Continuing Education

• 2013 NSSTA Annual Meeting Continuing Education Credits 

   

  Continuing Education Registration Requirements
  

  Attendees at the 2013 NSSTA Annual Meeting must know his or her Agent/Broker license number to register on the sign-in sheet for attendance verification at the start of the conference.

  Attendees are also required to sign in and sign out each conference day to receive Continuing Education credits. No partial credits will be awarded. This is a State Compliance Ruling and no exceptions will be made.

  * NEW REQUIREMENT: In order to receive CE Credits, all NSSTA members are required to return their completed survey upon CE Credit sign-out each day. There will be no exceptions.

  Continuing Legal Educational Credits

  NSSTA will be providing Continuing Legal Education credits, approved by the State Bar, in a number of states that require CLE credits for attorney license renewal. States will be listed below as they are approved.

  To view the latest approved CE  & CLE credit list by state, click here. This list will be updated once a week so check back often.

   

   

  4-Hour Annuity Session

  This 4-Hour Annuity Course will cover the Certified Insurance Counselors (CIC) rules governing the design and sale of annuities and meets State Annuity Specific Continuing Education requirements for Producers who are licensed to sell annuities in the following states: California, Colorado, D.C., Florida, Ohio, Texas and Wisconsin.
  
  In states that share reciprocity, Resident and Non-Resident Producers’ compliance with another state’s training requirements that are substantially similar will be deemed in compliance and will be able to complete a single Annuity Training Course and fulfill their one-time 4 hour requirement. This will allow Producers to maintain compliance in multiple states without having to complete multiple courses. These are the states that share reciprocity for Annuity training programs: Alaska, Connecticut, District of Columbia, Idaho, Illinois, Kentucky, Louisiana, Maryland, Michigan, Nebraska, North Dakota, Oklahoma, Oregon, Rhode Island, Washington, and West Virginia.

  New Requirements For 2013

  Michigan: Effective June 1, 2013:  All producers currently licensed to sell, solicit, and negotiate annuity products must complete a one-time annuity training course approved for at least 4 hours by December 1, 2013. A Michigan resident producer may attend NSSTA’s 4 hour approved Annuity program and will be deemed compliant for the December 31, 2013 deadline. The Office of Financial and Insurance Regulation (OFIR) will accept a CE course completed prior to June 1, 2013, provided that the CE course was consistent with the NAIC Suitability in Annuity Transactions Model Regulation. OFIR will not track the training course completions for producers. It is the insurer’s responsibility to verify the producer has completed the training.

  New Jersey: Effective February 4, 2013:  All producers currently licensed to sell, solicit, and negotiate annuity products must complete a one-time annuity training course approved for at least 4 hours by August 4, 2013. All producers licensed on or after February 4, 2013, must complete this training prior to selling, soliciting, or negotiating products. (NSSTA ANU4 Approval pending for NJ)

  New York: NY Bill number A00563 requires the carrier to mandate a minimum of 3 hours CE education annually on the subject of Annuity Suitability. 

  Note: Two states require ongoing state specific Annuity training for license renewal they are: California & Florida: NSSTA has received approval for their annuity program that fulfills CA & FL annuity CE requirements for license renewal:

  NSSTA’s 2013 ANNUAL 4 Annuity Program in California is approved and compliant with Assembly Bill (AB) 689 (Chapter 295, Statutes of 2011) insurance: annuity transactions. This program meets California ongoing 4 hour state approved annuity training program licensees require every 2 year license term NOTE:California resident and non-resident producers who sell annuity products in California must meet California Annuity specific CE compliance.  There is a separate requirement for California, California requires an initial 8 hour Annuity specific training course prior to the 4 hour state-approved requirement.

  NSSTA’s Florida CE-9911 Senior Suitability approved program in Florida is approved for Florida Licensed Life/Health (2-14 Life and Variable Annuity, 2-15 Life, Health and Variable Annuity, 2-16 Life Only, 2-18 Life and Health) AND Property/Casualty Producers (2-20) and fulfills the 3 CE9911 CE credits needed for every two year license term.

   

  CEU School Administration

  Debbie Sink with CEU School Administration is the CEU School Administrator/Coordinator for the National Structured Settlements Trade Association and works in partnership with the NSSTA Education Committee in the development of all conference sessions.

  Debbie handles all aspects of NSSTA’s continuing education programs, and serves as NSSTA’s administrative contact with all regulatory agencies. Debbie will maintain all necessary documents to assure that programs and instructors meet the qualifications per state department of insurance statutes.