Form Fis 0202 PDF Details

In today's regulatory environment, navigating the intricacies of licensing applications is pivotal for business entities operating within the insurance sector. One such critical document, the FIS 0202 form issued in April 2008 by the Michigan Office of Financial and Insurance Regulation, serves as the foundation for businesses seeking a resident business entity insurance license in the state. This comprehensive document requests detailed information including the Federal Employer Identification Number (FEIN), business entity name, dates of incorporation or formation, and, if applicable, the National Producer Number (NP#) and any Central Registration Depository (CRD) numbers associated with the NASD Firm. It further delves into the affiliations of the business entity, particularly its relationships with financial institutions or banks, requiring complete transparency. The form also outlines the necessity to list all assumed, fictitious, alias, or trade names under which business is conducted, emphasizing the state's commitment to clarity and accountability in business operations. Critical too, is the requirement to identify at least one designated responsible licensed producer along with the identification of all owners, partners, officers, directors, members, or managers, which underlines the importance of personal accountability and integrity in the financial and insurance realms. In addition to providing general business information, applicants are obliged to disclose past criminal convictions, involvement in administrative proceedings related to professional licenses, any history of bankruptcy, delinquent tax obligations, and participation in lawsuits or arbitration proceedings involving allegations of financial misconduct. This level of rigorous scrutiny highlights the thorough approach taken by Michigan's regulatory body to safeguard the interests of consumers and maintain the integrity of the insurance industry. Conclusively, the intricate details required by the FIS 0202 form underscore its significance in the application process for an insurance license in Michigan, delineating the pathway for compliance with state regulations.

QuestionAnswer
Form NameForm Fis 0202
Form Length4 pages
Fillable?No
Fillable fields0
Avg. time to fill out1 min
Other namescis_ofis_fis_02 02_24136_7 michigan licensed business entity application form

Form Preview Example

FIS 0202 (4/08) Office of Financial and Insurance Regulation

Michigan Application for Resident Business Entity Insurance License

(Please Print or Type)

1

FEIN

 

 

 

 

 

 

 

 

2 Business Entity Name

 

 

 

 

 

 

 

 

 

 

3

Incorporation/Formation Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(month) ___(day) ___(year) _____

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4

If assigned, National

Producer Number (NP#)

 

 

 

 

5 If applicable, NASD Firm Central Registration Depository (CRD) Number

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6

List any other assumed, fictitious, alias or trade names under which you are doing

 

 

7

State of Domicile

8 Country of Domicile

business or intend to do business.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9

Is the business entity affiliated with a financial institution/bank?

 

 

 

 

10

Financial Institution/bank FEIN and name

 

 

 

Yes

 

 

No

 

 

 

 

If yes, complete item 10

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11

Business Address (Physical Street)

 

 

 

 

 

 

12

Business Address (Line Two)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

13

City

 

 

 

 

 

 

 

 

 

14

State or Province

 

 

 

15

Zip

 

 

 

 

16 Foreign Country

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

17

Phone Number

 

 

 

 

 

18 Extension

19 Fax Number

 

 

 

20 Business Web Site Address

21 Business E-Mail Address *Required*

 

(

 

)

-

 

 

 

 

 

 

 

 

(

)

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

22

Maiing Address (Physical Street or PO Box) ** Complete Mailing Address is Required **

23

Mailing Address (Line Two)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

24

City

 

 

 

 

 

 

 

 

 

25

State or Province

 

 

 

26

Zip

 

 

 

 

27 Foreign Country

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Designated/Responsible Licensed Producer

 

 

 

 

 

 

 

28

Identify at least one Designated/Responsible Licensed Producer:

 

 

 

 

 

 

 

 

 

 

 

 

SSN

 

 

 

-

-

 

 

 

NP#_________________ Name

 

 

 

 

 

 

 

 

 

 

 

 

 

SSN

 

 

 

-

-

 

 

 

NP#_________________ Name

 

 

 

 

 

 

 

 

 

 

 

 

 

SSN

 

 

 

-

-

 

 

 

NP#_________________ Name

 

 

 

 

 

 

 

 

 

