This article answers the question: How can I renew my insurance license in Iowa? We’re confident that the BetterCE straightforward, two-step process can help you renew your Iowa insurance license quickly and without fuss.
The Iowa insurance license renewal requirements are straightforward. Every three years, you need to renew your insurance license. This must be done within 90 days prior to the license expiration date, which is the last day of your birth month. You can verify your expiration date using the NAIC website.
There are only two steps required to keep your license active:
- Complete the Iowa insurance license continuing education requirements.
- Submit your renewal application prior to expiration.
Step #1: Complete the Iowa License Renewal Requirements
The Iowa Insurance Division requires all major lines licensed agents to complete 36 credit hours of state-approved continuing education every three years. Major lines are agents licensed to sell: Life, Accident and Health, Property, Casualty, Variable Life and Variable Annuities, and Personal Lines. Of the 36 credits, at least 3 must be approved for ethics.
Remember that no matter how many licenses you hold, you only need to do a maximum of 36 credits. So, for example, if you are licensed in Life as well as Property, you only need to do 36 credits total, 3 of which must be in ethics.
Special training requirements exist for agents selling long-term care, annuity, and flood insurance.
- Agents who sell long-term care policies must complete an initial 8-hour training course. After that, you must complete a 4-hour long-term care training course for every renewal period.
- Producers who sell, solicit, or negotiate an annuity product must complete a one-time 4-hour annuity suitability course prior to selling.
- Producers who sell flood insurance must complete a one-time 3-hour continuing education course related to the National Flood Insurance Program (NFIP) prior to selling.
Besides the ethics course, you can take courses in any subject matter as long as they are approved by the insurance division.
Step #2: Submit Your Iowa Insurance License Renewal Application Prior to Expiration
After completing your CE requirements, the last step you need to take is to renew your Iowa insurance license. This must be done prior to your license expiration date but not more than 90 days in advance of the expiration date. You can access your renewal application and file it online at NIPR Iowa License Renewal or Sircon Iowa Agent Renewal. The renewal fee is $50.
If you don’t renew your Iowa insurance license prior to your expiration date, it will be considered expired, and you are prohibited from transacting insurance business. You still have up to 12 months to reinstate your license, but only if you completed your CE requirements before your license expiration date, and you must pay a reinstatement fee of $100 in addition to the $50 renewal fee.
If you did not complete your CE requirements on time, you’ll need to contact the Iowa Insurance Division for information on the process for reinstatement. In almost every case, the Iowa Department will allow you to reinstate your license by completing any outstanding CE due and then submitting the reinstatement application and late fees. If you fail to reinstate your license within 12 months beyond your original license expiration date, your license will be terminated, and you will have to undergo the relicensing process.
Now Is the Time to Start Your Iowa License Renewal Continuing Education
Even with three full years to accumulate your 36 hours of continuing education, there’s no reason to wait to start. BetterCE has you covered with all the courses you need. The complete listing is in our Iowa Insurance Continuing Education Course Catalog.
Our online training is self-paced and delivered to your computer, tablet, and smartphone. The quizzes and exams are scored instantly, and you can take them as many times as necessary to pass. Plus, you can return to the training whenever it is convenient. The course progress bar tells you exactly where you left off.
Completions Reported the Same Day
Our office will report your continuing education course credits to the Iowa Insurance Division the same day you complete the training. So, if you’re rushing to complete your continuing education, we’ve got you covered.
Summary of Steps to Keep Your Iowa Insurance License Active
Even though we’ve mapped it out above, it’s still a great deal to digest. So here’s a quick summary to get you started on the path to renewal.
- Determine your license expiration date.
- Determine your continuing education requirements.
- Enroll in courses well in advance of your expiration date.
- Complete your courses – we submit your credits the same day you complete them.
- Renew your license.
We’re confident that everything you need to renew your Iowa insurance license is easily accessible through our website. If not, call our office, and we’ll happily assist you.
There’s no time to be lost if you’re near your renewal date. So sign up now for the most trusted and convenient solution for keeping your license active.
We’re Here to Help
At BetterCE, we provide more than the most convenient and affordable solution for insurance continuing education. Our agent support services are provided by experienced insurance licensing professionals who have helped thousands of agents navigate the renewal process easily.
Have a question or need assistance? Phone 1-888-501-7330 for our customer care team. We also respond to emails as well as via our Contact Form. You can also sign up for convenient license renewal reminders on our contact page.