State required training for insurance producers that sell annuity products.

Initial Training
Hours: 4
Frequency: One-time training must be complete prior to selling annuity products.

Additional Information

State required training for insurance producers that sell long-term care products.

Initial Training
Hours: 8
Frequency: One-time training must be complete prior to selling LTC products.

Ongoing Training
Hours: 4
Frequency: Ongoing training must be completed every 2-year license period, following the initial training requirement.

Additional Information

State required training for insurance producers that sell flood insurance products.

Initial Training
Hours: 3
Frequency: One-time training must be complete prior to selling flood insurance products.

Ongoing Training
Hours: 2
Frequency: Ongoing training must be completed every 2-year license period, following the initial training requirement.
Please Note: The ongoing training is required only for licensees whose license period begins after 8/16/2018.

Additional Information

As clarified by FinCEN’s final rulings, the USA PATRIOT Act stipulates that financial services companies involved in the sale of covered products maintain an ongoing training program for all associates who are involved in any sale and administration of covered products. Please consult your firm on how to report WebCE courses for this training.

Additional Information

The license term is every 2 years, based on the last day of the licensee’s birth month. Licensees who were born in an even-numbered year will be required to complete their CE in even-numbered years. Licensees who were born in an odd-numbered year will be required to complete their CE in odd-numbered years.

Agents must have their CE credit hours posted prior to their expiration date and prior to applying to renew their insurance license(s). Providers have 15 days to report your CE completions, so please plan accordingly to avoid a lapse in licensure.

No excess CE credit hours may be carried over to the next 2-year license term.

Courses cannot be repeated more than once in a 2 year license term.

Producers may complete the Oregon CE requirements through self-study or classroom equivalent. The self-study course and exam can be either paper or online .

IMPORTANT NOTICE: The Oregon Insurance Department requires that a student may not complete more than 8 hours of continuing education credit in one day. This means two things:

1. A course approved for greater than 8 hours will be considered to take 2 or more days of study to complete the exam. Multiple smaller courses can be completed within 1 day of study as long as they are combined 8 hours credit or less.


2. The total hours that may be completed is equal to the number of days x 8 hours.

For example: Any course that is worth 9-16 hours will take a minimum of 2 days to complete. Any course that is worth 17-24 hours will take a minimum of 3 days to complete.

Self-Study Paper Requirements: Students should read the course material prior to taking the proctored final exam.
Self-Study Online Requirements: Students must read the course material and answer each set of end-of-chapter quizzes with a score of at least 70 percent prior to taking a closed book non-proctored final exam.
Classroom Equivalent: Students must take and pass a series of interactive inquiries or quizzes throughout the course with a minimum score of 70 percent for each interactive quiz.

If the final exam is not passed on the first attempt, students have an unlimited number of retakes.

• Online: Once the exam is opened for an online course, access to the course material is restricted until the exam has been graded.
• Paper: The final exam for paper-based courses is closed book, and no outside information may be used to complete the exam.

Exam Requirements: Self-Study online exams are closed-book and do not require a monitor. Self-Study paper-based exams are closed-book and must be monitored by a state-registered proctor, or a disinterested 3rd party.

Self-Study Final Exam: 70%
Classroom Equivalent Quizzes: 70%

WebCE provides online, printable certificates of completion in Oregon. Certificates of completion will be available to print online immediately after the final exam is passed. Producers should keep original copies of certificates for their records.

Twice-a-Day Reporting: WebCE reports course completions to State Based Systems (SBS) twice every business day.

Non-residents who satisfy the annuity training requirements of another state that are similar to Oregon's law will be deemed compliant for Oregon's requirement.

Non-residents who satisfy the training requirements of another state that are similar to Oregon's law will be deemed compliant for Oregon's requirement.

Non-resident adjusters must complete 24 hours of continuing education prior to renewal even if the home state requires fewer hours. Non-residents can receive credit for courses as long as the course is also approved in Oregon. Non-residents will also be required to take 3 hours of Oregon Law and 3 hours of ethics.

The following are exempt from Oregon CE requirements:

• Non-resident producers in good standing with their home state.
• No continuing education is required for consultants.