This article will answer your questions about insurance license renewal in Louisiana. Using BetterCE’s straightforward, two-step process, you can renew your Louisiana insurance license smoothly and easily.
The requirements for renewing your Louisiana insurance license are pretty basic. First, make sure you know your license expiration date. In Louisiana, insurance licenses expire every two years on the last day of your birth month, biennially. The renewal period begins 60 days prior to the expiration date – so if you are outside 60 days from your license expiration date, you will not be able to renew your license yet.
If you are unsure of your expiration date, or other license information, you can view your license detail, CE Requirements, and balance of earned credits at any time through the Louisiana Insurance Industry Access Portal.
Once you know when your license expires, follow these two steps to keep it active:
- Complete your Louisiana insurance license continuing education requirements.
- Submit your renewal application and pay the associated fees before your expiration date.
Step #1: Complete Your Louisiana Insurance License CE Requirements
All major lines licensed agents in Louisiana are required to complete 24 credit hours of continuing education every two years prior to their license expiration date. Of the 24 required credits, at least 3 must be done in courses approved for the category of Ethics Training. Major lines include agents licensed to sell life, accident and sickness, property, casualty, and personal lines.
Even if you hold multiple licenses, you will only need to complete a maximum of 24 credit hours. For example, if you hold a property line of licensing and a Life insurance license, you only need to complete a maximum of 24 credits.
Special Training Requirements for Louisiana Insurance Agents
There are special training requirements for agents selling long-term care, annuity, and flood insurance. These courses will generally apply towards your CE requirements if taken from an approved CE provider.
- If you are licensed in a property line of authority and will be selling flood insurance, you must complete a one-time, three-hour course related to the National Flood Insurance Program.
- If you will be selling, soliciting, or negotiating an annuity product, you will need to complete a one-time, four-hour Annuity Suitability course. You will also need to complete ongoing company-sponsored training on the topic.
Long Term Care
- If you are selling, soliciting, or negotiating a long-term care partnership policy, you must complete a four-hour Long Term Care training course. Additionally, you are required to complete a one-hour training course on this topic during each subsequent compliance period.
Besides the 3 hours of Ethics training, you can take the remaining courses (21 credits) in any subject matter as long as the Louisiana Department of Insurance has approved them.
Exemptions from CE Requirements
Louisiana offers certain exemptions from having to complete your CE requirements. You can be exempted from CE requirements if you are 65 or older and have a minimum of 15 years of experience. However, this exemption does not apply to adjusters or for exemptions from Long-Term Care training requirements. You must submit a 65A Exemption Form to request this exemption.
Step #2: Submit Your Louisiana Insurance License Renewal Application
Once you have completed your CE requirements, you are ready to renew your Louisiana insurance license. This must be done prior to your license expiration date and when you are within 60 days of the expiration date.
When you are ready to renew, you can do so through NIPR.com or the Louisiana Industry Access Portal. The renewal fee for Louisiana is $50 for a single line of authority license and $55 for a combination license with two or more lines of authority.
What Happens if I Miss the Louisiana License Renewal Deadline?
If you don’t complete your renewal requirements prior to your license expiration date, it will render your license inactive, and you won’t be allowed to conduct insurance business. However, you have up to 2 years to reinstate your license as long as you:
- Complete your CE requirements and submit your renewal application
- Pay a $50 reinstatement fee as well as your $5.60 renewal processing fee
If your license has been inactive for more than two years, you’ll need to complete the entire re-application process, including fingerprinting. You’ll also need to pass a licensing exam.
Start Your Louisiana License Renewal Continuing Education Now
Even though you have two years to complete your 24 hours of continuing education, starting as soon as possible is always best. BetterCE offers all the courses you’ll need to fulfill your requirements. You can view them all in our Louisiana Insurance Continuing Education Course Catalog.
If you prefer live instruction, look at our catalog of Louisiana webinar courses. You won’t have to worry about any final exams when using this course format, and you’ll have the chance to interact with your instructor.
We also offer text-based courses that you can complete anywhere, anytime! When taking quizzes and exams, you can re-test as many times as you need. For added convenience, you can access our courses from a web browser or mobile device.
Completions Reported the Same Day – Fast and Reliable CE Credit Reporting
Unlike most other CE providers, BetterCE offers same-day credit reporting. We report twice daily, so your credits will be submitted to your Department of Insurance within hours of completing your coursework. Keep in mind that it usually takes the Department of Insurance up to 24 hours to process these submissions and make your renewal application available to you. So, we strongly encourage agents to complete their CE requirements at least two days before their license expiration date.
Summary of Steps to Keep Your Louisiana Insurance License Active
Renewing your Louisiana insurance license is an important process. Let’s briefly summarize the steps involved.
- Determine your license expiration date
- Determine your continuing education requirements
- Enroll in courses well in advance of your expiration date
- Complete your courses
- Renew your license
Everything you need to renew your Louisiana insurance license is available through our website. Should you have any questions, feel free to call our office, where our compliance support professionals will be delighted to assist you.
If your renewal date is approaching, don’t wait until the last minute! Sign up for courses now through BetterCE and experience the most trusted and convenient way to keep your license active.
Get Started Now – Renew Your Louisiana Insurance License on Time!!
At BetterCE we’ve proudly helped hundreds of thousands of insurance agents in navigating their licensing requirements and renewal processes. Our commitment to providing affordable, convenient CE solutions is matched only by our reliable, expert support. Join our community of satisfied agents and experience the ease and excellence of BetterCE today!
If you have a question or need help, call 1-888-501-7330 for our customer care team. Then, fill out our Contact Form and get a conversation started with us today!