North Carolina Administrative Code › Title 11 - INSURANCE › Chapter 06 - AGENT SERVICES DIVISION › Subchapter A - AGENT SERVICES DIVISION › Section .0800 - CONTINUING EDUCATION › Section 06A .0801 - DEFINITIONS

Current through Register Vol. 39, No. 2, July 15, 2024
As used in this Section:
(1) "Biennial compliance period" means the
				  24-month period during which an agent or adjuster shall comply with continuing
				  education requirements.
(2)
				  "Cluster of courses" means a number of courses, each of which is less than 100
				  minutes in length, but altogether 100 minutes or more in length, that are
				  offered within one state or national program or convention.
(3) "Compliance year" means the second year
				  of the biennial compliance period.
(4) "Continuing Education Administrator" or
				  "Administrator" means the entity with which the Commissioner contracts for
				  continuing education administration, including the approval of providers and
				  courses and the retention of ICEC records for licensees.
(5) "Course" means a continuing education
				  course directly related to insurance principles and practices or a course
				  designed and approved specifically for licensees; but does not mean a business
				  course of a general nature or an insurance marketing or sales course. Courses
				  shall be for instructional purposes only and not for promoting the interests of
				  or recruiting employees for any particular insurance agency or
				  company.
(6) "Disinterested third
				  party" means a person not concerned, with respect to possible gain or loss, in
				  the result of a pending course final examination.
(7) "Distance learning" means an educational
				  program in which the licensee and the instructor are in different physical
				  locations and interact with each other through various methods of
				  telecommunication.
(8) "Ethics
				  course" means a continuing education course that deals with usage and customs
				  among members of the insurance profession involving their moral and
				  professional duties toward one another, toward clients, toward insureds, and
				  toward insurers.
(9) "Insurance
				  continuing education credit" or "ICEC" means a value assigned to a course by
				  the Commissioner after review and approval of a course information. This term
				  means the same as "credit hour" as used in
				  G.S.
				  58-33-130.
(10) "Instructor" means an individual who
				  teaches, lectures, leads, or otherwise instructs a course.
(11) "Licensee" means a licensed adjuster, a
				  licensed broker, or a licensed agent with any of the following lines of
				  authority: property, casualty, personal lines, life, or accident and health or
				  sickness.
(12) "Long-Term Care
				  Partnership Education" means a continuing education course related to long-term
				  care insurance, long-term care services and qualified state long-term care
				  insurance partnership programs which includes:
(a) State and federal regulations and
				  requirements relating to long-term care partnership policies;
(b) the relationship between qualified state
				  long-term care insurance partnership programs and other public and private
				  coverage of long-term care services, including Medicaid:
(c) available long-term care services and
				  providers;
(d) changes or
				  improvements in long-term care services or providers;
(e) alternatives to the purchase of private
				  long-term care insurance;
(f) the
				  effect of inflation on long-term care partnership policy benefits and the
				  importance of inflation protection; and
(g) consumer suitability standards and
				  guidelines for long-term care partnership policies.