Continuing Education Requirements:

Licences Issued between March 1 and May 31 Annually

The Insurance Council’s licence period runs from June 1 to May 31, annually, and licensees are required to meet continuing education (CE) requirements for that year.

Starting 2021, for licensees who receive their licences in the three months before the end of the licence period (March 1 to May 31), the CE requirements for that year will be waived.

In other words, if you are a licensee who receives your licence between March 1 and May 31, 2021, you are not required to complete CE credits for the 2021 licence period. Then, from June 1, 2021, onward you will be required to complete CE specific to your licence class to apply towards the 2022 licence period by May 31, 2022, when you submit your first annual licence renewal.
 

I got my licence between March 1 and May 31, 2021, how many credits am I required to complete by May 31, 2022?

If you received your licence between March 1, 2021 and May 31, 2021, your first annual licence renewal will be May 31, 2022 and your CE credit requirement is as follows:

  • For life and/or accident and sickness insurance agents, you are required to complete 15 credits between June 1, 2021 and May 31, 2022. 
  • For general insurance agents, salespersons, or adjusters, you are required to complete 8 credits between June 1, 2021 and May 31, 2022. 

Example:
Ramel first obtained his insurance licence on April 15, 2021. How many credits is he required to complete by May 31, 2022?

Because of the CE waiver for licences issued within the last three months of the licence period, Ramel is not required to complete CE credits by May 31, 2021. Starting June 1, 2021 (aligning with the start of the 2022 licence period), Ramel will begin taking CE courses, which he will apply towards his CE requirements when he completes his annual licence renewal by May 31, 2022. Ramel will also keep his CE records in case his records are audited by Insurance Council. 

 

Where do I find my licence effective date?

You will find your licence effective date in the licence confirmation letter you first received from Insurance Council upon obtaining your licence. Alternatively, you may verify your licence information through the Licensee Directory