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South Dakota Division of Insurance |
Helpful Links |
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ph: (605) 773-3513 fax: (605) 773-5369 email: insurance@state.sd.us website: http://dlr.sd.gov/insurance |
In order to renew your insurance license, you must complete the required continuing education hours for the lines of insurance that you are licensed in. All of the hours must be completed and reported prior to your license renewal date to avoid a lapse in your license.
Total Hours
Compliance Renewal Date
Renewal date is the last day of licensee's of birth month biennially, based on odd or even birth year. If a resident producer adds a qualification to their existing license, the Continuing Education (CE) requirements for the new qualification will be waived until after their next renewal.
You may also need to take specific courses or earn specific credit types to renew your license. These course completions will count toward the total hour requirement.
Course must be taken in the lines for which license is held. A minimum of 8 hours in each line must be taken for producers holding both Life & Health and Property & Casualty licenses. Hours in the General type cannot be applied toward Crop licenses. Company-sponsored courses are limited to 50% of the requirement for each line - does not apply to licensees required to only complete 5 credit hours or less.
For Life & Health Producers:
Long-Term Care
8/4 hrs - Producers must complete an initial 8-hour Long-Term Care (LTC) Certification Training prior to selling, soliciting, or negotiating Long-Term Care products/policies. After completing the initial requirement, producers must complete a 4-hour ongoing LTC training every July 1st on even-numbered years after the initial training. (Even if the initial training was completed earlier that year)
Annuity Suitability
4 hrs - Producers must complete a one-time 4-hour Annuity Suitability Certification Training prior to selling, soliciting, or negotiating annuity products.
For Property & Casualty Producers:
Flood
3 hrs - Property/Casualty and Personal lines producers must complete a one-time 3-hour course on NFIP Flood Insurance Certification Training prior to selling flood insurance policies.
There are also additional rules about how the course hours can be applied.
Carryover hours are not allowed.
Courses may not be taken more than once in a reporting period.
If you meet any of criteria below, you may be exempt from the continuing education requirements.
Once you have determined the renewal requirements for your license, you can register for courses. Each course has an associated credit type; when registering for courses, select courses with credit types that will help to fulfill the renewal requirements for your license.
PreLicenseTraining.com offers webinar, online, and self study courses for South Dakota. You can register for courses at CE Courses.
You must fulfill the course requirements for each of the courses to have them reported.
Online and self study exams do not require a monitor.
Once a course has been completed, the completion must be reported to the state. PreLicenseTraining.com will report the course completions to Sircon.
Once you have satisfied the renewal requirements for your license, you can file a renewal application at www.sircon.com. Renewal applications can be filed in the 90 day period prior to the license expiration date.
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