Oklahoma Insurance Continuing Education

Resident Requirements

In Oklahoma, all resident producers must complete state continuing education (CE) requirements prior to their license renewal.

All resident producers, except Title producers, are required to complete a minimum of 24 CE credit hours during each two-year license renewal period. Of the 24 total CE credit hours, three must be spent on an ethics course. Additionally, two credit hours must be dedicated to a legislative updates course. The remaining 19 credit hours will be spent on general courses.

For producers and adjusters who hold a Property line of authority, one credit hour must be dedicated to an earthquake course. This one-hour course will be counted towards the 19 general credit hour requirement.

Title producers are subject to unique CE credit hour requirements. Title producers must complete 16 CE credit hours during each two-year licensing period. Of the 16 total CE credit hours, two must be dedicated to ethics courses. Additionally, two credit hours must come from a legislative updates course. The remaining 12 credit hours will be spent on general courses.

Rules for Non-Residents

A non-resident producer who satisfies their home state's CE requirements is exempt from the Oklahoma CE requirements. Your home state's CE requirements must be substantially similar to or reciprocal with Oklahoma's to qualify for this exemption.

Carryover of Excess CE

You can carry up to six excess CE credit hours over to the next license renewal period. Any carryover credits will count towards the general hour requirements, regardless of the original course content.

Insurance License Term Renewal Requirements

The licensing period for Oklahoma producers is two years. A license expires on the last day of your birth month. The renewal year is based on the original licensure year. Therefore, producers originally licensed in an even-numbered year will renew in an even year, and producers originally licensed in an odd-numbered year will renew in an odd year.

You may renew your license up to 90 days prior to the date of expiration. All renewals must be processed online. It is considered best practice to have all CE requirements completed at least 30 days before your license expiration date.

Rules for Taking the Exam

There is no state exam requirement for self-study/correspondence CE courses in Oklahoma. However, most CE providers require that you complete a final exam successfully to receive course credit.

Rules for Repeating a Course

Licensees cannot repeat a course within a 24-month period from the date of course completion.

Credit for Instructors

A qualified instructor will earn the same CE credit hours for presenting an approved course as a student earns for completing the course.

Reporting Rules

You're required to submit a record of completed courses electronically within 10 business days of completion. You'll submit the record via your SBS Online CE Account. Course completion certificates must be distributed to you by the provider for each CE course that you attend. This certificate is for your records and does not need to be provided to the Oklahoma Insurance Department.

Insurance CE Requirement Exemptions

Non-resident producers who have met CE requirements in their home state are not subject to Oklahoma's CE requirements. The home state requirements must be substantially similar to Oklahoma's for the exemption to apply. 

The following Limited lines producers are exempt from CE requirements in Oklahoma: 

• Credit Life
• Credit Disability
• Credit Property
• Credit Unemployment
• Involuntary Unemployment
• Mortgage Life
• Mortgage Guaranty
• Mortgage Disability
• Automobile Protection Insurance
• Motor Service Club
• Portable Electronics
• Prepaid Legal Liability Insurance
• Crop/Hail
• Car Rental
• Surety and Travel

Oklahoma Annuity Requirements

Annuity producers are subject to special requirements in the state of Oklahoma. 

You're not allowed to sell, solicit, or negotiate the sale of an annuity product unless you have adequate prior knowledge of the product. To this end, you must be licensed with a Life line-of-authority and complete a one-time, four credit hour training course on annuity suitability.

An annuity suitability course must cover the following topics:

• The types of annuities and various classifications of annuities
• Identification of the parties to an annuity
• How fixed, variable, and indexed annuity contract provisions affect consumers
• The application of income taxation of qualified and non-qualified annuities
• The primary uses of annuities
• Appropriate sales practices, replacement, and disclosure agreements

If you've received annuity suitability training in another state, you've satisfied the Oklahoma training requirement. This is contingent upon the training requirements being substantially similar to those of Oklahoma.

It is the insurer's responsibility to verify that you have completed annuity suitability training prior to allowing you to engage in the sale of their annuity products.

Oklahoma Long-term Care Insurance Training Requirements

Long-term care insurance producers are subject to special requirements in the state of Oklahoma. 

You may not sell, solicit, or negotiate long-term care insurance unless you are licensed as an insurance producer for Accident and Health, Sickness, or Life. You must also complete a one-time eight credit hour training course on long-term care insurance, and spend a further four CE credit hours on long-term care insurance every license renewal period.

Training must consist of topics related to long-term care insurance, long-term care services, and qualified state long-term care insurance partnership programs if applicable. Specific topics may include:

• State and federal regulations and requirements
• The relationship between qualified state long-term care insurance partnership programs and other public and private coverage of long-term care services, including Medicaid
• Available long-term care services and providers
• Alternatives to the purchase of private long-term care insurance
• The effect of inflation on benefits and the importance of inflation protection
• Consumer suitability standards and guidelines

Training may not cover content that is specific to the insurer or company - for example, sales and marketing information, materials, or training.

If you have met substantially similar training requirements for long-term care insurance in another state, you will be considered to have satisfied the Oklahoma requirements.

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