New Jersey Insurance Continuing Education

Written by Helen Glenn Court
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New Jersey insurance continuing education requirements seem somewhat stiffer than average. You're required to earn 48 credits before applying for renewal of your insurance producer license. Licenses are valid in New Jersey, however, for four years. This means that you average 12 credits per year, which is in fact somewhat less than the national average of 15 per year.

Of the 48 credits to be earned from New Jersey insurance continuing education, six must be in ethics and insurance fraud. Twenty-four must be in the line or lines for which you as an insurance professional are licensed. If you pass an examination leading to an insurance designation, you earn 12 credits that can be used toward your license renewal.

As far as course offerings and approved education providers in New Jersey are concerned, you have a wide choice. This is in part because New Jersey is a participant in the 47-state reciprocal insurance education credit agreement. That is, your course catalog includes the approved continuing education courses offered by those 47 states. The choice is in part due to the more than 100 education providers within the state.

Prerequisites to New Jersey Insurance Continuing Education

Pre-licensing education requirements are set at 40 hours for life and health lines, 55 hours for property and casualty lines, 60 hours for title lines, 65 hours for personal insurance lines, and 95 hours for combined property and casualty lines. The fee for the licensing exam is $65. If you are a nonresident but hold a license to practice in New Jersey, you are not required to meet New Jersey insurance continuing education requirements. You must, however, meet those of your state of residence.

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