Colorado Insurance Continuing Education Courses and Requirements

COLORADO CE COURSES

The following courses are currently available for Colorado:

REQUIRED HOURS

Producers in Colorado must take 24 hours of continuing education, 3 of those hours being in ethics every 2-year license term. Renewal must be met by the last days of the licensee’s birth month. Producers born in an even year will renew on even years, odd birth years will renew every odd year. Up to 12 hours of excess CE credits may be carried over ONLY if the courses were taken within the last 120 days of the previous license cycle. Ethics credits will be carried over as general credit. Courses may not be repeated within 2 years of the original completion date.

CATEGORY RESTRICTIONS

Producers must take 18 hours in the lines they are licensed for, 3 hours must be in ethics, and the remaining 3 hours can be taken in any category. Dual line licensed producers may split the required hours between both lines of authority or choose to accrue all credit in one line of authority that they are licensed for Property or Personal Lines licensees must complete 3 hours of homeowners continuing education.

SPECIAL TRAINING

• LONG TERM CARE INSURANCE TRAINING – Producers must meet an initial 16-hour requirement before selling LTC in the state of Colorado. 8-hours of the LTC can be completed via online or self-study. The remaining 8-hours MUST be completed in a classroom setting and shall consist of material specific to the LTC Partnership program. After completing the initial 16-hour training, producers must then take an ongoing 5-hour LTC training course every 2 calendar years from the initial completion date. These 5 hours must be completed in a classroom setting.

• ANNUITY TRAINING – Colorado producers must take a course approved for at least 4 hours before selling or soliciting any annuity products.

• FLOOD INSURANCE TRAINING – Colorado licensed producers who sell flood insurance are required to take a 3-hour one-time course approved for the National Flood Insurance Program (NFIP).

• HOMEOWNERS INSURANCE TRAINING – Colorado producers licensed to sell personal lines and property insurance must complete a 3-hour homeowners’ insurance course each license term.

• CLAIMS MADE – Licensed Producers in Colorado who sell, adjust or make consultations on claims-made policies must complete a state approved course for 2-hours on claims-made policies.

COURSE PRESENTATION

• CERTIFICATION EXAM – Licensees are required to pass the certification exam with a 70% or better. Exams must be monitored by a disinterested third party who certifies that the licensee completed the exam without outside assistance.
 
• STUDY BY TOPIC QUIZZES – ExamFX recommends that all Study by Topic Quizzes are passed with a 70% or better.

• LICENSEE AND PROCTOR ATTESTATION – The licensee and proctor attestation must be completed following the certificate exam.

CERTIFICATES OF COMPLETION AND REPORTING

Licensees may print their certificate directly from the course after completing the course requirements. Completions are typically reported to state entities within two (2) business days of the certificate having been issued.

NONRESIDENT PRODUCERS

If you have satisfied the continuing education requirements of your home state, Colorado will consider that as satisfaction of the continuing education requirements as long as your home state recognizes the satisfaction of its continuing education requirements imposed upon producers from Colorado on the same basis.

CE EXEMPTIONS

The following exemptions apply to these CE requirements:

• Newly licensed producers have until their second renewal cycle to comply.
• Producers licensed to write only one or more of the following are exempt:
• Travel ticket selling
• Bail bonding
• Title
• Limited lines credit
• Crop hail

LICENSE RENEWAL

Producers must renew their license on the Sircon website or NIPR before the license renewal date.

STATE CONTACT INFORMATION

Colorado Division of Insurance