The final step in the licensure or registration process is obtaining a license/registration. The pharmacy regulatory authority (PRA) will verify that the candidate has fulfilled all the necessary requirements for licensure. Candidates are required to pay a fee for their license, and they must renew it annually by paying a renewal fee. It's important to note that the renewal fee may not be the same as the initial registration fee. Additionally, candidates are obligated to obtain and maintain personal professional liability insurance coverage, which assists pharmacists in covering legal expenses in case of a lawsuit.