Continuing education for insurance agents and insurance producers doesn’t have to be a hassle. While it does require you to take time out of your busy schedule, it also allows you to gain a better insight toward the insurance industry as a whole. Whether learning about new types of products, finding different features and benefits of current policies, or gaining a better understanding of how the consumer interacts with the market, insurance CE can be an effective practice for you to master your craft.
This article will provide you all the tools you need to find which courses you need and ensure you fill your state requirements on time.
Insurance Continuing Education Courses
Insurance CE comes in many forms. Most folks nowadays choose to take a self-paced course online, but you can also complete your credit hours by attending an in-person class or even a scheduled online webinar.
- Self-paced Course – The most common method of continuing education today. These CE courses allow you to log in to an online platform any time of day to complete your credit hours. Most of these courses are a mixture of video and text combined with a short knowledge exam at the end. Some platforms even allow you to take the course from your phone, which could save you time.
- In-person Class – This is how continuing education courses all began. Join your fellow insurance license holders for a live class taught by an industry professional. You may be able to find a “school” that provides all of your state’s required credits in a few full-day classes, or you might also take some shorter sessions to fill part of your requirements.
- Scheduled Online Webinar – This is essentially the same as an in-person class, except you don’t have to travel away from your home or office. You will be taught by an instructor who will deliver the lesson at a specified time. Many webinars even allow you to interact with the instructor if you have specific questions.
Most courses certify completion by taking either a knowledge exam at the end or by counting attendance to all of the scheduled classes. If you want to save time, it’s best to go with a self-paced course. If you want no exam, try an in-person class or an online webinar.
Not all continuing education courses are created equal. Be sure to choose the option that best suits your needs.
New Jersey Insurance Continuing Education Requirements
The State of New Jersey requires that all insurance producers and agents complete:
- Twenty-four (24) total hours of insurance continuing education every renewal period, which is two (2) years
- Three (3) of those hours must be in the subject of ethics or consumer protection
- One time requirement of three (3) hours in Flood Insurance and National Flood Insurance Program for those who are authorized to sell flood insurance
Some important things to note:
- If you hold more than one line of insurance (ex. Life insurance and Property & Casualty insurance lines) you do not need to take double hours. Your total amount of CE credit hours due is still twenty-four (24).
- You should aim to complete all of your CE thirty (30) days prior to your expiration date.
- You can’t take the same course twice during one renewal period.
- If your continuing education course requires you to take an exam, this is not like the initial license test that you took. This exam will be in your home, so you don’t need to schedule any appointments or pay any exam fees.
- All insurance continuing education must be provided by a state-approved education company.
Life Insurance Continuing Education
If you have a New Jersey Life Insurance License, you will need to take 24 hours of insurance CE. Most education companies offer a package of courses directed specifically to life insurance, but if you have to select courses, these subjects will satisfy the credit requirements:
- Traditional life insurance policies
- Group life insurance policies
- Family Insurance Needs
- Insurance ethics
- Other life insurance or insurance law-related courses
Health Insurance Continuing Education
If you have a New Jersey Health Insurance License, you will need to take 24 hours of insurance CE. Most education companies offer a package of courses directed specifically to health insurance, but if you have to select courses, these subjects will satisfy the credit requirements:
- Health insurance policies
- Long-term care
- Social Security
- Insurance ethics
- Other health insurance or insurance law-related courses
Property and Casualty Insurance Continuing Education
If you have a New Jersey Property and Casualty Insurance License, you will need to take 24 hours of insurance CE. Most education companies offer a package of courses directed specifically to property and casualty insurance, but if you have to select courses, these subjects will satisfy the credit requirements:
- Homeowner’s insurance policies
- Business insurance
- Car insurance
- Insurance ethics
- Other property and casualty insurance or insurance law-related courses
View your accrued insurance continuing education credits – State Based Systems
Find step-by-step instructions on how to renew your New Jersey Insurance License – New Jersey Insurance Renewal
Recommended CE Course
For insurance continuing education courses, StateRequirement recommends:
State of New Jersey Department of Banking and Insurance Contact Information
State of New Jersey Department of Banking and Insurance
20 West State Street
P.O. Box 325
Trenton, New Jersey 08625
Phone: (609) 292-7272