In Maryland, insurance licenses expire every two years. The expiration will be on the last day of your birth month, biennially, based on the anniversary of your original license year.
If this is the state you reside in, then renewing your license will also keep any non-resident license you have in good standing. You will still need to pay the license renewal fee for non-resident licenses held in other states.
The State of Maryland requires that resident individual licensees complete twenty-four (24) credit hours of continuing education every two-year renewal period. Three (3) of those hours must be in the subject of ethics or consumer protection. Credits cannot include the same course taken repeatedly in one reporting period.
A licensed insurance producer who possesses a license to sell property or casualty insurance and who sells flood insurance is required to obtain at least two (2) hours of continuing education that directly relates to flood insurance.
A licensed insurance producer who possesses a license to sell health insurance and who sells long-term care insurance must obtain at least two (2) hours of continuing education that directly relates to long-term care insurance.
Correspondence courses for continuing education are acceptable so long as the course has been approved by the Maryland Insurance Administration.
Producers who have held a license for 25 consecutive years must complete eight (8) hours of continued education per renewal period. However, they may have the continuing education requirement waived entirely upon request and with approval from the Maryland Insurance Administration.
If you have a producer license in more than one line of authority (ex. Property & Casualty and Life & Health), you don’t need to complete double the hours.
You may take your continuing education courses either in person in a classroom setting or online as a self-paced course. Upon completion of these courses, the company who you took the course from should send the certificate of completion directly to the state. Then you may renew your Maryland insurance license online by using the Maryland State Information Center Insurance Licensing Search and Renewal tool. AgentSync can also help with the renewal process.
You may also print a paper renewal form from the National Association of Insurance Commissioners.
There is a fee of $69 per application to renew your license.