Continuing education (CE) rules apply to persons holding the following types of licenses
- General Property & Casualty (formerly Local Recording Agent and Solicitor)
- Insurance Service Representative
- General Life, Accident, Health & HMO
- Managing General Agent
Special Requirements for Annuities
All Licensees must complete a four-hour annuity certification course before they begin selling or soliciting annuities. Anyone with a longevity exemption (20 years continuously licensed) is not exempt from this requirement.
If the original certification course is completed within the first twelve months of the license cycle, a certified four hour annuity continuing education course must be completed during the second twelve months of the license cycle. Licensees must complete eight hours of certified annuity continuing education during each subsequent license cycle. Anyone with a longevity exemption is exempt from the continuing education requirement
Special Requirements for Medicare Related Products
Licensees must complete an eight-hour Medicare related products certification course before they begin selling or soliciting Medicare related products and must complete a certified four hour Medicare related products continuing education course during each license cycle.
Anyone with a longevity exemption (20 years continuously licensed) is not exempt from either the certification or the continuing education requirements.
When proof is required
Acknowledgment of compliance with CE requirements, or proof of exemption from the requirements, is required each time one of these licenses is renewed. All of the licenses listed above are renewed every two years.
Penalty for non-compliance
Failure to comply may subject the licensee to a fine, or suspension, revocation or cancellation of license.
An agent who has been licensed for 20 consecutive years is exempt from the continuing education requirement upon request. The exemption does not apply to the education requirements for licensees selling Medicare related products. A request for exemption form is available from TDI. The request should include a history of licensure with dates, license types (life, LRA, solicitor) and TDI file numbers. Appointment cards or other information from insurance companies may suffice if the dates and numbers are incomplete. An agent that reaches the 20-year threshold within the first year of the two-year renewal period will receive notification of exemption for the entire period. An agent that reaches the 20-year threshold during the second year of the two-year renewal period should take at least 15 hours of continuing education during the first year and submit the exemption request at the beginning of the second year. In this case, the agent will receive notification of exemption effective for the second year only.
CE credit hour requirements
All licensees are required to obtain at least 24 hours of continuing education credit in each two-year period between renewals. All Texas license holders subject to continuing education requirements must complete two hours of approved ethics courses. The two-hour ethics course is part of, and not in addition to, the 24-hour CE requirement. Also, a minimum of 12 hours of the required 24 must be obtained through classroom or classroom equivalent courses.
Certificate of completion
Record keeping is the responsibility of the agent. The course provider sends nothing to the TDI license division. The provider monitors the agent's attendance, records the agent's name and mailing address, and furnishes certification directly to the agent after the course has been completed. The certificates received from each course should be kept in a safe place for four years as TDI may audit these records at any time.
State or national association CE credit
The State and National Insurance Association Credit rule permits agents who (1) are members of a state or national insurance association (such as IIAT), or (2) hold a national designation certification (such as ACSR, CIC or CPCU) to accumulate up to four hours of self-study CE credit by:
- Reviewing educational materials provided by the national designation sponsor or state or national insurance association. Education material is defined in the rule as "printed or electronic materials with content intended to enhance the recipient's knowledge of insurance-related topics." Examples: bulletins, newsletters (such as IIAT's "Texas Agent" and "Personal Lines Report"), magazines (such as IIABA's "Independent Agent"), and electronic resources (such as IIAT's InfoCentral). The maximum CE credit available for this activity is two hours.
- Attending educational presentations sponsored by the national designation sponsor or state or national association. Educational presentation is defined in the rule as "a live presentation allowing for questions or discussion given to a group of three or more licensees and that provides information intended to enhance the recipient's knowledge of insurance-related topics." Examples: presentations at IIAT's Joe Vincent seminar, annual conference, committee meetings, or board meetings.
To claim CE credit under this rule, the agent should file form FIN523 (Request for Banking of Association Credit Accepted by TDI)
, available for downloading from the TDI website. Send it to the address on the form for recognition of credit in the current renewal cycle. TDI staff will record the credit hours in the CE database maintained for TDI by Sircon/Pearson Vue.