how long is ltc ce course good for

Training required each compliance period. Non-Partnership Policies - 8 hours of General LTC Continuing Education (CE) Training for each first 4 years licensed with 8 hours every 2 years thereafter. California Partnership Policies - 8 hours of General LTC Continuing Education every 2-year license term.

Full Answer

How many hours of continuing education in ethics must Agents complete each licensing term?

3 hoursCalifornia Insurance Continuing Education Courses and Requirements. California requires 24 hours of continuing education including 3 hours of ethics every two-year license term, regardless of how long you have been a licensed producer. Renewal dates depend on the date of license issuance.

What is required to sell LTC in Indiana?

Resident Requirements Producers must hold either an Accident & Health or Life, Accident & Health license to sell LTC insurance. Before marketing, selling or soliciting any LTC products, all producers must initially complete: An (8) eight hour basic LTC continuing education course specifically approved for LTC.

How many hours of continuing education focusing on long term care is required of producers who write long term care insurance in Oklahoma?

Additional Selling CE Requirements Title Producers are required to complete 16 hours of continuing education.

Is LTC mandatory in California?

It's a mandatory program. It is funded by a progressive tax, so that the poor pay very little and the rich do a great deal of the funding.

What is Indiana Partnership Long Term Care?

The Indiana Long Term Care Insurance Program (ILTCIP) is an innovative partnership between the State of Indiana and private long-term care insurance companies. Indiana has taken the lead in helping residents protect their hard-earned savings from the high cost of long-term care.

Can you have 2 LTC policies?

If you are still insurable and can afford to pay an additional premium, you may be able to add benefits to your LTC policy. You could keep the policy you have and purchase a rider that adds benefits to your existing policy, or buy a second policy from the same company or a different company.

Does Medi-Cal cover LTC?

Medi-Cal covers a wide array of long-term care services through more than 20 different programs. Medicare is a federally funded and administered program that pays for health care services for U.S. residents who are 65 years of age or older or who have long-term disabilities.

What are the three types of long-term care insurance?

There are three types of long-term care insurance.traditional (i.e., stand-alone) policies;hybrid policies; and.policies as part of a Continuing Care Retirement Community package.

Course Outline

This 8 hour class is approved by the State of Florida, and meets the mandatory initial continuing education requirement to start selling Long Term Care Insurance for those already licensed as Health producers.

Instructor Bio

Keith Haley is the Online Insurance instructor and industry expert for At Your Pace Online. In addition to his insurance license, Keith holds a Bachelor's degree in Finance, Master's degree in Education, and is a Certified Financial Planner and licensed insurance producer.

What is LTC training?

Starting in 2007, LTC insurance training became a requirement for anyone who sells, solicits, or negotiates a long-term care policy. This requirement was outlined in the Deficit Reduction Act of 2005 and reinforced by the 2006 NAIC Model Act. States then adopted this training mandate and now require an initial training course and a mandatory refresher training every two years thereafter. This training is unique from typical insurance training in that the insurance carriers are the ones responsible for ensuring producers are compliant prior to selling or soliciting LTC insurance products. The certification is also required for most life insurance and annuity products that have LTC benefits.

Do LTC courses have to be approved?

While most LTC Certification courses have been approved as continuing education, do NOT assume that all LTC continuing education courses will meet the requirement. The DRA and NAIC have specific product training requirements that must be in courses.

Do producers need to be trained before selling LTC insurance?

Therefore, Congress required mandatory producer training prior to producers selling or soliciting LTC Partnership policies. Congress left it up to each state to implement the training. Today, most states now require this training prior to selling Partnership or regular LTC insurance policies. Additionally, the National Association ...

Is a DRA NAIC course reciprocal?

The majority of states have adopted "reciprocity " which means that the DRA NAIC training that you take in your state will probably be reciprocal in another DRA NAIC state.