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The Success Family of CE Companies provides this information as a courtesy to individuals who are subject to insurance continuing education requirements.  Due to regulatory requirements we suggest that you contact your state department of insurance to insure that no regulatory changes have been enacted.  Although ongoing efforts have been made to qualify that the information provided here is accurate and current, neither The Success Family of CE Companies nor its employees warrant or represent that this information is accurate and current. All information is subject to change without notice.


Maryland Insurance CE Requirements

License Status


Insurance Continuing Education Hours Required:

  • 24 CE hours each renewal biennium, 3 of which should be in Ethics.
  • Agents licensed for 25 consecutive years or more prior to October 1, 2008 are only required to complete 8 hours of CE biennially.
  • Effective October 1 2013 agents may take all of their biennial CE requirement via on-line courses.


New Requirement to Sell Annuities in Maryland 

Click here to view your state Annuity CE requirement (Hover on your State)



Continuing Education State Specific Courses:

  • Agents must be approved for lines of insurance for which license is held. 
  • LH/PC combined licensees must complete 4 hours in each LH and PC.
  • Individuals wishing to sell Long Term Care must complete 8-hours of approved LTC education prior to selling and then 4-hours biennially thereafter. The 8-hours & 4-hours counts towards the CE requirement.
  • All P/C Producers who sell Homeowners Insurance ONLY must complete 2 CE credits in Flood Insurance by Sept. 30, 2007 for a one time requirement.
  • All P/C Producers who sell Flood Insurance ONLY must complete 2 CE credits in Flood each renewal period.
  • Producers who sell BOTH Homeowners and Flood Insurance need only to take 2 hours on Flood Insurance as a one-time requirement.  The 2 hours will satisfy the one time requirement for Producers selling Homeowners Insurance and for the renewal period for Producers selling Flood Insurance.
  • An individual may not sell, solicit or negotiate LTC insurance unless the individual is licensed as an insurance producer for Life and Health insurance and completed an 8 hours one-time training course and a 4 hour follow-up training course every 24 months thereafter in order to continue to sell LTC policies.  
  • Producers who have held a license for 25 consecutive years; as of October 1, 2008 must complete 8 hours of CE per renewal period, including 3 hours of ethics.

·         Example: If the license renewal date is May 31st, the CE must be completed no later than May 30th.


 Renewal or Compliance Date for Licensees:

  • License renewal date is the last day of the producer's birth month, biennially

·         Example: If your current license expires 01/01/13 and your Date of Birth is 12/20/1968, then your license will be renewed with an expiration date of 12/31/2015.

  • Compliance date must be one day prior to license renewal.

·         Example: If the license renewal date is May 31st, the CE must be completed no later than May 30th.


Types of Courses Accepted:

  • Independent self-study courses, classroom or insurer-sponsored courses.


Monitor Requirements

  • Exams DO NOT require a monitor.


Reporting to Your State
  • $0.60 per credit hour is required to report to your state.
  • State Insurance completions are reported 2 times every business day. If course is completed after 2 PM PT, it will be reported the following business day.

  • CFP reports are sent on Friday at 2 PM PT to the CFP Board electronically.

  • You may also self-report your CFP completions to www.cfp.net


Continuing Education Carryover Hours & Course Repetition

  • No excess CE credit hours may be carried over to the next renewal period.
  • Credit will not be allowed for a course that is repeated within a 2 year renewal period. If the course is taken in 2 consecutive renewal periods, there must be 6 months between completion dates.


Exemptions:

  • Individuals licensed less than 1 year at the time of the compliance date.
  • Individuals who hold a credit life, credit health, or travel license.
  • Agents who are 70 years of age or older.
  • Individuals who have held their license for 25 consecutive years are required to fulfill 8 CE hours.
  • Individuals acting as instructors for continuing education courses receive 1 and ½ times the approved credit hours for teaching a course.


Method to Certify Completion:

  • For Most States you will be able to print your certificate of completion online once you have completed your exam.
  • We usually report to the State Department of Insurance or regulatory board by the next business day.
  • It may, however, take your State DOI or regulatory board up to 30 days to report your completion results on their systems.
  • As an added service, we can Rapidly Report all of your completed courses the same business day (per credit order) for only $25.


Nonresidents:

                Exempt, except for the Long Term Care Training Program Requirement

 

Department of Insurance Contact Information:

            Maryland Insurance Administration
            Licensing Division

            Attn: Producer Licensing
            200 St. Paul Place, Suite 2700
            Baltimore, MD 21202-2272
            PHONE: (800) 324-4592 or (888) 204-6198
            FAX: (410)468-2399

                State Website: www.mdinsurance.state.md.us/

 

For a listing of the State Departments of Insurance websites provided by the NAIC (National Association of Insurance Commissioners),

Please go to: http://www.naic.org/state_web_map.htm

 

                The Success Family of CE Companies provides this information as a courtesy  to individuals who are subject to insurance continuing education requirements.  Due to regulatory requirements we suggest that you contact your state department of insurance to insure that no regulatory changes have been enacted.  Although ongoing efforts have been made to qualify that the information provided here is accurate and current, neither The Success Family of CE Companies nor its employees warrant or represent that this information is accurate and current. All information is subject to change without notice.