4-Hour NAIC Long-Term Care and Partnership

THIS COURSE MUST ONLY BE TAKEN IF YOU HAVE ALREADY TAKEN THE 8-HOUR NAIC LTC COURSE DURING A PRIOR LICENSE PERIOD!

The Deficit Reduction Act made it possible for all states who wish to to offer Partnership for Long-term Care policies. The NAIC model law and regulation specify that agents must meet certain continuation requirements in order to sell this product. In most states, agents will be required to take an 8-hour course in order to transact any type of LTC/Partnership LTC insurance policies. Agents must then take a 4-hour CE course each license period.

This course will satisfy the requirement for ongoing CE required by your state to continue to sell LTC/Partnership insurance. If you have a group of agents to train, please contact us regarding group discounts or in-house training.

For the most up to date information about Long Term Care & Partnership in your state click here.

Montana State Requirements

Updated: 03/06/2012

Continuing Education Hours

• All resident insurance producers, consultants and surplus lines licensees will be required to complete 24 CE credit hours biennially, including 3 hours of ethics.
  
  Producers who hold a credit life/ disability license must complete 5 hrs biennially.
  
  Adjusters are required to complete 24 CE credit hours biennially and will begin reporting CE with the renewal reports due 01/01/2007.

Course Subject Requirements

• Resident and non residents must complete 1 credit hour of Montana law, biennially.
• Producers licensed for limited lines only must complete the 5 hour requirement in insurance law, ethics, and/or credit life and credit disability insurance.

• 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.

Continuing Education Compliance Date

Same as License Renewal Date. The renewal date is the first day of the agent's birth month biennially. (The renewal date for agents born in odd years will be in odd years, and the renewal date for agents born in even years will be in even years.)

Type of courses accepted for CE Credit

Independent self study courses or classroom study.

Carryover Requirements

Carryover not allowed.

Course Repetition

Courses may not be repeated for credit.

Final Exam

Final exam must be monitored by a training director or disinterested third party. (i.e. an individual not related to or able to benefit from the actions of the agent)

Exemptions

• The licensee holds a temporary license.
• The licensee has been otherwise exempted by the Montana commissioner.

Method to Certify Completion

Your certificate of completion will be e-mailed to you once you have completed your exam. Licensees must file prior to the compliance deadline. Filing forms will be mailed to the licensee prior to the filing deadline. The producer keeps a copy of the filing forms and the original certificates of completion in their files for 3 years. Licensees may also file continuing education credits online.

Nonresidents

• Nonresident producer submit letter of certification (not more than 90 days old) or current printout from the PDB showing compliance with home state CE, a completed Montana summary report form and nonresident license renewal fee to the insurance department by the renewal date.
• Nonresident adjusters who do not have a home state requirement must meet this state's continuing education requirement.

For Additional Information please Contact:

Montana Insurance Division
Licensing Division

840 Helena Avenue
Helena, MT 59601

Phone: (800) 332-6148 or (406)444-2040
Fax: 406-444-3497

Email: stateauditor@mt.gov

State Website: http://www.sao.mt.gov/

Course Format

System Requirements: Please note that Internet explorer 8 or higher: Download here
Or Mozilla Firefox 3.5 or higher: Download here are required to view our website when you wish to access the learning center.

This course is taken online in a slideshow format. Throughout the course lessons there will be questions and interactions for you to assist you in the learning process. These interactions may be multiple choice questions, matching terms, sequencing terms, etc.

After all of the lessons are completed, you can proceed to the final exam.

If your state requires monitored exams, you must have your monitor sign-in and follow the monitor instructions BEFORE you begin the exam. See the State Information tab, Monitor tab, and Help Center for more information.

This course is available to the student for one calendar year from the time of purchase.

How to Redeem Vouchers 

Monitor Instructions - General

 IMPORTANT!!!

Your state requires that your exam(s) MUST be monitored.

The monitor must print, sign and complete the affidavit found by clicking Printable Monitor Form to indicate that the exam was taken without any outside help from any source. Please fax the completed monitor form to: (619) 421-8171 immediately after completing the exam. Your exam will not be completed, and no CE credit will be awarded or reported to your state, until the properly completed, signed monitor form has been received (along with any state reporting fees that may be due).