Insurance License Renewal
Producers: The license term is 2 years ending November 30 in even-numbered years.
Public Adjusters: The license term is every 2-years based on the license issue date.
State Insurance Product Training Requirements
State required training for insurance producers that sell annuity products.
Effective April 1,2017: All producers currently licensed to sell, solicit, and negotiate annuity products in Virginia, must complete a one-time annuity training course approved for at least 4 hours by January 1, 2018. All producers licensed on or after January 1, 2018 must complete this training prior to selling, soliciting, or negotiating such products.
*Residents must take a Virginia approved courses.
*Non-residents who satisfy (or have already completed) the training requirements of another state that are similar to the Virginia law, will be deemed compliant for the Virginia requirement.
(Go to the course catalog to order WebCE's 4-Hour Annuity Training Course, which fulfills this requirement).
Long-Term Care Training
State required training for insurance producers that sell long-term care products.
Frequency: One-time training must be complete prior to selling LTC products. The initial training must consist of 6-hours of general LTC topics and 2-hours of LTC Partnership topics.
Frequency: Ongoing training must be completed every license period, following the initial training requirement. The ongoing training must consist of 2-hours of general LTC topics and 2-hours of LTC Partnership topics.
Important Note: Failure to complete the Ongoing 4-hour training course within 24 months of completion of the Initial 8-hour training course, will forfeit recognition of the initial 8-hour training course by the Virginia Department of Insurance, and will result in the Initial 8-hour training course having to be repeated.
NFIP Flood Training
State required training for insurance producers that sell flood insurance products.
Frequency: One-time training must be complete prior to selling flood insurance products.
Insurance CE Exam Requirements
Self-study final exams are closed book. Producers may not refer to the course material while the exam is in progress. If the final exam is not passed on the first attempt, students have an unlimited number of retakes.
Effective 6/7/2016: Self-study insurance continuing education final exams are closed-book and no longer require a proctor.
Self-Study Final Exam: 70%
Repetition and Carryover
Excess credit hours may be carried over to the next compliance period, but hours must be reported, and a continuance fee must be paid, in compliance period in which course was taken.
Excess earned Ethics credits may be applied to cover other CE requirements in the current compliance period, and any remaining credits will be carried over to the next compliance period and applied to either the Ethics requirement or other CE requirements.
Courses may only be taken for credit once in a 2-year compliance period.
Reporting and Insurance CE Certificates of Completion
Certificates of Completion
Certificates of completion are available to print online immediately after the final exam is passed. Licensees are required to maintain the certificate of completion in his or her files.
Instant Reporting: Insurance CE credits are immediately reported to Sircon upon course completion.
The licensed producer must pay the $20.00 processing fee before credits will be applied to the CE requirement. This fee is due by November 30. To pay your $20.00 processing fee:
- Go to www.sircon.com.
- On the left menu, click the “Virginia Continuance” link.
- Follow the prompts on the Sircon Web site to pay by credit card.
- If you have any questions, please contact Sircon at 800-420-5644.
Insurance CE Course Requirements
Acceptable method of study is self-study online.
Online Self-Study: Students should read the course material prior to taking an closed-book, non-monitored final exam.
Students must take courses in the line for which they hold a license. For dual licensed agents-A minimum of 8 CE hours must be completed in each license type held and a minimum of 3 CE hours must be in a course approved for ethics.
- No more than 75 percent of CE hours may come from company-sponsored courses. None of WebCE’s courses are company-sponsored.
- Excess earned Ethics credits may be applied to cover other CE requirements in the current biennium.
- Insurance Law and Regulations (ILR) credits will count toward Ethics credits.
- CE credits awarded for Other General Insurance (OGI) topics will be used to meet any license-specific requirement but not the Ethics requirement.
- Flood courses will count toward the P&C license specific requirement.
Public Adjuster Requirements
A minimum of 3 hours in ethics and the remaining 21 hours may be any combination of Property and Casualty courses, Mitigation courses, Flood courses, and Public Adjuster courses.
- Public Adjusters cannot take courses approved under the Other General Insurance (OGI) or Insurance Law and Regulations (ILR) course categories.
Non-Resident Insurance CE Requirements
State-Specific Insurance Product Training
- Initial 8-hour LTC training requirement: Before selling, soliciting, or negotiating LTC insurance products in Virginia, non-resident producers must complete an initial 8-hour, NAIC LTC course approved in any state and 2 hours of Virginia LTC Partnerships.
- State Specific Long Term Care Training: If a non-resident producer has already taken the initial 8-hour, NAIC LTC course in a state other than Virginia, they must complete 2 hours of Virginia LTC Partnerships.
- Ongoing 4-hour LTC training requirement: After completing the 8-hour initial training requirement, non-resident producers must complete 4 hours of LTC training every 24-month period.
Exemptions from Insurance CE Requirements
Insurance CE Exemptions
The following are exempt from CE requirements:
- A resident or non-resident producer who is at least 65 and can demonstrate that he or she has held any combination of resident or non-resident Virginia licenses of equivalent type continuously for at least 20 years.
- A resident producer who is at least 65 and will have held a Virginia resident license continuously for no fewer than 4 years by the end of the compliance period and can furnish proof of having held equivalent license authority continuously in other states for an additional 16 years, for a total of 20 years of continuous licensing.
- A producer who is at least 65 by the end of the compliance period and has held a resident Virginia license continuously for the past 4 years as well as holding the same license authority for twenty of the past thirty years in Virginia without interruption by license revocation or commission termination.
- Individuals who hold a limited line license, such as credit life/health, travel accident, and travel baggage insurance producers.
- Non-resident producers in good standing with their home state CE requirements. Non-residents are still required to pay the processing fee.
- Non-resident public adjusters who are licensed as a public adjuster in their home state and are in good standing. If the license is terminated, suspended, or revoked in their home state the VA non-resident license will terminate and must be immediately surrendered. Non-residents are still required to pay processing fee.
- Individuals may request a waiver with good cause; submit to Pearson Vue.
- Individuals who are licensed in the even-numbered year of the biennium are exempt from continuing education for the current biennium only. However, if you do take any CE courses in the current biennium, you must pay the $20 Continuance fee within the deadlines specified in the Compliance Schedule to have the courses applied to carry over for the subsequent biennium.
Virginia Bureau of Insurance
WebCE provides information as a courtesy to individuals who are subject to continuing education (CE) as insurance producers, agents, adjusters and/or brokers. Although reasonable efforts have been made to ensure that the information provided here is accurate and current, neither WebCE nor its employees warrant or represent that this information is accurate and current. All information is subject to change without notice.