Currently, each resident life, disability, property or casualty insurance agent, broker or solicitor is required to present thirtytwo (32) hours of approved continuing education as a prerequisite to license renewal or reissuance (reinstatement). Nonresidents are exempt from continuing education requirements.
Licensees must include copies of the Certificate of Completion of continuing education courses with the license renewal application. All courses must have been completed within the twentyfour months immediately preceding the assigned renewal date. Licensees must retain each certificate of completion for a minimum of three years from the date the course is used for continuing education compliance.
A list of organizations which sponsor approved continuing education courses is available from the Education Department of the Insurance Commissioner's Office.
Effective January 1, 1998, resident and nonresident licensees engaged in the transaction of longterm care insurance, long term care partnership insurance or both, are required to take an approved sixhour course on long term care, long term partnership, or both, every two years. The Commissioner will prescribe the content of the course. Each course will be approved in advance. The insurer, not the licensee must certify to the Commissioner, that its appointees complied with this requirement. The approved sixhour course may also count towards the thirtytwo required continuing education credit hours, if it is approved for that purpose.