Marcia Hultman

Cabinet Secretary

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Division of Insurance - Producer Information


Resident Continuing Education - Renewal

Resident producers must complete the Continuing Education (CE) as specified below by the end of their birth month every two years. If a resident producer adds a qualification to their existing license, the CE requirements for the new qualification will be waived until after their next renewal.

In order for a resident producer to renew their license for the next two-year period, they must have completed their CE hours during the previous two-year period and submit a renewal application (available 90 days prior to the end of their birth month).

Find your license expiration date using the license inquiry service available through Sircon. The information can be printed for your records.

Topics of Frequent Inquiry

Continuing Education Requirements
Completion Requirements
Deadline
Fees
Newly Licensed Producers
Reciprocity
Request to Drop a Line/Qualification
Extensions
Exemptions
Relicensure
Contact the SD Division of Insurance Continuing Education Coordinator

 

 

Continuing Education Requirements

Administrative Rule of South Dakota (ARSD) 20:06:18:03 specifies the required hours of continuing education credits (CEC) for each qualification a producer holds. The number of hours needed for each qualification carried on your license is:

  • Life/Health only - 10 hours
  • Property/Casualty only - 10 hours
  • Life/Health and Property/Casualty - 10 hours Life/Health and 10 hours Property/Casualty
  • Crop only - 4 hours
  • Crop and Life/Health - 2 hours Crop and 8 hours Life/Health
  • Crop and Property/Casualty - 2 hours Crop and 8 hours Property/Casualty
  • Crop, Property/Casualty and Life/Health - 2 hours Crop, 8 hours Property/Casualty and 10 hours Life/Health

The CE period will be waived for any new qualification added during the two-year CE period of an existing producer's license until the first renewal.

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Completion Requirements

Continuing education requirements must be completed during a 24-month period ending on the producer's birth month.

The South Dakota Division of Insurance uses Sircon (a web-based program; also known as Vertafore) to manage and monitor continuing education compliance. Upon successful completion of an approved course, credit will be applied to your record by the provider. Producers are not required to report their continuing education credits (CECs) to the Division.

Using Sircon, you can:

  • Look up approved education courses and their credits (classroom and additional offering dates, correspondence, internet, and on-line courses).
  • Review the status of your continuing education compliance.
  • Renew your license and pay the renewal fee.
  • Check the status of your license renewal.
  • Update your email address.

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Deadline

Resident producer licenses renew biennially based on the producer's birth month. Renewals are completed electronically through Sircon. The renewal period will open 90 days prior to the license renewal deadline.

Fees

A $20 licensing renewal fee is payable online at Sircon or NIPR. All fees are non-refundable.

If the licensing renewal and payment of the $20 fee is not completed through Sircon or NIPR by the due date, the license will lapse and your appointments will be terminated.

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Newly Licensed Producers

Newly licensed resident producers initially have a 24-35 month license in order to allow adequate time to complete full continuing education requirements before their first renewal.

Example renewal dates:

  • Licensed in July 2016 - Producer birth month is February - will renew by February 2019 (31 months)
  • Licensed in July 2016 - Producer birth month is July - will renew by July 2018 (24 months)
  • Licensed in August 2016 - Producer birth month is July - will renew by July 2013 (35 months)

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Reciprocity

Producers who are moving to South Dakota from a state that requires continuing education may provide evidence of prior course completion to satisfy these requirements, providing the courses were completed during the same time frame.

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Request to Drop a Line/Qualification

During the license renewal period, a licensee can request to restrict/drop a line or lines from their license through the Sircon producer's website* or through the renewal section of NIPR while going through the renewal process.

*If utilizing Sircon to complete the request, a licensee can request a free printable license within 30 days of renewal.

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Extensions

Extensions of time to obtain CECs may be granted upon showing "good cause" for such an extension to be granted. "Good cause" is defined as death, disability, natural disaster or other extenuating circumstances which makes it impossible to attend a continuing education course or do independent study.

Such requests must be in writing and must be received by the Director of the Division not less than 21 days before the expiration of the two-year period or the expiration of the previous extension period. The request shall contain the name, address and telephone number of the producer requesting the extension. If the reason for the request is medical, a doctor's statement is required. No extension shall be granted for greater than one year. The extension shall have no effect on the deadline for obtaining CECs in the next two-year period.

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Exemptions

The following producers are exempt from all continuing education requirements:

  • A licensee holding a limited license to sell only credit life and credit health insurance;
  • A licensee outside the United States or its territories;
  • A licensee who is a resident attorney licensed to practice law in the state;
  • A licensee who is a transportation ticket producer of common carriers holding a limited license to sell travel accident and baggage insurance only;
  • A licensee who is an employee of a trade association holding a limited license to sell only surety bonds to its association members;
  • A licensee who is licensed to sell only bail bonds.

The producer must notify the Division in writing if he/she falls under one of the exempt categories.

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Relicensure

A producer who loses his/her license due to non-renewal (failure to pay the renewal fee) or for not completing their CEC requirement can become reinstated within one year of cancellation by completing all licensing procedures. In order to reinstate the license, the producer must have completed the CECs required for the two-year licensing period prior to his license cancellation. These CECs must be completed before the producer may be reinstated. A producer will need to pay $40 in order to reinstate the license.

Contact the Continuing Education Coordinator for the number of credit hours required for reinstatement.

After reinstatement the producer must then complete his/her continuing education requirement for the current reporting period.

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Contact the Continuing Education Coordinator or

Contact the Division of Insurance