In Michigan, all insurance licenses are perpetual, except Surplus Lines. Producer licenses remain in good standing as long as the continuing education requirements are met.
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.
Michigan requires that resident individual licensees complete twenty-four (24) credit hours of continuing education every two years. If the credits aren’t completed, the license will be suspended. Three (3) of those hours must be on the subject of ethics. The rest of the continuing education credits can be electives.
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. The online courses usually require a reading of the subject at hand, then a test at the end.
Although you don’t have to renew most licenses in Michigan, you do have to keep your continuing education credits current every two years. You must complete the credits by the first day of your birth month at the end of the two-year cycle.
There is no fee to renew your license as long as you keep your continuing education requirements filled.
AgentSync can also help with the renewal process.