Conversion Course 4-40 to 2-20 – Becoming a Florida Insurance Agent
This article looks at the Florida 4-40 to 2-20 conversion course. This course is specific to Florida licensing and is how a CSR FL 4-40 can become a FL 2-20 agent without taking a 200 hour course.
Florida makes a distinction between a 2-20 General Lines agent and a 4-40 customer service representative. A 2-20 agent is one who can sell insurance and operate an insurance agency. A 4-40 customer service representative works under the direction and control of a 2-20 agent, assisting the agent in the sales and operation of the business.
There are two ways to become a 2-20 General Lines agent. The first is to take and pass the state-required 200-hour pre-baccalaureate course, and then successfully complete the state licensing exam.
The second is to obtain the 4-40 license and work as a full-time customer service representative for at least one year. This license is obtained by taking the Florida Insurance University / University of Central Florida Registered Customer Service Representative designation, which exempts the student from the state license test for the 4-40 license.
Once this is done, the student can take and pass the 4-40 to 2-20 conversion course offered by Florida Insurance University. This course is a 40-hour distance learning course that qualifies the applicant to take the state licensing exam.
In today’s economy, the insurance profession is one of the few in which jobs and incomes are not only stable, but growing. Job opportunities are good for those with sales experience and good interpersonal skills. The US government reports that employment of insurance sales agents is expected to grow through 2016. Median annual earnings of insurance sales agents were $ 43,870 in May 2006. The earnings range reflected that the Top 10% earned more than $ 115,090. Company-paid benefits generally include continuing education, group insurance plans, office space, auto and transportation expenses, health insurance, and retirement benefits.