In South Carolina, how long after an insurance agent’s license is revoked must they wait to reapply?

In South Carolina, when an insurance agent’s license is revoked, they must wait three years before they are eligible to reapply for a new license. This waiting period is designed to ensure that the reasons for the revocation are adequately addressed and that the applicant has demonstrated a commitment to rectifying any past issues.

The three-year time frame serves as a form of discipline, allowing the regulatory authority to assess whether individuals seeking to reenter the profession possess the necessary integrity, ethics, and compliance with the laws that govern insurance practices. The option of five years might seem reasonable as a deterrent, but the statute specifically establishes three years as the appropriate interval for reapplication after revocation.