 

 

 

 

SSN

 

 

 

-

-

 

 

 

NP#_________________ Name

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Owners, Partners, Officers and Directors

 

 

 

 

 

 

 

29

Identify all owners, partners, officers and directors of the business entity, or members or managers of a limited liability company:

 

 

 

SSN/FEIN

-

-

 

 

 

Name

 

 

 

 

 

 

 

 

 

Title

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SSN/FEIN

-

-

 

 

 

Name

 

 

 

 

 

 

 

 

 

Title

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SSN/FEIN

-

-

 

 

 

Name

 

 

 

 

 

 

 

 

 

Title

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SSN/FEIN

-

-

 

 

 

Name

 

 

 

 

 

 

 

 

 

Title

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SSN/FEIN

-

-

 

 

 

Name

 

 

 

 

 

 

 

 

 

Title

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SSN/FEIN

-

-

 

 

 

Name

 

 

 

 

 

 

 

 

 

Title

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SSN/FEIN

-

-

 

 

 

Name

 

 

 

 

 

 

 

 

 

Title

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SSN/FEIN

-

-

 

 

 

Name

 

 

 

 

 

 

 

 

 

Title

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SSN/FEIN

-

-

 

 

 

Name

 

 

 

 

 

 

 

 

 

Title

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SSN/FEIN

-

-

 

 

 

Name

 

 

 

 

 

 

 

 

 

Title

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SSN/FEIN

-

-

 

 

 

Name

 

 

 

 

 

 

 

 

 

Title

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SSN/FEIN

-

-

 

 

 

Name

 

 

 

 

 

 

 

 

 

Title

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FIS 0202 (4/08) Page 2 of 3

30

Type of License Requested

 

Check the box next to the Legal Business Type:

 

 

 

 

 

Corporation

Partnership

Sole Proprietorship

Limited Liability Company

Limited Liability Partnership

Note: The filed and approved Organization Papers need to be attached to this application. See item #33 for more details

Check the box next to the license type(s) and box under the line(s) of authority for which you are applying.

 

 

 

 

 

 

Lines of Authority Requested

 

 

 

 

 

 

Accident

Life

Variable

Life Pre-

Property

Casualty

Personal

Credit

Limited Lines

Title

 

License Type

& Health

 

Annuities

need only

 

 

Lines

Products

Property Casualty

 

 

Agency/Producer

 

 

 

 

 

 

 

 

 

 

 

 

Surplus Lines Producer

 

 

 

 

 

 

 

 

 

 

 

Background Information

31 Please read the following very carefully and answer every question. All written statements submitted by the Applicant must include an original signature.

1. Has the business entity or any owner, partner, officer or director ever been convicted of, or is the business entity or any owner, partner, officer orYes ___ No___

director, or member or manager of a limited liability company, currently charged with, committing a crime, had a judgment withheld or deferred, or are you currently charged with committing a crime?

“Crime” includes a misdemeanor, felony or a military offense. You may exclude misdemeanor traffic citations or convictions involving driving under the influence (DUI) or driving while intoxicated (DWI), driving without a license, reckless driving, or driving with a suspended or revoked license and juvenile offenses. “Convicted” includes, but is not limited to, having been found guilty by verdict of a judge or jury, having entered a plea of guilty or nolo contendre, or having been given probation, a suspended sentence or a fine.

If you answer yes, you must attach to this application:

a) a written statement explaining the circumstances of each incident,

b) a certified copy of the charging document, and

c) a certified copy of the official document which demonstrates the resolution of the charges or any final judgment

2.

Has the business entity or any owner, partner, officer or director, or manager or member of a limited liability company, ever been involved in an

Yes ___

No___

 

administrative proceeding regarding any professional or occupational license or registration?

 

 

 

“Involved” means having a license censured, suspended, revoked, canceled, terminated; or, being assessed a fine, placed on probation or

 

 

 

surrendering a license to resolve an administrative action. “Involved” also means being named as a party to an administrative or arbitration

 

 

 

proceeding, which is related to a professional or occupational license. “Involved” also means having a license application denied or the act of

 

 

 

withdrawing an application to avoid a denial. You may exclude terminations due solely to noncompliance with continuing education requirements

 

 

 

or failure to pay a renewal fee.

