When Does Accumulation Begin?
Producers with a continuation date of January 1, 2002 began the accumulation cycle January 2, 2000. Producers who do not have a 2002 continuation date must comply by January 1, 2003. The accumulation cycle for January 1, 2003 continuation began January 2, 2001. First time licensees have until their second continuation to comply with the CE requirement. The accumulation period for a first time licensee is the two years prior to their second license continuation period. Any credits earned prior to that time will not count toward the second continuation. Example: Licensee`s second continuation is January 1, 2002 accumulation period is January 2, 2000 January 1, 2002. Any credits earned prior to January 2, 2000 will not apply toward the January 1, 2002 license continuation.
Other Colorado Insurance FAQs
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Q:
What Is The Address And Phone Number For The Colorado Department Of Insurance?
A: Colorado Insurance Commissioner 1560 Broadway, Suite 850 Denver, CO 80202 (303) 8947499
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Q:
What Are The Licensing Requirements For A Bail-Bonding Agent?
A: Requirements to become a Licensed Bail Bond Agent can be obtained from the CO Insurance Bail Bond Agent Handbook. Visit www.asisvcs.com , follow the links to …
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Q:
What Is The Relevant State Statute?
A: Colorado Revised Statute Title X.
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Q:
What Are The Producer Continuing Education Requirements?
A: In 1992 the Colorado General Assembly passed House Bill 921076, mandating continuing education for insurance producers. Effective January 1, 1993, the continuing …
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Q:
When Do The Continuing Education Requirements Begin?
A: First time licensees do not have to comply until their second continuation, and every two years thereafter. If you have already gone through a continuation, you must …
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Q:
Do I Need 24 Credit Hours Or Each Insurance Authority That I Possess?
A: No, the requirement is a total of twentyfour credit hours every two years.
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Q:
Can Extra Continuing Education Hours Be Carried Over?
A: A maximum of 12 credits earned over the required 24 can be allocated for carry over if taken in the final 120 days of the 24month license continuation cycle. This …
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Q:
Does An Agency License Require Continuing Education?
A: No.
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Q:
If The Only Authority I Have Is Life, Life/Variable, Health, Hmo Or Np, Which Classes Can I Take For Ce Credit?
A: At least 18 hours in the Life/Health category, with the balance in Life/Health or Property/Casualty. Please Note: The Colorado Division of Insurance must approve all …
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Q:
If I Have A Combination Of Authorities Such As Life, Life/Variable, Health, Hmo, Np And Property Or Casualty, Which Classes Can I Take For Ce Credit?
A: Since you have a combination in Life/Health & Property/Casualty, you can take Life/Health or Property/Casualty approved courses. You may split the hours between both …
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