Microinsurance Licensing Requirements

Forms to be completed for Microinsurance licenses
(as applicable, in accordance with Cap 15 of the PR Insurance Code)
Microinsurance Distributor
‍You must be actively licensed as an authorized representative, producer or general agent for the property and contingency line of authority.
  1. NAIC Individual Uniform Form Request and/or NAIC Business Entity Uniform Form (as applicable)
  2. Designation of the Microinsurance Insurer OCS-SP-MS-1
  3. Consent General Microinsurance Agent OCS-SP-MS-B1
  4. Appointment of General Agent Microinsurance OCS-SP-MS-A1
Microinsurance Administrator
‍It only applies to corporations.
  1. NAIC Business Entity Uniform Request
  2. Designation of the Microinsurance Insurer OCS-SP-MS-1
  3. Guaranty Bond for Microinsurance Administrator OCS-SP-MS-GBMA (applies to MS Administrator only)
Microinsurance Solicitor
Only applies to individuals
  1. Application Request NAIC Individual Uniform Form
  2. OCS-SP-MS-2 Microinsurance Solicitor Appointment