How To Renew Your Insurance License In Minnesota
In Minnesota, insurance licenses expire every two (2) years. The expiration will be on the last day of your birth month, biennially, based on the anniversary of your original license year. This means that if you were licensed on an even-numbered year, your license will expire on the last day of your birth month in the next even-numbered year.
There is no requirement to take another exam from the state, though depending on the format of your continuing education, it is possible that you may take a short knowledge test at the end of the course to be sure that you understand important insurance concepts, laws, and regulations.
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.
Step 1. Minnesota Insurance Continuing Education Requirements
The State of Minnesota requires that resident individual licensees complete twenty-four (24) credit hours of continuing education every two-year renewal period. Three (3) of those hours must be in the subject of ethics. At least twelve (12) hours of the courses must be completed in a classroom or an equivalent course type.
Note: It is recommended to complete all continuing education credits thirty (30) days prior to the expiration date of the license. This will give the CE provider time to report the successful completion to the department of insurance. Your CE courses can be taken any time within your license term
If you have a producer license in more than one line of authority (ex. Property & Casualty and Life & Health), you do not 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.
Upon completion of these courses, the company who you took the course should send the certificate of completion directly to the state. You should, however, print a copy of this certificate to keep in your records just in case there is a dispute later.
Step 2. Renew Your Insurance License In Minnesota
After you have completed your continuing education and you are within sixty (60) days of your license expiration, you may renew your Minnesota insurance license online by using the Sircon site. Renewals may only be submitted online through Sircon.
There is a fee of $50 per line of authority to renew your license with a $30 technology surcharge.
Once this process is complete, your license will be renewed and your new expiration date will be two years from your previous expiration date.
Minnesota Insurance License Lookup
You can view your current accrued CE credits using the Sircon Minnesota site.
If you don’t know your insurance license number, you can also find it online through the Sircon site.
Minnesota Department of Insurance Contact Information
Minnesota Commerce Department
Suite 280 85 7th Place East
Saint Paul, Minnesota 55101
Phone: (651) 539-1599
Email: [email protected]
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