PURPOSE: This rule establishes procedures and forms with regard to the continuing education requirements contained in section 375.020, RSMo.

1. (1) As used in this rule, unless the context clearly indicates otherwise, the following terms shall mean:

   1. (A) Approved course—an educational presentation offered in a class, seminar, selfstudy or other forms of instruction involving insurance fundamentals, insurance related law, insurance policies, claims and coverages or other areas that have been approved by the director as expanding skills and knowledge in the lines of insurance for which the licensee is licensed, but shall not include subject matter relating to prospecting, motivation, sales techniques, psychology, recruiting and subjects not related to the insurance license;
   2. (B) CEC—continuing education credit for licensed insurance agents and brokers;
   3. (C) Classroom—an area designated for instructional purposes;
   4. (D) Continuing Education Certificate of Course Completion—a form provided by the director and completed by the authorized provider representative of an approved course which signifies satisfactory completion of the course and reflects the hours of credit earned;
   5. (E) Continuing Education Certification Summary—a form provided by the director and completed by the licensee which documents compliance with the continuing education requirements in section 375.020, RSMo;
   6. (F) Continuing Education Provider Application for Course Approval—a form provided by the director and completed by the course provider which requests approval of a continuing education course from the director;
   7. (G) Credit hour—constitutes fifty (50) minutes of uninterrupted instruction pertaining to an approved course;
   8. (H) Director—the director of the Department of Insurance, or his/her designee;
   9. (I) Licensee—a person who is licensed by the Missouri Department of Insurance (MDI) as an insurance agent or broker;
   10. (J) Local agent group—any group of agents, brokers, or agencies that reside or are domiciled in the state of Missouri and who are members of a recognized agents’ or brokers’ association or insurance trade association;
   11. (K) Other profession—a profession, other than that of insurance agent or broker, which is required to be licensed by the state of Missouri, for which the insurance agent or broker is currently licensed, and which requires the licensee to complete a specified number of hours of continuing education requirements in order to maintain his/her license;
   12. (L) Self-study course—any course completed by a licensee using books, audio and/or videotapes, computer programs, or any other medium of instruction, without the presence of an instructor or monitor.

2. (2) CEC hours may be earned through the following:

   1. (A) Classroom instruction with a maximum credit of sixteen (16) CEC hours per course.
   2. (B) A course leading to a professional designation when the licensee receives a passing grade. Maximum credit is sixteen (16) CEC hours per course. If the licensee does not receive a passing grade, s/he may receive credit pursuant to the requirements of subsection (2)(A); and
   3. (C) Self-Study Courses. The licensee must pass a proctored exam to receive credit. The maximum allowable credit for self-study courses is sixteen (16) CEC hours per course.
3. (3) A provider of classroom instruction, a course leading to a professional designation or a self-study course must seek approval from the director by completing the Continuing Education Provider Application for Course Approval in Form A of this rule. Form A contains the requirements for obtaining course approval. Incomplete applications that are returned to the applicant for additional information must be resubmitted in their entirety prior to the course presentation date. Credit will not be given to licensees for attending courses prior to the course approval date.
4. (4) All course providers must furnish the Continuing Education Certificate of Course 20 CSR 700-3

Completion, set forth in Form B of this rule, to any agent or broker who earns CEC hours after completing an approved course. Form B contains recordkeeping requirements for agents, brokers, and providers.

1. (5) Agents and brokers must submit the Continuing Education Certification Summary, set forth in Form C of this rule, to the director to show compliance with section 375.020, RSMo.

2. (6) Filing Fees.

   1. (A) All insurance agents and insurance brokers must pay a ten-dollar ($10) filing fee to cover the administrative cost related to the handling of the Continuing Education Certification Summary each time a summary is filed with the director. This filing fee must be paid by all insurance agents and insurance brokers upon payment of their biennial license renewal fee.
   2. (B) Filing fees must be paid by money order, cashier’s check, company or agency check. Filing fees are not refundable.

3. (7) Reporting Period.

   1. (A) All resident insurance agents and brokers must file the Continuing Education Certification Summary listing the completed courses approved by the Missouri Department of Insurance.
   2. (B) All nonresident insurance agents and brokers must file a current and original certification letter showing compliance with continuing education requirements in their resident state. Nonresident agents or brokers who reside in a state that does not require continuing education must complete continuing education courses approved by the Missouri Department of Insurance, and must list completed courses on the Continuing Education Certification Summary.
   3. (C) Resident and nonresident agents and brokers must show proof of compliance with the continuing education requirements at the time of their biennial license renewal.
4. (8) Any life insurance agent claiming an exemption from the continuing education requirements under section 375.020.9, RSMo must file a Continuing Education Exemption Certification form with the director at the time of his/her biennial license renewal. The Continuing Education Exemption Certification form is set forth in Form D of this rule.

AUTHORITY: section 375.020, RSMo 1994.* This rule was previously filed as 4 CSR 190-12.130. Original rule filed Aug. 8, 1989, effective Nov. 13, 1989. Amended: Filed Sept. 19, 1990, effective March 14, 1991. Amended: Filed Aug. 15, 1991, effective Jan. 13, 1992. Amended: Filed Nov. 24, 1992, effective June 7, 1993. Amended: Filed March 15, 1993, effective Sept. 9, 1993. Amended: Filed April 19, 1993, effective Nov. 8, 1993. Amended: Filed Dec. 1, 1997, effective June 30, 1998. *Original authority: 375.020, RSMo 1988, amended 1990, 1991, 1993.