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Minnesota Department of Commerce |
Helpful Links |
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ph: (651) 539-1599 or (800) 657-3978 fax: (651) 296-8591 email: education.commerce@state.mn.us website: http://www.mn.gov/commerce/ |
In order to renew your insurance license, you must complete the required continuing education hours for the lines of insurance that you are licensed in. All of the hours must be completed and reported prior to your license renewal date to avoid a lapse in your license.
Total Hours
24 hours biennially for Producers and Adjusters
Compliance Renewal Date
Renewal date is the last day of the licensee's birth month, biennially. The first renewal will not be due until after the producer has been licensed for at least 12 months (it will occur between 12 and 24 months).
You may also need to take specific courses or earn specific credit types to renew your license. These course completions will count toward the total hour requirement.
For All Licenses:
Ethics
3 hrs - Producers and Adjusters must complete 3 hrs of Ethics as part of the total requirement.
For Life & Health Producers:
Annuity Suitability
4 hrs - Producers must complete a one-time 4-hour Annuity Suitability Certification Training prior to selling, soliciting, or negotiating annuity products.
Long-Term Care
8/4 hrs - Producers must complete an initial 8-hour Long-Term Care (LTC) Certification Training prior to selling, soliciting, or negotiating Long-Term Care products/policies. After completing the initial requirement, producers must complete a 4-hour ongoing LTC training, due on the completion date of the 8-hour training, every 24 months thereafter. The training must be specific to MN Medicaid/Medical Assistance and it's relationship to MN Partnership plans. For non-residents who have completed the initial 8-hour LTC Partnership course in another state, they must take a 2-hour LTC training course, specific to Minnesota.
For Property & Casualty Producers:
Flood
3 hrs - Property/Casualty and Personal lines producers must complete a one-time 3-hour course on NFIP Flood Insurance Certification Training prior to selling flood insurance policies.
There are also additional rules about how the course hours can be applied.
Carryover hours are not allowed.
Courses may not be taken more than once in a reporting period.
If you meet any of criteria below, you may be exempt from the continuing education requirements.
Once you have determined the renewal requirements for your license, you can register for courses. Each course has an associated credit type; when registering for courses, select courses with credit types that will help to fulfill the renewal requirements for your license.
PreLicenseTraining.com offers webinar, online, and self study courses for Minnesota. You can register for courses at CE Courses.
You must fulfill the course requirements for each of the courses to have them reported.
*Self study exams are required to be monitored by a disinterested third party (a person with no family or financial relationship). Relatives, spouses, friends, neighbors, and co-workers are not acceptable monitors. Interactive online courses do not require a monitor.
Once a course has been completed, the completion must be reported to the state. PreLicenseTraining.com will report the course completions to Sircon.
Once you have satisfied the renewal requirements for your license, you can file a renewal application at www.sircon.com. You may renew your license no more than 60 days before its expiration date.
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