LICENSE RENEWAL

• Renewal is by the last day of the producer’s birth month.
• CE must be completed at least 30 days prior to license expiration to avoid penalty.

COURSES ACCEPTED FOR CE CREDIT

• Classroom Courses
• Self-Study Courses
  
• Online Courses
• An instructor can earn the same number of credit hours as the student.

COURSE SUBJECT REQUIREMENTS

• Three (3) hours of ethics “Classroom or Webinar” each compliance period.

ANNUITY REQUIREMENT

• Effective August 1, 2023, licensees who sell annuity products will need to complete an annuity course covering the NAIC Best Interest Standards. Licensees who have already completed a 4-hour annuity course prior to 08/31/2023 may complete a 1-hour annuity best interest course or complete the new 4-hour annuity best interest course. Licensees will only have until 02/01/2024 to be able to take the 1-hour course. Licensees who have not completed an annuity course must take the 4-hour annuity best interests’ course prior to selling annuities MUST complete by 02/01/2024.

LONG TERM CARE REQUIREMENT

• Illinois requires all LTC producers to complete a one-time 8 hour initial training course. A 4-hour review course is required every 24 months thereafter.
• Non-residents who have taken a similar LTC Partnership course in any state as outlined in Illinois Administrative Code shall be deemed to satisfy the training requirement for both the 8 hour and 4 hour courses.

CARRYOVER REQUIREMENT

• Up to twelve (12) credit hours can be carried over to the next compliance period. Ethics will carry over as General credits.

COURSE REPETITION

• Cannot repeat a course more than once in a 2-year license term.

FINAL EXAM

• No monitor required for a final exam.

EXEMPTIONS

• Individuals with a temporary license.
• Individuals with any of the following limited licenses: baggage, limited travel health, trip cancellation, industrial life or industrial health.
• Non-resident producers who meet their resident states’ CE requirements.

For Additional Information please contact: