New York Insurance Agent 15-Hour Continuing Education Course (Life, Health, Property, and Casualty)

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Free
  • Duration: 15 hours
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How to Renew Your New York Insurance License

General Requirements:

Total Hours

15 hours biennially for Producers licensed in a single line (Life/Health OR Property/Casualty) and Public Adjusters

30 hours biennially for Producers with combined licenses (Life/Health AND Property/Casualty)

  • Producers who hold both an LH & PC license must complete the full CE requirement in both LH and PC (15 hours in each).  Courses that are approved for both LH & PC (Bridge Courses), may be simultaneously applied to the licensee’s LH and PC requirement.

Compliance Renewal Date

Renewal date is the licensee’s birthday, biennially. Licensees born in odd-numbered years renew in odd-numbered years, and licensees born in even-numbered years renew in even numbered years. Public Adjusters renew on 12/31 of even-numbered years.

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.

Annuity and Life Insurance Requirements

Regulation 187 (Part 224 of Title 11 of the Official Compilation of the State of New York) requires insurers to set forth standards and procedures for recommendations to consumers so that the insurance needs and financial objectives of consumers are appropriately addressed.New York has recently modified Regulation 187 to include two main changes: 1) they have added a “best interests” component to the rule, which raises the standard on how producers recommend annuities to customers and, 2) they have expanded the regulation to include Life Insurance products. This is resulting in the need for additional training in New York.

The new Annuities suitability and best interests requirements go into effect on August 1, 2019. Producers selling annuities to New York consumers will need to complete Best Interests training by this date.

The Life Insurance suitability and best interests requirements go into effect February 1, 2020. Producers recommending a life insurance policy to a New York consumer must be trained by this date on the new provisions in Regulation 187 related to life insurance suitability and best interests.


Long-Term Care Training

Licensed producers who will sell New York State Long-Term Care Partnership (LTCP) insurance must complete a one-time six (6) hour training course prior to selling LTCP policies. This course is only offered by the New York Department of Financial Services. More information can be found at: http://www.nyspltc.org/agents/index.htm.


Flood Requirements

This state has issued a notice reminding licensees who sell flood insurance of their requirement to comply with the minimum 3 hours of training requirements established by FEMA and the National Flood Insurance Program.


All Other State Requirements

Resident Requirements

All licensees (producers, brokers, consultants, adjuster) must complete 15 hours of CE credit every 2 years in the line in which the license is held. If you were born in an even numbered year, your license will expire on your birthday in an even numbered year. If you were born in an odd numbered year, your license will expire on your birthday in an odd numbered year. The effective and expiration dates appear on all licenses.

Licensees holding more than one license (LH & PC) must complete 30 hours of CE with 15 hours in each line category (LH & PC). Bridge courses can be taken to satisfy both lines.

Non Resident Requirements

Non-resident producers are exempt from CE, however, non-residents are not exempt from the LTCP requirement.

New York Health Benefit Exchange (NYHBE) Information

Notice: as of April 15, 2016, Kaplan Financial Education will no longer be offering the New York SHOP Certification Training class or the New York Individual Market Certification Training class. Please visit the NY DFS site at http://www.dfs.ny.gov/insurance/agbrok/ab_shop.htm for a list of other education providers offering these classes.

Re-certification for SHOP and Individual Markets:

The New York State of Health (NYSOH) will be offering the official re-certification courses on the producer portal.  The courses are currently being developed for re-certification in both SHOP & Individual Markets and should be available in late summer 2015.

These courses will be offered in an online format only.  There will be NO continuing education credit for these courses, however, there will be no cost to take them.

All brokers & agents are required to re-certify after two years, but the earliest date is October 1st, which is when NYSOH opened for business. For example, if someone took the original certification course in August 2013, the date to complete re-certification will be 10/1/2015 not 8/1/2015.

Please direct any questions regarding the New York State of Health Marketplace re-certification to the Exchange at 855-355-5777.

Course Repetition

Course repetition is not permitted.

Exam Rules

Online certification exams are closed book. Course materials are not available while the exam is in progress. The final exam must be passed with a score of 70% or higher to receive CE credit. If the exam is not passed on the first attempt, students have an unlimited number of retakes.

Proctor/Monitor Requirements

A state-approved monitor must monitor the online exam and the online exam must be closed book. The student will need to make an appointment with an approved monitor and the monitor will need to identify the student’s identity. Acceptable forms of identification include a Department of Motor Vehicle issued driver’s license or non-driver ID, passport, other government issued picture ID, or employer picture ID. For a list of approved monitors, check the New York Department of Financial Services’ website at https://myportal.dfs.ny.gov/web/guest-applications/monitor-search. The monitor must complete the monitor affidavit before the exam is launched. Once the exam is completed, the monitor must verify his or her information and confirm that the student has completed the exam with no outside assistance. Upon exam completion, the monitor will submit the materials which, in turn, will be electronically transmitted to Kaplan Financial. Please note that monitors may charge a fee for this service.

Period Requirements

After your license has been renewed the first time, continuing education (CE) will always be required upon subsequent renewal or relicensing applications. Credits must be accumulated during the renewal period, which begins with the effective date of the license. CE must be completed before processing the renewal or relicensing application

Carryover Requirements

Carryover of CE hours is not permitted.

Reporting Requirements

Report within 30 days of completion. Need full license number to report.

Acceptable Training Methods

  • Correspondence (Print)
  • Classroom
  • Online (Internet Delivery)
  • Company Seminars
  • CBT/CD-ROM (Computer-Based Training)

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