Required CE Hours for Renewal
Resident Producers and Consultants
- Required to complete 24 credit hours of continuing education including a minimum of 3 credit hours in ethics, to be due every 2 years based on the birth month and year.
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Special Training/Education Requirements
Long Term Care
- An individual may not sell, solicit or negotiate long-term care insurance unless:
- The individual is licensed as a life or health insurance producer;
- The individual has completed a one-time training course that is no less than 8 hours in length; and
- The individual completes ongoing training of no less than 4 hours every 24 months thereafter.
Annuity Training
- An insurance producer who engages in the sale of annuity products shall complete a one-time four (4) credit training course approved by the Department of Insurance and provided by the Department of Insurance approved education provider.
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Exemptions
- For individuals whose compliance date falls less than one year from the original license issuance, the continuing education requirement will be moved to the next compliance period. After the first compliance period, the requirement date will be every 2 years.
- Limited Lines
- Resident producers holding only limited lines licenses are not required to complete CE credits to maintain their license.
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License Term
- A biennial compliance date for each licensee based upon their month and year of birth.
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Course Type Approved for Continuing Education
- Classroom courses
- Correspondence
- Online/Self-Study courses
- Teleconference/Webinar courses
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Final Exam
- Final exams do not have to be monitored.
- Final exams are open book.
- A passing grade of at least 70% required to pass the course.
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Certificate of Completion
To get your certificate of completion, log in to our website using your username and password. Then, look at the menu on the left and find "Course History." Your course history will list the courses you passed or failed. If you passed a course, you'll see a "Print certificate" button on the right, allowing you to print your certificate for your records.
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How are Hours Reported
We report your credits to the ME DPFR within one business day (except holidays, reporting will be done on next business day). The department recognizes the date you passed/completed the exam as the date of completion. It is not based upon the day we report the hours to them.
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Course Repetition
- The same course cannot be taken within the current biennium.
- Courses can be repeated if they were taken in a different biennium.
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Carry-over Hours
Any continuing education credits earned in addition of the required 24 credit hours per biennium, will not be carried over to the next biennium.
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Disclaimer
At FastrackCE, we strive to provide you with the most up-to-date and precise information possible. However, please note that we are not authorized to offer legal or professional advice, and consequently, we will not be held liable for any inaccuracies found herein. In your best interest, we strongly advise you to verify current licensing regulations and requirements with your state's licensing department.
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