When most of us think about Puerto Rico, we’re thinking beaches, we’re thinking waterfalls, and we’re thinking dancing. And while it’s true – Puerto Rico is paradise – it’s also home to some spectacular insurance producer continuing education (CE) requirements that simply cannot be overlooked.
So, if you’re a resident producer in Puerto Rico, this one’s for you. But it’s important to remember that licensing requirements shouldn’t be taken for granted. We always recommend checking out the Puerto Rico Department of Insurance website to make sure you’re aware of the most up-to-date CE requirements.
What is the due date for Puerto Rico Insurance Continued Education Credits?
Resident producer licenses expire in Puerto Rico every two years on the last day of the licensee’s birth month. To keep things simple, CE is due at the same time.
So, if your birthday is June 24, your license expires, and your CE is due on June 30th, 2022, then June 30th, 2024, and so on.
Who’s exempt from Puerto Rico Insurance CE?
If you aren’t a resident producer in Puerto Rico, then you can disregard this article so long as you’re compliant in your home state.
How many hours of CE are required for Puerto Rico insurance producers?
Producers must be sure to take 24 hours of CE credits in a given renewal period. Of those 24 hours of credit, 17 should be in general course hours, four should be in legislative courses, and three should be in ethics courses.
If you love CE half as much as we do, we know you’re taking as many courses as possible. Fortunately, in Puerto Rico, you can carry over as many CE credits as you like to the next reporting period.
To get CE credits, students must take an exam at course completion. These courses are closed book and must be passed with a score of 70 percent or higher. While you can’t repeat a course within the same renewal period, don’t stress if you don’t pass the exam on the first go. These exams can be retaken an infinite number of times.
What’s more: students can spend as much time as they’d like on a CE exam. That said, all exams must be completed in a single sitting. If an exam is started and the student decides to leave it, then it’ll need to be restarted from the beginning when next they return.
An important note, however, is that certain CE courses hold expiration dates. In order to receive credit, students must take the course and complete the accompanying exam before the course expiration date. So be sure to check those details before signing up for a CE course.
For more information about state-specific licensing requirements, or to find out how AgentSync can make it easier to operate across multiple states and territories, check out our state pages.
Puerto Rico Insurance CE FAQs
How much will it cost to register CE course completion?
It costs $1 per credit to process the course credits.
Do I need to find a proctor for my exam?
Nope, sure don’t. Puerto Rico doesn’t require CE course exams to be proctored.