MICHIGAN STATE REQUIREMENTS

Continuing Education 24 Hours Biennially
Including 3 Hours of Ethics

LICENSE RENEWAL

  • Resident individual producer licenses are perpetual as long as the licensee is compliant with Continuing Education credit requirements which is every 2 years, based on the first day of the producer’s birth month in odd- or even-numbered years.

COURSES ACCEPTED FOR CE CREDIT

  • Classroom Courses
  • Self-Study Courses
  • Online Courses
  • Instructors will receive the same amount of credits as the attendees.

COURSE SUBJECT REQUIREMENTS

  • Three (3) hours of ethics each compliance period.
  • Twenty-One (21) hours can be completed for any line held.

ANNUITY REQUIREMENT

  • One-time training of a 4-Hour Annuity Suitability and Best Interest Standards course must be complete prior to selling annuity products. Residents and non-residents who have completed training including the NAIC Best Interest Standards in another state with laws similar to Michigan law will be deemed compliant with this requirement.

LONG TERM CARE REQUIREMENT

  • All producers currently licensed to sell, solicit, or negotiate long-term care partnership insurance must complete a one-time training course of not less than 8 hours. Residents and non-residents who satisfy the training requirements of another state that are similar to Michigan’s Law will be deemed compliant for Michigan’s requirement.
  • After completing the 8-hour initial training requirement, producers must complete a 4-hour LTC training every 24-month period.

CARRYOVER REQUIREMENT

  • Licensees may carryover up to 12 hours to the next license renewal period. Excess ethics will be carried over as general credit.

COURSE REPETITION

  • Courses cannot be repeated more than once in a 2-year license term.
  • Courses carried forward will count as a duplicate if completed again in the current renewal cycle.

FINAL EXAM

  • Self-Study exams are closed-book and must be monitored by a disinterested 3rd party. A disinterested third party is an individual with no family or financial relationship to the student. General Monitor Affidavit needed.

EXEMPTIONS

  • Individuals licensed 23 months or less at the time of the first CE compliance date are exempt for that first reporting period.
  • Individuals who apply for and receive a hardship waiver for terminal illness of self or of immediate family member who requires an ordinate amount of care by licensee or military duty.
  • Non-residents meeting home state CE requirements will automatically comply with Michigan’s requirements.

For Additional Information please contact:

Department of Insurance and Financial Services
Licensing Division
Phone: 877-999-6442 or 517-284-8800
Fax: 517-284-8837
Email: difs-info@michigan.gov

State Website: michigan.gov/difs

Revised 02/17/2023