Insurance License Renewal
The license term is every 2 years, based on the licensee’s birth month in odd- or even-numbered years. 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. The license expiration date on the face of each Montana license is the continuing education compliance deadline.
License Renewal Process
Resident licensees do not renew their license. The licensee must report the CE completions to the Office of the Insurance Commissioner on or before the license expiration date in order to maintain a valid insurance license.
State Insurance Product Training Requirements
State required training for insurance producers that sell annuity products.
Effective January 1, 2018: All producers currently licensed to sell, solicit, and negotiate annuity products in Montana, must complete a one-time annuity training course no later than January 1, 2018. All producers licensed on or after January 1, 2018 must complete this training prior to selling, soliciting, or negotiating such products.
*Producers who satisfy the training requirements of another state that are similar to the Montana law, will be deemed compliant for the Montana 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.
Frequency: Ongoing training must be completed every 24-months, following the initial training requirement.
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
The final exam must be closed book, and no outside information may be used. If the final exam is not passed on the first attempt, students have an unlimited number of retakes.
Exams are required to be monitored by a disinterested third party. A disinterested third party is an individual with no family or financial relationship to the student, therefore a proctor should not serve for examinations of family members, relatives, or dependents; employers or supervisors; employees or subordinates; partners, joint ventures, or co-owners; or anyone in whom the proctor or instructor has an economic or other interest in assuring the successful outcome of the examination.
Self-Study Final Exam: 70%
Repetition and Carryover
No excess CE credit hours may be carried over to the next license term.
A course may not be taken for credit more than once within a biennial (2-year) period.
Reporting and Insurance CE Certificates of Completion
Certificates of Completion
Certificates of completion will be available to print online immediately after the final exam is passed. Licensees must keep a copy of each certificate of completion in his or her files for 3 years.
Next-Day Reporting: WebCE reports course completions electronically to State Based Systems (SBS) every business day.
Insurance CE Course Requirements
Licensees may complete the Montana CE requirements through self-study. The self-study course and exam can be either paper or online.
Self-Study Requirements: Students should read the course material prior to taking the final exam.
Licensees must complete 3 hours of Ethics and 1 hour in approved legislative changes to the Montana statutes. All other hours for all licensees except Limited Lines credit only may be completed by taking courses approved in any line of authority. Limited lines credit only producers must take the 5-hour CE requirement only in the areas of law, ethics, or limited lines credit insurance.
Non-Resident Insurance CE Requirements
State-Specific Insurance Product Training
- Non-resident producers are not required to complete the Montana CE requirements as long as the producer is in good standing with his or her home state. Non-residents are required to submit to the Montana Commissioner of Securities and Insurance a letter of certification from their home states certifying compliance in that state. If the home state does not require CE, the nonresident producer must complete Montana’s CE requirements. Non-resident producers must submit the renewal compliance form sent to them by the state of Montana prior to the license expiration date.
- Non-resident adjusters are not required to completed the Montana CE requirements as long as the adjuster completes the CE requirements of his or her home state and the home state is one of the following Montana approved reciprocal states: Alabama, Alaska, Arkansas, California, Delaware, Florida, Georgia, Indiana, Kentucky, Louisiana, Massachusetts, Minnesota, Mississippi, Nebraska, New Hampshire, North Carolina, Oklahoma, Tennessee, Texas, Utah or Wyoming. If the home state is not reciprocal with the state of Montana, the adjuster will need to complete the Montana CE requirements. In order to renew the Montana license, non-resident adjusters must submit the renewal compliance form sent to them by the state of Montana prior to the license expiration date.
Non-Resident Insurance CE Requirements
Non-resident producers and adjusters have special training or education requirements as described above.
Exemptions from Insurance CE Requirements
Insurance CE Exemptions
Licensees are exempt from CE requirements if one of following is true:
- The licensee holds a temporary license.
- The licensee has been otherwise exempted by the Montana commissioner.
Montana Commissioner of Securities and Insurance
State Based Systems (SBS)
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.