island's Department of Business Regulation (DBR), specifically the Division of Insurance, oversees the licensing of insurance agents and brokers. According to the DBR, individuals must meet specific qualifications to obtain an insurance license in Rhode Island. These qualifications include passing the required pre-licensing exam, completing continuing education coursework, and meeting experience requirements.
2. Felony Conviction Disclosure:
Applicants for an insurance license in Rhode Island must disclose any felony convictions on their license application. The DBR will review the information provided and make a determination based on the circumstances surrounding the conviction.
3. Considerations for Felons:
The DBR evaluates several factors when considering a license application from an individual with a felony conviction. These factors may include:
- The nature and seriousness of the felony.
- The amount of time that has passed since the conviction.
- Evidence of rehabilitation, such as completion of a rehabilitation program, community service, or other positive contributions to society.
4. Rehabilitation and Good Character:
Applicants with a felony conviction must demonstrate rehabilitation and good character. The DBR may request additional information, references, or personal interviews to assess an applicant's current moral character and suitability for an insurance license.
5. Additional Requirements:
In some cases, the DBR may impose additional conditions or requirements for individuals with a felony conviction who obtain an insurance license. These conditions may include, for example, restrictions on the types of insurance products or services the individual can offer or additional supervision and monitoring.
It's important for individuals with a felony conviction to consult directly with the Rhode Island Division of Insurance to understand the specific requirements and procedures related to obtaining an insurance license in the state. The DBR can provide assistance and guidance on the process and any special considerations that may apply.
