NORTH CAROLINA STATE REQUIREMENTS
Continuing Education 24 Hours Biennially
Including 3 Hours of Ethics
- The last day of the agent’s birth month. CE is due by the last day of the birth month in either an odd or even year. If the birth year is odd, then CE is due by the last day of the birth month in the odd years.
COURSES ACCEPTED FOR CE CREDIT
- Classroom Courses / Webinars
- Self-Study Courses
- Online Courses
- Instructors shall receive the same number of credits as the students for teaching a course once in a compliance period.
COURSE SUBJECT REQUIREMENTS
- Three (3) hours of ethics each compliance period which can be taken as one 3-hour course or multiple courses which add up to 3 hours.
- All courses must be license related courses.
Effective January 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 12/31/2022 may complete a 1-hour annuity best interest course or complete the new 4-hour annuity best interest course. Licensees will only have until 07/01/2023 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 North Carolina law will be deemed compliant with this requirement.
LONG TERM CARE REQUIREMENT
- All licensed producers must complete an initial 8-hour course before they can sell, solicit, or negotiate Long-Term Care Partnership products.
- Need to complete a four (4) hour training in LTCP every compliance following.
- Any credit hours taken in excess of the CE requirement will continue to carry over from one biennial period to the next.
- Excess ethics credit hours can only carry over as general credit.
- Credit will not be given for a course that is repeated within a compliance period.
- A proctored exam is required for certain self-study courses:
- Final exams that require a textbook course with paper/pencil exam must be proctored, closed-book exam with no assistance provided to the student by a disinterested third party (i.e., someone not concerned with respect to gain or loss resulting from the exam).
- Final exams that require a textbook course that allows the student to submit the exam online must have a proctored, closed-book exam with no assistance provided to the student by a disinterested third party (i.e., someone not concerned with respect to gain or loss resulting from the exam).
- Online courses with online exams must be closed-book but do not require a proctor.
- A disinterested third party is someone not concerned with respect to gain or loss resulting from the exam.
- Specific Monitor Affidavit needed.
- Non-residents who meet continuing education requirements in their home state.
- The compliance period for new licensees may be more than or less than 2 years, according to the year when first licensed, birth month and whether the birth year is odd or even.
- A licensed insurance producer who is unable to comply with continuing education requirements due to military service or long-term medical disability.