Oregon State Requirements

Updated: 3/8/2012

Continuing Education Hours

• All producers must complete 24 hours including 3 hours of ethics and 3 hours of Oregon law.
• Individuals who hold a CLU or CPCU designation must complete 24 hours biennially.
• Individuals who were exempt from the license exam due to having sufficient work experience or completing course work to obtain an industry-recognized designation may count the experience or course work as equivalent to having held the agent license for three years, and will have their CE requirement altered accordingly (contact the insurance department for details).
• Individuals who were previously licensed as an agent in Oregon or in another state will have an altered CE requirement, based on the number of years previously licensed (contact the insurance department for details).

Course Subject Requirements

• Courses must be approved for the lines of insurance for which the agent is licensed.
• Agent must complete three hours of Oregon law and two hours of ethics as part of the basic requirement.

• Agents wishing to sell LTC must also complete a 8-hourLTC requirement prior to selling LTC products. The LTC requirement counts towards the completion of the basic CE requirement. By the end of each consecutive renewal period, agents must complete a 4-hour "refresher" state-approved LTC course to continue selling LTC.

• Agents wishing to sell flood insurance must also complete a one-time, 3 hour flood course approved for National Flood Insurance Program (NFIP) training.

Continuing Education Compliance Date

The compliance date is the license renewal date.

License Renewal Date

The license renewal date is the last day of the producer's birth month, biennially.

Types of courses accepted for CE Credit

Independent self-study courses and classroom study.

Final Exam

• Online Interactive self study courses DO NOT require a monitor.
• Paper-based courses and course exams MUST be monitored by a state-registered proctor OR a third party who is a librarian, clergyman, state or community college representative, certified public accountant (CPA) or attorney.

Carryover Requirements

No excess CE credit hours may be carried over to the next reporting period.

Course Repetition

Courses may not be taken for credit more than once in a renewal period.

Exemptions

• Non-residents are exempt.
• Individuals holding limited lines licenses for which an exam is not required.
• Individuals who are retired, at least 58 years of age, have been licensed for at least 10 years, authorized to transact life insurance only and will be servicing existing policies only. This exemption requires department approval.

Method to Certify Completion

You will be able to print your certificate of completion online once you have completed your exam. Renewal form and copies of certificates of completion must be submitted to insurance department by compliance deadline. Producer keeps original certificates of completion in files for three years.

Nonresidents

Exempt

For Additional Information please Contact:

Oregon Department of Consumer and Business Services
Insurance Division
350 Winter St. NE, Room 440
Salem, OR 97301-3883

Mailing Address: 

P.O. Box 14480
Salem, OR 97309-0405

PHONE: (503) 947-7981 or (503) 947-7248
FAX: (503) 378-4351

State Website: http://www.oregoninsurance.org/

Oklahoma State Requirements

Updated: 3/8/2012

Continuing Education Hours

• Producers: 24 CE credit hours are required biennially, including 3 hours of ethics, 2 hours of legislative update and 19 general elective credit.
• Viatical Settlement Brokers: 4 hours including 3 hours in viaticals and 1 hour in ethics biennially.

Course Subject Requirements

• Courses must be approved for lines of insurance for which license is held.
• All producers selling annuities must complete a one-time 4 hour annuity training course.

• Agents wishing to sell LTC must also complete a 8-hourLTC requirement prior to selling LTC products. The LTC requirement counts towards the completion of the basic CE requirement. By the end of each consecutive renewal period, agents must complete a 4-hour "refresher" state-approved LTC course to continue selling LTC.

• Producers selling Medicare must complete 4 hours of continuing education related to Medicare Advantage products and plans in every 2-year compliance period where the producer has sold Medicare. This four hour training requirement can be applied towards the producer's CE requirement.
• Health agents must complete 1 hour on instruction regarding the Oklahoma Small Employer Health Insurance Reform Act, Okla. Health Ins High Risk Pool Act, and any recent state or federal health care legislation as part of the basic requirement.
• Health insurance licenses renewed on or after 1/1/02 must include 1 hour of LTC credit.
• All Oklahoma licensed resident insurance producers who sell federal flood insurance policies must satisfy the minimum training and education requirements by completing a one-time course related to the NFIP, which may be approved for three hours of continuing education credit by the Oklahoma Insurance Department.
• All adjusters who adjudicate workers' compensation claims in Oklahoma are required to complete 6 CE hours of CE related to the Workers' Compensation Act as part of the 24 CE hours required. 

Continuing Education Compliance Date

Effective July 2011: Continuing education compliance date is the last day of the agent's birth month, biennially. Agents licensed on or before July 1, 2011 will keep their current renewal date and hen the license is renewed they will be issued a license that will expire on the last day of their birth month. Agents licensed after July 1, 2011 will be issued a 2 year license that will renew on the last day of their birth month.

License Renewal Date

Last day of the license issuance month, biennially.

Type of courses accepted for CE Credit

Independent self study courses or Classroom.

Carryover Requirements

A maximum of 6 hours may be carried over to the next term.

Course Repetition

Credit will not be give for a course that is repeated in a 2 year period.

Final Exam

Final exam to be monitored by a disinterested third party, supervisor or test administrator.

Exemptions

• Limited insurance representatives
• Agents who are age 65 years of age or older, continuously licensed for at least 30 years, and who no longer write new business.
• Nonresident agents on a reciprocal basis whose home state's CE requirements are the same or greater than Oklahoma.
• Active membership in a professional organization may be granted up to one (1) hour of CE credit annually.

Method to Certify Completion

Your certificate will be emailed to you once we receive your monitor form and report you for the course. The course provider reports credits earned to the CE administrator within one business day of course completion. The licensee keeps the original certificates of completion in his or her files for 2 years.

Roster Fees

A roster fee of $1.00 per credit hour ordered is required to process course completion hours in Oklahoma and will be added ot the order total upon checkout.

Nonresidents

• Limited insurance representatives
• Nonresident producers whose home state is reciprocal with Oklahoma and whose home state's CE requirements are the same or greater than Oklahoma's
• Nonresident adjusters whose license is in good standing and who have completed the continuing education requirements for another state. Please see "Nonresident CE Requirements" above.
• Producers who have not, will not, or shall no longer, sell, solicit, or negotiate Medicare Advantage or Medicare Private Fee for Service products and plans are exempt from the Medicare Training requirement.
• A life insurance producer who is also operating as a viatical settlement broker is not subject to the viatical settlement broker continuing education requirements.

For Additional Information please Contact:

Oklahoma Insurance Department
Licensing Division
P.O. Box 53408
Oklahoma City, OK 73152-3408

Phone: 405-521-2828 or 800-522-0071
Fax: 405-521-6635

State Website: http://www.oid.state.ok.us/

Monitor Information

Many states require that your test be monitored by a 3rd party when you take this course. The person taking the test and the monitor must sign an affidavit and submit it to the CE Provider. Those states are:

Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbie, Georgia, Hawaii, Iowa, Indiana, Kansas, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, North Carolina, Nebraska, Nevada, New Jersey, New York, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia, West Virginia, Wisconsin and Wyoming.

Other states require no monitor, but still require an affidavit to be filled out and submitted to the CE Provider before credit can be granted for a passed course. Those states are:

Florida and Ohio.

If you are going to be requesting a certificate or credit in any of the states' mentioned, then you will need to have a monitor present when you take the 8 hour course, and have them fill out the correct monitor form (one for each state you are requesting the certificate from that requires a monitor). You can find all of the monitor forms by clicking here.