Clarification Concerning Required Continuing Education Credits and Designations Allowed for Examination Exemptions

STATE OF CONNECTICUT INSURANCE DEPARTMENT www.ct.gov/cid P.O. Box 816 Hartford, CT 06142-0816 An Equal Opportunity Employer Bulletin L-16 March 18, 2008 To: ALL INSURANCE PRODUCERS LICENSED IN THE STATE OF CONNECTICUT Re: CLARIFICATION CONCERNING REQUIRED CONTINUING EDUCATION CREDITS AND DESIGNATIONS ALLOWED FOR EXAMINATION EXEMPTIONS The intent of this Bulletin is to clarify Section 38a-782a-2 of the Regulations of Connecticut State Agencies regarding the minimum twenty-four hours of continuing education credit requirement, and Section 38a-702e of the Connecticut General Statutes regarding the education requirement exemptions for certain designations. (a) Continuing Education Credit Hours Requirement Section 38a-782a-2 of the Regulations of Connecticut State Agencies provides in pertinent part that “all producers shall complete a minimum of twenty-four hours of continuing education credits each biennium, of which a minimum of three credit hours of Connecticut insurance law and regulations, or ethics are required. . . .” It has come to the attention of the Insurance Department that there may be some confusion as to the number of credits required for Continuing Education. Please be advised that the total number of continuing education credit hours required is twenty-four (24), which includes the law/regulation/ethics requirement. (b) Waiver of Pre-Licensing Education Requirements Under Section 38a-702e of the Connecticut General Statutes, individuals applying for a producer license must either complete certain pre-licensing education requirements, or must demonstrate that they possess equivalent training or experience, as determined by the Commissioner. Based on the foregoing, the Insurance Department will waive the pre-licensing education requirements for individuals who have achieved the designations of: (1) CEBS, ChFC, CIC, CFP, FLMI and LUTCF for applicants for a producer license with Life Line Authority; (2) RHU, CEBS, REBC and HIA for applicants for a producer license with Health Line Authority; and (3) AAI, ARM and CIC for applicants for a producer license with Property and Casualty Line Authority. The Commissioner has determined that individuals who have achieved the above designations possess education or experience equivalent to the one gained from completing pre-licensing education requirements. Thomas R. Sullivan Insurance Commissioner