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Montana Insurance Division |
Helpful Links |
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ph: (406) 444-2040 or (800) 332-6148 fax: (406) 444-3497 email: pdaugherty@mt.gov website: http://www.csi.mt.gov/ |
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. Licensees born in odd-numbered years renew in odd-numbered years, and licensees born in even-numbered years renew in even numbered years. The license renewal date appears on the face of the license.
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.
There are no line-specific requirements. Any course type is allowed (Limited lines credit only is an exception to this rule; refer to the state's guidelines).
For All Licenses:
Ethics
3 hrs - Producers and Adjusters must complete 3 hrs of Ethics as part of the total requirement.
Law
1 hr - Producers and Adjusters must complete 1 hr on Montana law changes as part of the total requirement.
For Life & Health Producers:
Annuity Suitability
4 hrs - Effective January 1, 2018: Producers and brokers must complete a one-time 4-hour Annuity Suitability Certification Training prior to selling, soliciting, or negotiating annuity products. Completing it in another state that has implemented a similar requirement based on the 2010 Suitability in Annuities Regulation will satisfy the Montana requirement.
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.
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 biennial 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, and online courses for Montana. 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 or online final exams are required to be monitored either by a training director or disinterested third party (an individual not related to or able to benefit from, actions of the producer)
Once a course has been completed, the completion must be reported to the state. PreLicenseTraining.com will report the course completions to State Based Systems.
Once you have satisfied the renewal requirements for your license, you can file a renewal application at www.sircon.com.
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