 

 

 

If you answer yes, you must attach to this application:

 

 

 

a)

a written statement identifying the type of license and explaining the circumstances of each incident,

 

 

 

b)

a copy of the Notice of Hearing or other document that states the charges and allegations, and

 

 

 

c)

a copy of the official document, which demonstrates the resolution of the charges or any final judgment.

 

 

3.

Has any demand been made or judgment rendered against the business entity or any owner, partner, officer or director, or member or manager if a

Yes ___

No___

 

limited liability company, for overdue monies by an insurer, insured or producer, or have you ever been subject to a bankruptcy proceeding? Only

 

 

 

include bankruptcies that involve funds held on behalf of others.

 

 

 

If you answer yes, submit a statement summarizing the details of the indebtedness and arrangements for repayment.

 

 

4.

Has the business entity or any owner, partner, officer or director, or member or manager of a limited liability company, ever been notified by any

Yes ___

No___

 

jurisdiction to which you are applying of any delinquent tax obligation that is not the subject of a repayment agreement?

 

 

 

If you answer yes, identify the jurisdiction(s): _______________________________________

 

 

5.

Is the business entity or any owner, partner, officer or director, or member or manager of a limited liability company a party to, or ever been found liable

Yes ___

No___

 

in any lawsuit or arbitration proceeding involving allegations of fraud, misappropriation or conversion of funds, misrepresentation or breach of fiduciary

 

 

 

duty?

 

 

 

If you answer yes, you must attach to this application:

a)a written statement summarizing the details of each incident,

b)a certified copy of the Petition, Complaint or other document that commenced the lawsuit or arbitration, and

c)a certified copy of the official document which demonstrates the resolution of the charges or any final judgment.

FIS 0202 (4/08) Page 3 of 3

6. Has the business entity or any owner, partner, officer or director, or member or manager if a limited liability company, ever had an insurance agencyYes ___ No___

contract or any other business relationship with an insurance company terminated for any alleged misconduct?

If you answer yes, you must attach to this application:

a)a written statement summarizing the details of each incident and explaining why you feel this incident should not prevent you from receiving an insurance license, and

b)certified copies of all relevant documents.

7.

Is this agency a “motor vehicle dealer-related agency”?

Yes ___ No___

 

If yes, enter the name and FEIN of the dealership. Indicate Dealership by entering “Dealership” as the Title.

 

Applicants Certificate and Attestation

32 The undersigned owner, partner, officer or director of the business entity hereby certifies, under penalty of perjury, that:

1.All of the information submitted in this application and attachments is true and complete and I am aware that submitting false information or omitting pertinent or material information in connection with this application is grounds for license or registration revocation and may subject me and the business entity or limited liability company to civil or criminal penalties.

2.Where required by law, the business entity or limited liability company hereby designates the Commissioner, Director or Superintendent of Insurance, or an appropriate representative in each jurisdiction for which this application is made to be its agent for service of process regarding all insurance matters in the respective jurisdiction and agree that service upon the Commissioner or Director of that jurisdiction is of the same legal force and validity as personal service upon the business entity.

3.The business entity or limited liability company grants permission to the Commissioner or Director of Insurance in each jurisdiction for which this application is made to verify any information supplied with any federal, state or local government agency, current or former employer or insurance company.

4.Every owner, partner, officer or director of the business entity, or member or manager of a limited liability company, either a) does not have a current child-support obligation, or b) has a child-support obligation and is currently in compliance with that obligation.

5.I authorize the jurisdictions to give any information they may have concerning me to any federal, state or municipal agency, or any other organization and I release the jurisdictions and any person acting on their behalf from any and all liability of whatever nature by reason of furnishing such information.

6.I acknowledge that I understand and comply with the insurance laws and regulations of the jurisdictions to which I am applying for licensure/registration.

7.If required, I have received a Certificate of Good Standing from the jurisdiction's Secretary of State in which I am applying.

8.For Non-Resident License Applications, I certify that I am licensed and in good standing in my home state/resident state for the lines of authority requested from the non-resident state.

Attachments

33The following attachments must accompany the application otherwise the application may be returned unprocessed or be considered deficient. Corporations need to attach Articles of Incorporation.

Partnerships, Limited Liability Partnerships and Sole Proprietorships need to attach Creation Papers. Limited Liability Companies need to attach Articles of Organization

Must be signed by an officer, director, principal or partner of the business entity, or member or manager if a limited liability company:

_____________________________________

Month

Day

Year

Signature

 

 

 

 

 

_______________________________________________________

 

 

 

Typed or Printed Name

 

 

 

 

 

_______________________________________________________

 

 

 

Title

 

 

 

 

 

_______________________________________________________

 

 

 

Social Security Number

 

 

 

 

 

_______________________________________________________

 

 

 

Address

 

 

 

 

 

_______________________________________________________

 

 

 

City

State

Zip

_______________________________________________________

Authorized by PA 218 of 1956 as amended. Failure to properly complete this application may result in a rejection of your application, or a compliance action including revocation, against any Michigan licenses issued to you by the Office of Financial and Insurance Regulation.

Fee Processing Card Instructions

Please read these instructions carefully. Complete and detach the bottom portion at the dotted line. Keep the top part for your records. Return the bottom part with your payment as instructed. Insurance forms may be downloaded from our website.

Attach this Fee Processing Card below (form FIS 0223) to your payment for applications for insurance license (using forms FIS 0202, FIS 0220, FIS 0221 and/or the NAIC Uniform Applications).

Please make your payment using a check or money order made payable to: State of Michigan.

Fees submitted are non-transferable and non-refundable.

Complete the Fee Processing Card, by typing or printing the applicant or licensee name and either your System ID Number if you are already licensed, OR Social Security Number (for individuals) / Employer I.D. Number (business entities) if you are a new applicant. Use the checkbox(es) to indicate the fee(s) you are paying.

Applications if an exam IS required: Submit your application form, form FIS 0223 Fee Payment Card, and payment at the exam site when taking your exam.

Applications if an exam IS NOT required: Submit your completed application, form FIS 0223 Fee Payment Card, and payment to the address at the right.

Mailing and delivery address

Prometric/OFIR

1701 S Waverly Rd Ste 104

Lansing MI 48917-4300

Michigan Department of Labor & Economic Growth

The Department of Labor & Economic Growth will not discriminate against any individual or group because of race, sex, sexual orientation, religion, age, national origin, color, marital status, political beliefs or disability. If you need help with reading, writing, hearing, etc., under the Americans with Disabilities Act, you may make your needs known to this agency.

Visit OFIR online at: www.michigan.gov/ofir

Phone OFIR toll-free at: 1-877-999-6442

Please cut form on this line. Retain top part for your records. Return bottom part with your payment. Please do not use staples.

FIS 0223 (4/08) Office of Financial & Insurance Regulation

Use a separate card for each application. If you

Make check or money order for

 

Fee Processing Card

have questions about this form, please phone us

full amount due, payable to

 

toll-free at 877-999-6442.

“State of Michigan”

 

 

 

 

Application and License Fees

 

Amount Due

 

Resident Producer/Agency

98-05-01

$10.00

 

 

Non-Resident Producer/Agency

98-04-01

$10.00

 

 

Solicitor

98-06-01

$20.00

 

 

Counselor

98-02-01

$20.00

 

 

Insurance Adjuster

98-03-01

$15.00

 

 

Adjuster for the Insured

98-01-01

$15.00

 

 

Surplus Lines Producer/Agency

98-07-13

$110.00

 

 

Non-Resident Surplus Lines

 

 

 

 

 

 

Producer/Agency

98-14-01

$110.00

Name (Last, First Middle) or Business Entity name

If you are already licensed, enter your 7-digit System ID Number

New Applicants: Enter Social Security Number (individuals) or Agency Employer ID Number

Fees submitted are non-transferrable and non-refundable.

Authorized by PA 218 of 1956 as amended. Failure to properly complete and submit this form may result in processing delays.