MARYLAND STATE REQUIREMENTS
Continuing Education 24 Hours Biennially
Including 3 Hours of Ethics
- License renewal date is the last day of the producer’s birth month.
- As of January 1, 2020 producers MUST complete their CE 15 days prior to renewal date.
- As of January 27, 2020 licensed insurance producers who, as of October 1, 2008, held licenses for 25 or more consecutive years must complete 8 hours of continuing education in each renewal period.
COURSES ACCEPTED FOR CE CREDIT
- Classroom Courses / Webinars
- Self-Study Courses
- Online Courses (Only 50% of continuing education credits can be online)
- Instructors shall receive 1.5 times the approved credit as the student.
COURSE SUBJECT REQUIREMENTS
- Courses must be approved for lines of insurance for which license is held.
- A licensed insurance producer must obtain at least 3 hours of continuing education in Ethics.
- LH / PC combined licensees must complete 6 hours in each LH and PC.
- Excess Ethics credits may not be applied to cover the minimum hours needed in each license specific requirement.
Effective October 8th, 2022, 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 10/8/2022 may complete a 1-hour annuity best interest course or complete the new 4-hour annuity best interest course. Licensees will only have until 4/8/2023 to be able to take the 1-hour course.
- Licensees who have not completed an annuity course must take the 4-hour annuity best interest course prior to selling annuities.
Residents and non-residents who have completed training including the NAIC Best Interest Standards in another state with laws similar to Maryland law will be deemed compliant with this requirement.
LONG TERM CARE REQUIREMENT
- NAIC training passed for 8 hours initially, 4 hours every-compliance. Compliance for 8-hour training 9/10/08.
- While the state law requiring two hours CE in LTC every two (2) years has not changed, completion of the 8-hour initial training and the ongoing 4 hours each compliance period meets both the LTC regulation and the previous law.
- Credit hours cannot be carried over to the next compliance period.
- Credit will not be given for a course that is repeated within a compliance period.
- If the courses are taken in 2 consecutive reporting periods, there must be 6 months between completion dates.
- Closed Book, no monitor required for a final exam.
- Non-residents having met the CE requirements of their home state.