From music to food, numerous cultures contribute to the flaunted, vibrant heritage of the Pelican State. So it’s no surprise that Louisiana insurance producer license continuing education (CE) requirements might also have a few eccentricities.
For residential license holders, keeping your Louisiana license in good standing is the cornerstone of all your nonresidential insurance licenses. CE in turn is crucial to keep your Louisiana license in good standing to begin with, so it stands to reason that CE should be high on your list of priorities.
Of course, you are personally responsible for following the compliance requirements of any jurisdiction you operate in, so don’t take our word for it – check with the states on their requirements. Otherwise, if you’re up for an exploratory glance of Louisiana insurance CE basics, buckle up and laissez les bons temps rouler!
What is the due date for Louisiana Insurance CE Credits?
Do you know your state insurance license number? In Louisiana, the answer to this question can make or break a calendar: Resident insurance producers’ licenses and their corresponding CE requirements are due on the last day of your birth month in odd or even years depending on your insurance license number. So, if your license ends in an odd number, you renew in an odd year. If it’s an even-numbered license, you’ll renew in an even-numbered year.
For those who don’t keep their CE top-of-mind, the state sends a 90-day renewal notice before your expiration date.
Who’s exempt from Louisiana Insurance CE?
Louisiana formally recognizes that if you’re a nonresident, you don’t need to worry about CE in Louisiana as long as you’re current in your resident state.
Another uncommon rule that Louisiana has in place is that those who’ve been licensed for 15 years and turned 65 by January 1, 2012, are permanently exempt from having to maintain CE credits. Since then, if you’re 65 and have maintained a license for at least 15 years, Louisiana allows you to apply for your own CE waiver.
If you’re in a military family and can’t maintain CE credits because of active duty, you can also apply for a CE waiver, even retroactively, to keep your Louisiana residential insurance license in force.
If you only hold a limited lines license, such as industrial fire, surety, or another line of authority (LOA) that doesn’t require an examination, you’re likely exempt from CE in Louisiana.
How many hours of CE are required for Louisiana insurance producers?
Producers and adjusters who have residential licenses in Louisiana must earn 24 hours of CE every two year period, with three hours in ethics.
Adjusters must take adjuster-specific ethics, and if you are a producer with a single LOA you’ve got to have LOA-specific courses for your 21 general credit hours. If you hold multiple LOAs, you can take a greater variety of subject hours.
While you can’t repeat a CE course within a 24-month period, you can carry over 10 hours of non-ethics courses from one period to another, as well as use hours for dual credit when you’re earning professional designations such as Certified Financial Planner. If you’re teaching classes, you can get the same credit as your students, as well. Like most states, Louisiana is a member of the NAIC Continuing Education Reciprocity agreement, so there is a broad category of CE available to Louisiana producers.
As variety is the spice of life, Louisiana insurance regulations wouldn’t be anything if they didn’t emulate a gumbo. Thus, different licenses have different requirements, just to add to your joie de vivre.
If you’re licensed for bail bond insurance, you’ll need to take at least 12 hours each CE period, with six concentrated in bail enforcement.
Similarly, if you’re licensed to provide title insurance, you’ll need 12 CE credits per renewal period, with two course hours focused on consumer financial protection.
In accordance with the standards set by the National Flood Insurance Program, those licensed to sell flood insurance must be current on a one-time, three-hour CE course.
Those looking to sell long-term care insurance (LTCI) must have taken a one-time, eight-hour course before they begin selling those kinds of contracts, and must take ongoing CE courses of at least four hours in LTCI every license renewal cycle.
And, if you intend to sell annuities, you’ll need to take a one-time, four-hour annuity training course that covers:
- Types and classifications of annuities
- Identifying the involved parties of an annuity contract
- A description of how different annuity contract provisions affect consumers
- How qualified or nonqualified annuities are taxed
- The appropriate primary use of annuities
- Appropriate sales practices, replacement guidelines, and disclosure requirements
Further, while Louisiana accepts annuity CE as reciprocal from other states – i.e., if you completed annuity training in a different state, you don’t have to do it again – your Louisiana annuity training can’t be counted for CE if it contains marketing strategies, sales techniques, or training on specific insurer products. It’s also worth noting, as of early 2022, Louisiana is taking its CE management totally online.
For more information about state-specific licensing requirements, or to find out how AgentSync can make it easier to operate across multiple states, check out our state pages.
Louisiana Insurance CE FAQs
How do I reinstate my expired Louisiana insurance license?
If you apply to renew a lapsed Louisiana insurance license within 24 months of its expiration, you can pay a late fee and reinstate the license.
I haven’t yet been licensed for a full two years, do I still need to complete 24 hours of CE?
Nope, sure don’t.
Where can I find my transcript?
Louisiana resident insurance producers can check their CE transcript in the state’s Industry Access portal.