Timely completion of this state's continuing insurance education requirement is a prerequisite for renewal or reinstatement of a license. Before applying for renewal or reinstatement of a license, except as provided in WAC
284-17-222 or waived in accordance with WAC
284-17-254, all resident producers licensed for personal lines, life, disability, property, casualty or variable life and variable annuity product lines of authority must complete twenty-four credit hours of approved insurance continuing education. The twenty-four hours of education must include three credit hours of ethics education during every license continuation period.
(1) Courses must be completed within the twenty-four month period prior to the:
(a) Expiration date of the license;
(b) Date of late renewal; or
(c) Date of the request for reinstatement.
(2) Producers must maintain each continuing education certificate of completion for three years.
(3) For producers required to complete the annuity suitability training, flood training or long-term care training, producers should maintain certificates for as long as the producer transacts business for these products, but not less than three years.
[Statutory Authority: RCW
48.02.060,
48.17.005,
48.17.150(1), and
48.01.030. WSR 15-13-061 (Matter No. R 2014-02), § 284-17-224, filed 6/10/15, effective 7/11/15. Statutory Authority: RCW
48.02.060,
48.17.005. WSR 09-02-073 (Matter No. R 2008-06), § 284-17-224, filed 1/6/09, effective 7/1/09. Statutory Authority: RCW
48.02.060,
48.17.150,
48.17.563,
48.85.040. WSR 05-07-091 (Matter No. R 2004-04), § 284-17-224, filed 3/17/05, effective 4/17/05.]