LICENSE RENEWAL

• License Renewal date is the last day of the producer’s birth month, every two years.

COURSES ACCEPTED FOR CE CREDIT

• Classroom Courses – Half of the credit hours must be classroom credit or classroom equivalent.
• Self-Study Courses – Only 12 of the hours may be Self-Study.
• Classroom Equivalent

COURSE SUBJECT REQUIREMENTS

• Three (3) hours of ethics each compliance period.
• Twenty-one (21) hours can be in any line of insurance.
• Twelve (12) hours must be in the classroom or classroom equivalent.

ANNUITY REQUIREMENT

• Utah revised its Suitability in Annuity Transactions Rule to clarify that all recommendations by agents and insurers must be in the best interest of the consumer. Agents and carriers cannot place their financial interest ahead of the consumers' interest in making a recommendation. The rule is effective July 1, 2024. Rule R590-230-1. By July 1, 2025, producers licensed before July 1, 2024, who engage in the sale of annuity products in Utah and who have completed the 4-hour training under previous regulation, must complete either a new 4-hour annuity training course or a one-time one-hour course which includes the new best-interest standard. Producers licensed on or after July 1, 2024, must complete a one-time four-hour course that includes the best interest standard before engaging in the sale of annuity products in Utah.

LONG TERM CARE REQUIREMENT

• Initial 3-hour LTC training requirement: Before selling LTC insurance products in Utah, producers must complete an initial 3-hour, state-approved LTC training course.
• Producers continuing to sell LTC must complete 3 hours of state-approved LTC training during every 24-month licensing period after the period in which they completed the initial training.

CARRYOVER REQUIREMENT

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

COURSE REPETITION

• Credit will not be given for courses that are repeated within a compliance period.

FINAL EXAM

• No monitor required for a final exam.

EXEMPTIONS

• Producers licensed before December 31, 1982, may request exemption.
• Non-resident licensee whose CE requirements are substantially similar to that of Utah.

For Additional Information please contact: