Bulletin 2007-06 Continuing Education - Ethics Course Requirement

South Carolina Department of Insurance BULLETIN NUl\·IBER 2007-06 12, Questions and Answers MARK SANFORD G ovcrnor SCOTT H. I<ICIIAIU>SON Frequently Asked Questions and Answers Continuing Education Ethics Course Q. When will the new the new ethics course requirements take effect? A. continuing who must comply with CE requirement must Q. Is this three hours course requirement considered a part of the 24 hours of CE credit? A. Q. What if I took an ethics course three and one half years ago, will that count? A. Any course taken prior to May 1, 2005 is not eligible. The Three hours course must have been completed between May 1, 2005, and May 1, 2008. Q. Are exempt producers required to complete an ethics course? A. If a producer who is exempt from CE is actively selling, negotiating, or soliciting insurance products, they are encouraged to complete a three hours ethics course biennially. Q. What happens if a producer fails to comply with an ethics course requirement? A. That producer may have his/her license canceled. In order to regain licensing privileges, the producer must take and pass the producer licensing examination. A. If a producer completed a six hour course that contained three hours of ethics training, how can the producer provide proof the course contained three hours of ethics? by If a producer completed a six hour course approved as ethics, will three hours of ethics credit be carried over to the next compliance period?