If you are involved in selling, soliciting, or negotiating any of the insurance products, or you are an agent in the same industry, then you have to meet the minimum requirements before being licensed and additional specified requirements in order for your license to be renewed periodically. Among these requirements is the continued education (CE) for specified hours. The insurance agent CE will depend on your area of specialization. As such, there are compulsory topics to be covered as well as the additional topics to meet the minimal hours required.
However, before even examining what credits must be completed by an agent and in which are, it is important to know that are can be chances of being exempted from the continuing education requirements if the said agent meets some qualifications. The people who hold the limited authority license and those who are the non-resident agents in a particular state and have already complied with the CE requirements in their home states. The last category is of those who have been granted an inactive status by the State Director of Insurance.
Continuing education in annuity policy, for instance, target to train the agents in different areas of annuity insurance. These include the parties in annuity and how the fixed, variable, or indexed annuities affect the consumers. In addition to this, the training topics may cover income tax applicable for the qualified and the non-qualified annuities, the basic use of the annuities, the right sales practices, the annuity disclosures and replacements among others.
In the area of annuity policy training, the main topics touch on the parties involved in annuity policies, how the parties are affected by indexed, fixed, or variable annuities, the application of income tax (qualifies and the non-qualified annuities), and the annuity uses among others. There are additional areas that may be included in training, including the sales practices, the replacement and disclosures of annuity among others.
The other common category is the life settlement training that consists of the topics such as the legal structuring of life settlement, the required disclosure and privacy, the legal relationships between the life settlement parties, ethics in selling, contract requirements, soliciting and negotiating the life settlement, and advertising and remedies among others.
The other category with significant difference is that of the national flood policy providers. These categories require that the agent adheres to the state requirements as well as the federal rules and regulations as set by the Federal Emergency Management Agency (FEMA). As such, the minimum requirements in training in accordance with the Section 207 FEMA Flood Insurance Reform Act 2004 must be met before one can be granted the license.
The national flood insurance agents on the other hands are mostly regulated by the Federal Emergency Management Agency, and the regulators at the level of the federal government. However, they still have to adhere to some state requirements and also have to complete some continuing education for license renewal.
Once you have understood the stated requirements as set by your state regulator, the next step it to find the trainer who is approved and licensed by the state and or the federal regulator. There are several training institutions that can offer the courses over the internet and you have to determine their authenticity before enrolling in their classes.
However, before even examining what credits must be completed by an agent and in which are, it is important to know that are can be chances of being exempted from the continuing education requirements if the said agent meets some qualifications. The people who hold the limited authority license and those who are the non-resident agents in a particular state and have already complied with the CE requirements in their home states. The last category is of those who have been granted an inactive status by the State Director of Insurance.
Continuing education in annuity policy, for instance, target to train the agents in different areas of annuity insurance. These include the parties in annuity and how the fixed, variable, or indexed annuities affect the consumers. In addition to this, the training topics may cover income tax applicable for the qualified and the non-qualified annuities, the basic use of the annuities, the right sales practices, the annuity disclosures and replacements among others.
In the area of annuity policy training, the main topics touch on the parties involved in annuity policies, how the parties are affected by indexed, fixed, or variable annuities, the application of income tax (qualifies and the non-qualified annuities), and the annuity uses among others. There are additional areas that may be included in training, including the sales practices, the replacement and disclosures of annuity among others.
The other common category is the life settlement training that consists of the topics such as the legal structuring of life settlement, the required disclosure and privacy, the legal relationships between the life settlement parties, ethics in selling, contract requirements, soliciting and negotiating the life settlement, and advertising and remedies among others.
The other category with significant difference is that of the national flood policy providers. These categories require that the agent adheres to the state requirements as well as the federal rules and regulations as set by the Federal Emergency Management Agency (FEMA). As such, the minimum requirements in training in accordance with the Section 207 FEMA Flood Insurance Reform Act 2004 must be met before one can be granted the license.
The national flood insurance agents on the other hands are mostly regulated by the Federal Emergency Management Agency, and the regulators at the level of the federal government. However, they still have to adhere to some state requirements and also have to complete some continuing education for license renewal.
Once you have understood the stated requirements as set by your state regulator, the next step it to find the trainer who is approved and licensed by the state and or the federal regulator. There are several training institutions that can offer the courses over the internet and you have to determine their authenticity before enrolling in their classes.
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