how long must producer maintain records of continuing education course completion

by Prof. Hiram Oberbrunner III 6 min read

Producers must maintain a record of CE course completion for at least 4 years.

What are the continuing education requirements for license holders?

Providers must keep all course and attendance or registration records for three years from the course-completion date. CE providers must maintain the following records: Provider application, program director application, course application and instructor or content developer resume that the continuing education provider submitted to the commissioner to request course and credit …

What is the continuing education (CE) reporting worksheet?

How long must producer maintain records of continuing education course completion? 4 years On its advertisement, a company claims that it has funds in its possession that are, in fact, not available for the payment of losses or claims.

Do CPA's need to keep certificates of completion for license renewal?

As an approved provider, how long must we maintain records of continuing education records? Per Administrative Rules 1300; Records must be maintained for six years. Is there a technical support to assist with the internet credit reporting procedure? SBS telephone number is 816-783-8990 or [email protected].

What are the continuing education rules by topic?

How long do I keep proof of course completion? You must keep copies of certificates and documentation of completed courses for five years. Random audits will be conducted to determine compliance. Knowingly making a false statement on an application for renewal is grounds for revocation of registration (Health and Safety Code Section 106715).

How many hours of CE must be completed every 2 years quizlet?

Producers must complete 24 hours of continuing education every two years, 3 of which must be in ethics.

How many continuing education hours can be carried over to the next reporting period if a producer completes more than the required number of hours?

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....California Insurance Continuing Education Courses and Requirements.Course NameCredit HoursLine of AuthorityAnti-Money Laundering2.00Ethics19 more rows

How long is the Incontestability period in group life insurance policies issued in Texas?

two yearsIn Texas, except for nonpayment of premiums, life insurance policies become incontestable after they are in force for a maximum of two years (Insurance Code, Articles 3.44(3) and 3.50, Sec.

How often does an agent's insurance license expire quizlet?

Insurance agent's license expires every 2 years.

How many hours of CA law are required for continuing education each year?

All RCPs in the State of California who wish to maintain an active license are required to complete 30 hours of continuing education (CE) for license renewal with the exception of your first renewal, where you are required to complete 15 hours.

How many hours of continuing education are required for license renewal Georgia?

36 hoursTo renew your license, you need: 36 hours of CE credits, and. 3 hours of your 36 hours needed to renew your license must include a course approved for License Law credit.

How long is the grace in group policies?

Depending on the insurance policy, the grace period can be as little as 24 hours or as long as 30 days. The amount of time granted in an insurance grace period is indicated in the insurance policy contract. Paying after the due date may attract a financial penalty from the insurance company.

How long is the standard Incontestability period in group life insurance policies?

All life insurance policies must contain an incontestability clause, which is a provision that the policy will be incontestable after it has been in force during the lifetime of the insured for two years from its date, except for nonpayment of premiums.Oct 21, 2017

How long is the grace period in group policies quizlet?

Group life insurance policies have a standard grace period of 31 days. In most states, all group life insurance policies must adhere to the following legal requirements, EXCEPT: A medical exam is not required by individuals applying for group life insurance coverage.

How long must insurers keep records related to advertisement of insurance policies?

All advertisements shall be maintained in the file for a period of five (5) years after discontinuance of its use or publication.

How often must an insurance agent license normally be renewed quizlet?

producers need to submit a license renewal application every 2 years.

What must be disclosed when a producer advertises a life insurance policy?

Advertisements must be truthful and not misleading in fact or by implication. The form and content of an advertisement of a policy will be sufficiently complete and clear so as to avoid deception. It will not have the capacity or tendency to mislead or deceive.

Continuing Education Requirements by License Type

The table below summarizes the continuing education requirements for license holders:

What Counts as Credit Toward CE Requirements?

Typically, credit is earned by taking courses that have been approved by TDI from registered course providers. Each course will indicate the number of hours and whether any count toward the ethics requirement.

Useful Tools to Find Courses, View Your Transcript, etc. - at your fingertips

Useful information is available from the Sircon/Compliance Express - Look up education courses/credits menu, including the following:

Continuing Education Rules by Topic

The table below provides references to the continuing education rules concerning licensees. The rules are located in the Texas Administrative Code, and can be easily retrieved through a handy Texas Administrative Code Search Tool. For example, to locate §19.602, at the search screen, enter: