State Requirements

NEW MEXICO STATE REQUIREMENTS

24-hours of insurance CE, including 3 hours of ethics are required
every 2-year license term. A minimum of 3 hours must be completed in a classroom setting.

LICENSE RENEWAL

  • Licenses issued after July 1, 2017:
    The insurance producer shall renew on the last day of the second birth month following the issue of the license.

COURSES ACCEPTED FOR CE CREDIT

  • Classroom Courses
  • Self-Study Courses
  • Online Courses
  • Instructors can receive CE credit for the same amount of hours their students

COURSE SUBJECT REQUIREMENTS

  • One (1) hour of ethics each compliance period
  • Courses must be approved for lines of insurance for which license is held

ANNUITY REQUIREMENT

  • There is no annuity requirement at this time

LONG TERM CARE REQUIREMENT

  • Initial 8-hour LTC training requirement: Before selling, soliciting, or negotiating LTC insurance products in New Mexico, producers must complete an initial 8-hour, state-approved LTC training course. Producers may take any 8-hour NAIC approved LTC course for use in any licensed state
  • Ongoing 4-hour LTC training requirement: From the date of completing the 8-hour initial training requirement, producers must complete 4 hours of state-approved LTC training every 24 months thereafter. Producers may take any 8-hour NAIC approved LTC course for use in any licensed state

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 three-year period

FINAL EXAM

  • No monitor required for a final exam

EXEMPTIONS

  • Any licensee that has been continuously licensed and in good standing for 25 year, is eligible to apply for a Grandfather Exemption
  • Non-resident agents who have met the CE requirements of their home state

For Additional Information please contact:

New Mexico Insurance Division
Office of Superintendent of Insurance
1120 Paseo de Peralta
Producer Licensing Bureau Room #331
PO Box 1689
Santa Fe, NM 87504-1689

Phone: 855-427-5674
505-827-4349

State Website: osi.state.nm.us

Revised 8/8/19