FINANCIAL BROKERS, AGENTS, AND DEALERS License in Massachusetts
Quick Answer
The COS API matched 'Insurance Adviser' rather than general Insurance Agent in Massachusetts. The standard producer license requires pre-licensing education, passing the state exam, and approximately $325 in total fees. Massachusetts has a unique insurance market shaped by its early health reform initiatives and coastal exposure to severe weather.
- Education Required
- 40 hours
- Exam
- Massachusetts Insurance Producer Exam (Prometric)
- Total Cost
- $325 (est.)
- Timeline
- 4-8 weeks
- Background Check
- Required
- Renewal
- Every 2 years
Requirements
FINANCIAL BROKERS, AGENTS, AND DEALERS license in Massachusetts
Estimated Costs Est.
- Application Fee
- $100
- Exam Fee
- $62
- Renewal Fee
- $100
- Total Estimated Cost
- $325
Cost Breakdown
Estimated costs for getting your FINANCIAL BROKERS, AGENTS, AND DEALERS license in Massachusetts. Values marked "Est." are extracted from official descriptions.
Enter the cost of your pre-licensing education program
Fees marked "Est." are extracted from official descriptions and may not reflect current pricing. Verify with the Massachusetts licensing board.
FINANCIAL BROKERS, AGENTS, AND DEALERS Salary in Massachusetts
Entry Level
$38,550
Median
$77,660
Experienced
$203,410
Source: Bureau of Labor Statistics. Salary data is for informational purposes only.
How to Get Licensed
Step-by-step roadmap to becoming a licensed FINANCIAL BROKERS, AGENTS, AND DEALERS in Massachusetts.
- 1
Complete Education Requirements
No educational requirements
- 2
Submit Background Check
Felony convictions prohibited
- 3
Pass the Required Exam
State exam required — Massachusetts Insurance Producer Exam (Prometric)
- 4
Submit Your Application
File your application with the licensing agency. Application fee: ~$100.
- 5
Receive Your License
Processing typically takes 4-8 weeks.
FINANCIAL BROKERS, AGENTS, AND DEALERS Licensing in Massachusetts: What to Know
The COS API returned 'Insurance Adviser' for Massachusetts rather than Insurance Agent or Producer, which is a distinct license type focused on fee-based insurance consulting rather than commission-based sales. The general Insurance Producer license in Massachusetts is administered by the Division of Insurance under the Office of Consumer Affairs and Business Regulation. Massachusetts has a unique insurance market historically characterized by its managed competition system for auto insurance and its early adoption of health insurance reform under the 2006 Massachusetts Health Reform Law, which served as a model for the Affordable Care Act. Boston is a major insurance and financial services hub. Pre-licensing education requires approximately 40 hours per line of authority. Massachusetts requires fingerprint-based background checks. The state has specific regulations around the sale of flood insurance given its coastal exposure to nor'easters and occasional hurricanes. Continuing education is 24 hours biennially, including 3 hours of ethics. Massachusetts participates in NIPR for non-resident licensing.
Frequently Asked Questions
- How much does a FINANCIAL BROKERS, AGENTS, AND DEALERS license cost in Massachusetts?
- The estimated total cost is $325, including application fees, exam fees ($62), and education costs.
- How long does it take to get a FINANCIAL BROKERS, AGENTS, AND DEALERS license in Massachusetts?
- The process typically takes 4-8 weeks, depending on education completion and exam scheduling.
- What exam do I need for a FINANCIAL BROKERS, AGENTS, AND DEALERS license in Massachusetts?
- You need to pass the Massachusetts Insurance Producer Exam (Prometric). State exam required
Considering another state?
Compare FINANCIAL BROKERS, AGENTS, AND DEALERS requirements across states.
View all states →Data from CareerOneStop (DOLETA/DEED). Last updated: February 14, 2026.