State Requirements

MINNESOTA STATE REQUIREMENTS

Continuing Education 24 Hours Biennially
Including 3 Hours of Ethics

LICENSE RENEWAL

  • The license renewal date is the last day of the producer’s birth month

COURSES ACCEPTED FOR CE CREDIT

  • General - Classroom
  • General - Company Sponsored
  • General - Distance Learning
  • NO more than one-half of the credit hours per licensing period may be sponsored by, offered by, or affiliated with an insurance company or it’s agents
  • May not complete more than 8 hours of CE each day. If a course is worth more than 8 hours the exam must be taken in more than 1 day. For example, if a course is worth 24 hours it must be completed in 3 days.
  • Instructors can receive extra credit for courses they teach by submission of the "Application for Instructor Extra Credit" by the Education Provider. The Department of Commerce will approve or deny the request and apply the appropriate credits. Repetition rules apply

COURSE SUBJECT REQUIREMENTS

  • Three (3) Hours of Ethics each compliance

ANNUITY REQUIREMENT

  • All producers currently licensed to sell, solicit, and negotiate annuity products must complete a one-time annuity training course approved for at least 4 hours

LONG TERM CARE REQUIREMENT

  • Before selling, soliciting, or negotiating LTC insurance products in Minnesota, producers must complete an initial 8-hour state-approved LTC training course
  • After completing the 8-hour initial training requirement, producers must complete 4 hours of state-approved LTC training every 24-month period following the completion of the initial training and every 24 months thereafter

CARRYOVER REQUIREMENT

  • Credit hours cannot be carried over to the next compliance period

COURSE REPETITION

  • Credit will not be given for a course that is repeated within a compliance period

FINAL EXAM

  • Internet Courses – The final examination must be either an encrypted online examination or a paper examination that is monitored by a proctor who certifies that the student took the examination. No monitor required for online exam
  • Self-study / Correspondence – The course content and time must be verifiable, and for every student, attendance must be physically monitored throughout the exam by a verifiable proctor
  • Specific Monitor Affidavit needed for paper exams

EXEMPTIONS

  • Individuals licensed less than 6 months prior to the first renewal date are exempt for the first reporting date
  • Non residents from a state that has a reciprocal agreement with Minnesota except for the LTC requirement

For Additional Information please contact:

Minnesota Commerce Department
Education Division
85 7th Place East, Suite 280
Street Paul, MN 55101

Phone: 651-539-1500
Fax: 651-539-0112

State Website: mn.gov/commerce/industries/insurance

Revised 8/8/19