Minnesota Provider #9145
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
Minnesota Department of Commerce
Office of the Commissioner
85 7th Place East, Suite 500
PHONE: (651) 296-6319 or (800) 657-3978
FAX: (651) 284-4107
State’s Website: http://www.commerce.state.mn.us/
License Status
Insurance CE Hours Required
Annuity – Best Interest Interest Certification: Effective 1/1/2023, before selling, soliciting or negotiating Annuity policies in Minnesota, must completed a one-time 4-hour annuity certification, the annuity best interest course, prior to selling annuities.
- 24-Hours, including 3-hours of Ethics are required biennially.
- CE may be completed through self-study online courses, or classroom.
State Specific Insurance CE Certifications
- Annuity:
- LTC Initial:
- LTC Follow-up:
CE Final Exam Regulations
- Final Exams do require a Disinterested 3rd Party. This means a party who has no personal or professional interest in the outcome of a dispute in which they mediate.
- The Minnesota DOC requires all online self-study CE courses not to allow access to the final exam until the agent’s time in the course material equals the number of approved credit hours.
- The course will stop timing if the student has been inactive for more than 8 minutes.
- Any student cannot spend more than 8 hours on continuing education in one day.
- A MN Exam Proctor Affidavit is required to be completed and sent back, within 10 days, before it can be reported to Sircon.
- The monitor signs this document stating that they were present the final exam completion and passing.
- All Final Exams are closed book and require to be completed in one sitting.
- If you are not able to complete and submit your exam in within one sitting, you will be required to start from exam question one.
Reporting to Your State/Regulatory Authority
- State Insurance completions are reported 2 times every business day. If course is completed after 2 PM PT, it will be reported the following business day.
- CFP reports are sent on Friday at 2 PM PT to the CFP Board electronically.
- You may also self-report your CFP completions to www.cfp.net
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 taken for credit more than once in the same compliance period.
Method to Certify Completion
- For Most States you will be able to print your certificate of completion online once you have completed your exam.
- We usually report to the State Department of Insurance or regulatory board by the next business day.
- It may, however, take your State DOI or regulatory board up to 30 days to report your completion results on their systems.
- As an added service, we can Rapidly Report all of your completed courses the same business day (per credit order) for only $25.
Insurance CE Exemptions
- Individuals who hold full-lines license but use it to sell only credit life, credit accident and health and/or credit property. (Must request exemption form from the insurance department.)
- Individuals licensed less than 6 months prior to the first renewal date are exempt for the first reporting period.
- Inactive producers (must file a waiver form with the Department)
- Adjusters
Non-Resident Requirements
- Initial LTC Requirement: A non-resident producer must complete an eight (8) hour MA (Medical Assistant) Eligibility course approved by Minnesota OR complete an 8-hour NAIC LTC course from another state along with a Minnesota course that details the distinct aspects of their Medicaid Assistance.
- On-going LTC Requirement: A 4-hour follow-up LTC course is required every 24 months.
For a listing of the State Departments of Insurance websites provided by the NAIC (National Association of Insurance Commissioners), please go to: http://www.naic.org/state_web_map.htm