Maine Provider #437

The Success Family of CE Companies provides this information as a courtesy to individuals who are subject to insurance continuing education requirements. Due to regulatory requirements we suggest that you contact your state department of insurance to insure that no regulatory changes have been enacted. Although ongoing efforts have been made to qualify that the information provided here is accurate and current, neither The Success Family of CE Companies nor its employees warrant or represent that this information is accurate and current. All information is subject to change without notice.

Department of Insurance Contact Information:

Maine Insurance Bureau
Licensing Division
34 State House Station
Augusta, ME 04333-0034
Contact/Phone: (207) 624-8411 or (207) 624-8412 or (207) 624-8413

Email: insurance.pfr@maine.gov

State Website: https://www.maine.gov/pfr/insurance/home

License Status

Insurance CE Hours Required

  • 24-hours including 3-hours of ethics are required biennially.
  • Maine individual resident producer licenses are renewed automatically by the Maine Professional & Financial Regulation office the first business day following the Continuing Education (CE) due date, as long as all CE requirements have been met.
    • Maine individual non-resident producer licenses are perpetual so there is no expiration date and no renewal fees.

State Specific Insurance CE Certifications

  • Annuity – Regulation Best Interest: Effective January 1st, 2022 – Before selling, soliciting, or negotiating Annuity in Maine, producers are required to complete the annuity certification course in the state of ME. This certification requirement is a one-time only certification that went into effect on 1/1/2022.
  • Initial 8-hour Long-Term Care: Before selling, soliciting, or negotiating LTC insurance in Alabama, producers must complete an initial, one-time only, 8-hour LTC training course.
    • The training requirement applies to both resident and nonresident producers.  Residents may earn CE credit if the training course was approved for CE credit.
  • Ongoing 4-hour Long-Term Care: After completion of the 8-hour initial LTC training requirement, producers must complete 4-hours of approved LTC training every 24-months.
    • The training requirement applies to both resident and nonresident producers.  Residents may earn CE credit if the training course was approved for CE credit.
  • Flood Certification: All resident insurance producers who sell federal flood insurance policies (NFIP) shall be required to complete a one-time 3-hour requirement on flood insurance.

CE Final Exam Regulations

  • Final exams are closed book.
  • Final exams DO require a Disinterested 3rd Party for courses approved 16 CE credit hours and above. (Virtual Monitors are allowed)
    • A disinterested third party defined as: a persons minimum age of 18 years and any person except for family members or individuals who have a financial interest in the success of the student taking the examination. Co-workers can proctor but must not be above or below the student’s line of supervision.
  • Licensees may take courses in any line of authority.
  • Independent self study courses or classroom.
  • Continuation date is the end of the licensee’s birth month in even or odd years.
    • Licensees born in even years will have continuation dates in even years. Licensees born in odd years will have continuation dates in odd years.

Reporting to Your State/Regulatory Authority

  • State Insurance completions are reported 2 times every business day. If course is completed after 2 PM PST, it will be reported the following business day.
  • As an added service, we can Rapidly Report your completed courses the same business day for $25 per CE course.
  • CFP is reported/filed with the CFP Board every Friday at 2pm PST.

CE Carry-Over Hours & CE Course Repetition

  • No excess CE credit hours may be carried over to the next renewal period.
  • Courses may not be repeated more than once each biennial renewal period. 

Method to Certify Completion

  • The certificate of completion will be available to print or download online immediately after you have pass the final exam.
  • The DOI or regulatory authority can take up to 30 days to process your new completion results on their systems.

Non-Resident Requirements

  • CE is not required for most non-resident ME insurance producers, however, some state specific requirements can be required.
  • Initial LTC Requirement: A non-resident producer must have completed an initial 8-hour NAIC Long-term care course approved by the state of Maine OR complete an 8-hour NAIC LTC course from another state to fulfill Maine requirements. 
  • On-going LTC Requirement: A 4-hour follow-up LTC course is required every 24 months.

Insurance Producer Exemptions

  • Non-resident licensees who met the CE requirements in their home state are not required to meet Maine CE requirements.
  • Individuals holding limited licenses (such as title insurance). 
  • Individuals licensed less than one year at the time of the first CE compliance date are exempt from CE requirements for that first reporting period.

The Success Family of CE Companies provides this information as a courtesy to individuals who are subject to insurance continuing education requirements. Due to regulatory requirements we suggest that you contact your state department of insurance to insure that no regulatory changes have been enacted. Although ongoing efforts have been made to qualify that the information provided here is accurate and current, neither The Success Family of CE Companies nor its employees warrant or represent that this information is accurate and current. All information is subject to change without notice.