LICENSE RENEWAL

• License renewal date is the last day of the licensee’s birth month.

COURSES ACCEPTED FOR CE CREDIT

• Classroom Courses: The number of insurance company sponsored CE hours shall not exceed 50% of total requirements in section 4(a)
• Self-Study Courses
• Online Courses
• Webinars
• Instructors may earn the same number of credit hours as a student.

COURSE SUBJECT REQUIREMENTS

• Three (3) hours of ethics each compliance period.

ANNUITY REQUIREMENT

• Effective July 5, 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 07/04/2023 may complete a 1-hour annuity best interest course or complete the new 4-hour annuity best interest course. Licensees will only have until 01/04/2024 to be able to take the
  1-hour course. Licensees who have not completed an annuity course must take the 4-hour annuity best interests’ 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 Wyoming law will be deemed compliant with this requirement.

LONG TERM CARE REQUIREMENT

• Initial 8-hour LTC training requirement: Before selling LTC in Wyoming, licensees must complete an initial 8-hour training course. Completing training requirements in any state satisfies the training requirements in Wyoming.
• 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 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

• The administration of the examinations must be monitored by a disinterested third party. A disinterested third party refers to the person you have monitor you while you take your test to ensure that you do not receive help while taking it. The monitor cannot be a family member, nor can it be someone who has a financial interest.
• General Monitor Affidavit needed.

EXEMPTIONS

• Individuals who hold a limited license.
• Non-residents with continuing education that meets or exceeds that of Wyoming.

For Additional Information please contact: