State Requirements

RHODE ISLAND STATE REQUIREMENTS

Continuing Education 24 Hours Biennially
Including 3 hours of Ethics

LICENSE RENEWAL

  • License will expire on the last day of the licensee’s birth month, every 2 years.

COURSES ACCEPTED FOR CE CREDIT

  • Classroom Courses / Seminar
  • Self-Study Courses
  • Online Courses
  • Instructors will receive the same amount of credits as the Students

COURSE SUBJECT REQUIREMENTS

  • Three (3) hours of ethics each compliance period
  • Licensees must complete courses approved for the line of insurance they are licensed to sell.

ANNUITY REQUIREMENT

  • Effective April 1, 2021: Rhode Island will require producers to act in the best interest of the consumer when recommending an annuity. Producers who have already completed the original training requirement before April 1, 2021 must complete either a new one-time
    4-hour course or an additional one-time 1-hour course before October 1, 2021. Producers who obtain a life insurance license on or after the effective date must complete the new one-time 4-hour course before selling annuities.

LONG TERM CARE REQUIREMENT

  • Initial 8-hour LTC training requirement: Before selling, soliciting, or negotiating LTC insurance products in Rhode Island, producers must complete an initial 8-hour NAIC LTC course approved in any state
  • Ongoing 4-hour LTC training requirement: After completing the 8-hour initial training requirement, producers must complete 4 hours of state-approved LTC training every 24-month period

CARRYOVER REQUIREMENT

  • A max of 12 credit hours may be carried over to the next compliance period.
  • Ethics credits will be carried forward as general credits.

COURSE REPETITION

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

FINAL EXAM

  • Self-study exams are open-book and do not require a monitor

EXEMPTIONS

  • Individuals holding limited lines licenses for which an exam is not required
  • Individuals who are at least 55 years old at the time of renewal and have been continuously licensed for 25 years without lapse
  • Individuals who held a license for at least 20 years and were at least 60 years old at the time of renewal as of July 3, 2004
  • Non-resident agents whose home state is reciprocal with Rhode Island

For Additional Information please contact:

Rhode Island Department of Business Regulation
1511 Pontiac Avenue, Bldg. 69-2
Cranston, RI 02920

Phone: 401-462-9500
Fax: 401-462-9532

State website: dbr.ri.gov

Revised 4/6/22