Rhode Island Insurance Requirements.
Provider #721
Continuing Education Requirements
This information is intended to provide answers to commonly asked questions by insurance agents. It is not intended to replace detailed information found in your state’s statutes and regulations. Though we have made reasonable efforts to ensure that the information given is reliable and current, we cannot guarantee that it is. For more information please contact your state insurance department. See contact information below.
Hours Required
• 24 credits biennially
Compliance Date
Based on the producer's month of birth and month of initial licensure. Please contact the Department of Insurance for more specific information regarding your renewal date.
Approved Course Delivery Methods
• Independent self-study online or written courses
• Classroom
• Interactive Online
• Seminar
Exam Requirements
Exams are open-book and a passing grade of 70% is required on final exams.
Course Subject Requirements
• Students must complete 3 credit hours in ethics.
• Agents must complete a minimum of 5 credit hours in each line of authority held.
• All licensed Property agents must complete a one time 3 credit hour requirement in flood insurance.
-Long Term Care - 8 hours initial training required followed by 4 hours ongoing training every 2 years thereafter.
Annuity - 4 hours one-time annuity training required.
Carryover Credits
A maximum of 24 hours may be carried over to the next reporting period.
Course Repetition
Courses may not be taken more than once in a two-year period.
Exemptions
• Individuals holding a limited line credit insurance license.
• Individual who hold a license line which does not require a final examination.
• Individuals who are at least 55 years of age and have been continuously licensed for 25 years or an individual who is at least 60 years old at the time of renewal and have been licensed for 20 years without a lapse.
• Non-residents are exempt as long as they meet the requirements of their home state.
Credit Reporting
Upon successful completion of a CE course, we will send the licensee a certificate of completion, which is used to transfer information to Rhode Island's summary report form. This form must be submitted to the Insurance Division upon renewal. Copies of your certificates of completion should be maintained for a minimum of four years in case of an audit by the state.
Contact Information:
If you have any questions regarding renewal or credits, please contact:
Rhode Island Department of Business Regulation
Licensing Division
233 Richmond Street, Suite 233
Providence, RI 02903-4233
(401) 222-2223
https://dbr.ri.gov/divisions/insurance/
Contact Cape:
Cape School, Inc.
P.O. Box 169
Buckingham, VA 23921
Phone: 800-729-7363
Fax: 888-303-1828
Or email us below
Have Questions? Call us at # 800-729-7363 or reach us by email at info@capeschool.com.