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Saskatchewan CE Requirements:
Life including Accident & Sickness or Accident & Sickness Only Agents:
Effective January 1, 2013, the Life Insurance Council Bylaw (bylaw) was amended to require Life including Accident & Sickness or Accident & Sickness Only Licensees to earn a minimum of 15 credit hours of continuing education in each annual reporting period.
General Agents:
Restricted Auto Licensee - Earn a minimum of three (3) credit hours of continuing education.
Level 1 to Level 3 / Property and Casualty Licensees and Insurer Representatives
Licensees who do not qualify under (3) or (4) below are required to earn a minimum of 12 credit hours of continuing education each annual reporting period.
Licensees with at least 25 years of continuous experience in the property and casualty insurance industry are required to earn a minimum of 8 credit hours of education each annual reporting period.
Adjuster Licensee:
Each annual reporting period licensees are required to earn a minimum of eight (8) credit hours of continuing education.
Continuing education for an adjuster licensee must be directly related to claims handling of property and casualty insurance products or services, or the management of an adjusting firm.
Restricted Travel Licensee
Each annual reporting period, licensees are required to earn a minimum of three (3) credit hours of continuing education.
Courses, programs or meetings related to sales production, promotion, motivation or computer training do not qualify for credit hours.
Non-resident licensees
Non-resident licensees are required to comply with the continuing education requirements in Saskatchewan unless they can provide evidence (certificate of completion) they are complying with a continuing education requirement in their resident jurisdiction.
Mandatory Ethics Training Course (Life)
(1) All resident licensees must, within the cycles set out below, complete one or more LlCS approved ethics courses totalling at least three hours in duration.
(2) Resident licensees who hold a licence issued prior to January 1, 2013 must complete ethics training:
(a) by their annual reporting date in 2016; and
(b) within each subsequent five-year cycle.
(3) Resident licensees who hold a licence issued on or after January 1,2013 must complete ethics training within:
(a) three years of becoming licensed; and
(b) each subsequent five-year cycle.
(4) The five-year cycles referred to in clauses 9-3(2)(b) and 9-3(3)(b) begin when the previous cycle ended.
(5) Credit hours earned for an ethics course can be applied towards a licensee's continuing education requirements.
(6) For the purpose of this section each individual ethics course must be at least one hour in duration.
Mandatory Ethics Training Course (P&C)
(1) All resident Restricted Auto, Level 1 to Level 3 property and casualty and Level 1 to Level 3 adjuster licensees must, within the cycles set out below, complete one or more GICS approved ethics courses totaling at least three hours in duration.
(2) Resident licensees who hold a licence issued prior to January 1, 2010 must complete ethics training:
(a) by their annual reporting date in 2013; and
(b) within each subsequent five-year cycle.
(3) Resident licensees who hold a licence issued on or after January 1, 2010 must complete ethics training within:
(a) three years of becoming licensed; and
(b) each subsequent five-year cycle.
(4) The five-year cycles referred to in clauses 9-3(2)(b) and 9-3(3)(b) begin when the previous cycle ended.
(5) Credit hours earned for an ethics course can be applied towards a licensee’s continuing education requirements.
(6) For the purpose of this section each individual ethics course must be at least one hour
in duration.
REPEATS: Courses cannot be repeated within five years.
TESTING: Part IX Continuing Education 9-1 Rules for qualifying for continuing education
(5) A maximum of eight credit hours will be allowed in any calendar day.
What this means: SK does not allow an agent to complete over 8-hours in one day. If you start a 15-hour course today, you cannot submit your test for grading until the following day.
Thank you,
United Insurance Educators, Inc.
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