Central Insurance School, Florida insurance school

FLORIDA INSURANCE
CONTINUING EDUCATION LAW

THE BASICS

Most licensed individuals must earn CE credit by the end of their birth month every other year, starting 2 years after receiving their first license.

Agents licensed for 1 - 5 years must earn 24 hours of CE credit in basic or higher-level courses.
Agents licensed for 6 or more years must earn 20 hours of CE credit in intermediate or advanced-level courses.
Agents dual-licensed in P&C and L&H must earn 28 hours of CE credit, 1/2 of which must be in P&C courses and 1/2 in L&H courses.
Adjusters must earn 24 hours of CE credit.
Indivduals not licensed as a life or health agent who hold one of the following licenses must earn 10 hours of CE credit:
- Customer Service Representative (4-40)
- Limited Customer Representative (4-42)
- Title Agent (4-10)
- GL Agent Limited to Motor Vehicle Physical Damage and Mechanical Breakdown Insurance (2-21)
- Industrial Fire or Burglary (2-33)
For General Lines Agents and Customer Service Representatives, 2 hours of the required CE credit must be on the subject of premium discounts available on property insurance policies based on various hurricane mitigation options (Rate Mitigation) and the means for obtaining the discounts.
For ALL licensees, 3 hours of the required CE credit must be on the subject of Ethics.
For Agents licensed to sell life insurance, 3 hours of the required CE credit must be on the subject of suitability in annuity and life insurance transactions. Hours earned for this "Suitability" requirement may be used to satisfy the Ethics requirement above.

EXCEPTIONS

Individuals with only a 2-20 or 4-40 (i.e. no life or health license) may earn up to half of their CE hours in certain health-only courses that also qualify for P&C credit. You cannot receive credit for a course that is broader in scope than your license, so people with a limited life (2-16) or health (2-40) license must earn their CE credits in the specific area (either life or health) in which they are licensed.

Individuals with a CPCU or CLU designation and at least 25 years of experience can cut their CE requirement in half. To apply for this reduction you must submit an application on Form D14-1109/ASI 601011 along with all requirements stated on the form. This form must be submitted prior to your birthday month in the year compliance is due. The designation or degree is not required to have been earned as of the first day of your compliance period.

[There are other special provisions related to various limited licenses. Contact us for details.]

BASIC, INTERMEDIATE & ADVANCE RULE

All licensed agents that have had their license for less than 6 years can take basic, intermediate or advance continuing education courses. All licensed agents that have had their license for more than 6 years MUST take intermediate or advance continuing education only; no credit will be given for basic courses.

EXCESS HOURS

Florida allows excess hours to be carried forward one compliance period. However, credits will not be carried over for more than one period. Carry-over hours may be used to satisfy part or all of the requirements for the next compliance period. Of course, the carry-over must be in the lines of business for which you are licensed.

36-MONTH NO-REPEAT RULE

You cannot receive credit for the same course twice within a 36-month period.

To be considered the same course, a course must have the exact same course number, assigned by the Department of Financial Responsibility when they approve the CE course.

Course sponsors are required to publish course numbers on all promotions, so students can compare them with past Certificates of Completion to determine if it is a class they have previously attended.

All licensees should maintain a list of CE courses attended and plan ahead to satisfy their CE requirements on time and avoid repeating a class.

Our Continuing Education program