Iowa Administrative Code › Agency 191 - Insurance Division › Insurance Producers › Chapter 11 - Continuing Education for Insurance Producers › Rule 191-11.5 - Course Approval

Current through Register Vol. 47, No. 3, July 24, 2024
(1) To qualify
				for approval a course must be designed to expand technical insurance skills and
				knowledge obtained prior to initial licensure or to develop new and relevant
				skills and knowledge.
(2) Any
				approved active CE provider must submit a request for approval of any course,
				program of study, or subject for continuing education credit to the division on
				an NAIC uniform form. Ifan outside vendor is retained by the division for
				course reviews, requests for approval must be filed directly with the
				vendor.
(3) Requests for course
				approval that do not include all required information will be returned as
				incomplete.
(4) Except as provided
				in subrule 11.5(5), requests for approval must be submitted at least 30 days
				prior to the beginning of the course. A request for renewal of a previously
				approved course must be submitted at least 30 days prior to the end of the
				24-month approval period. Requests received later may be disapproved.
(5) A request for approval of any self-study
				course that is part of a recognized national designation program may be filed
				within 60 days after the course is completed. This course will be reviewed and
				may be approved for up to the number of credits awarded for passage of the
				national examination in topics that are otherwise approvable under these
				rules.
(6) An insurance producer
				who attends a classroom course offered by a college, university or governmental
				agency that has not been approved by the division may make application for
				approval of the provider and course for CE credit. The application must be
				filed within 60 days of attendance at the course and must contain sufficient
				materials to allow for a thorough evaluation of the provider, course content,
				and instructor qualifications. To be eligible for CE credit, the course must
				meet all division guidelines for course approval. All course review fees must
				be paid by the producer.
(7) A CE
				course must be offered for a minimum of one credit. Fractional credits will not
				be awarded. The total credit that may be awarded for a CE course is limited to
				36 credits.
(8) Notification will
				be sent to the CE provider indicating approval or disapproval. Approved courses
				will be assigned a course number.
(9) The division may deem the approval of a
				CE course by another state's insurance division as adequate evidence that a
				course is eligible for approval in Iowa and may award the same number of
				credits for the course awarded by the other state. The CE provider must submit
				the NAIC uniform form demonstrating the other state's approval of the CE
				course.
(10) Within 30 days of
				course approval, CE providers must inform the division or its vendor, as
				directed by the division, of the dates and locations that the course will be
				offered. Failure to timely file the dates and locations subjects the CE
				provider to penalty and suspension or rescission of course approval.
(11) CE courses approved by the division may
				be offered for a 24-month period following the date of approval.