New CA Life CE Requirement:

[DHK]

I am actually ALL FOR THIS!! With the ongoing misrepresentations of IUL and other policies, I think this is a good step in the right direction.

Now the notice says it's for agents licensed after January 1st, 2024... but I believe it's for agents who continue to be licensed and renew their licenses after January 1st, 2024. Not 100% certain, but that would sound better to me.

 

[WinoBlues]

Advantage of age 70+ and >30 years doing it.
No more CEs.

Although, any 45 year olds wanta trade, let me know. I'm game.

 

[DHK]

CORRECTION: it's for every CA life licensed agent who sells cash value life insurance:

https://www.insurance.ca.gov/0200-i...-Life-Insurance-Policies-Four-Hour-Course.pdf

 

[DHK]

Those who sell Variable life policies also have an additional 2 hour CE requirement. (I don't believe this includes variable annuities as there is already an existing initial 8-hour CE and ongoing 4-hour CE requirement for annuity sales.)

https://www.insurance.ca.gov/0200-industry/0100-education-provider/upload/Notice-2025-Variable-Life-Insurance-Policies-Two-Hour-Course-Curriculum-3.pdf

 

[walthamny]

I wonder if this also applies for non resident licences. Usually if you follow your home state CE, you are exempt from CA requirements

 

[DHK]

I wonder if this also applies for non resident licences. Usually if you follow your home state CE, you are exempt from CA requirements

If it's following the annuity CE precedent, I don't think you can be exempt from it when doing a policy sale for a California resident.

 

[Allen Trent]

If it's following the annuity CE precedent, I don't think you can be exempt from it when doing a policy sale for a California resident.

So, carriers will have to police it like Annuity Best Interest, LTC CE, anti money laundering, etc. Otherwise, I cant imagine the State knows what agents & carriers sell cash value life like WL, UL, IUL, ROP, etc

 

[DHK]

What's kind of funny is that California only requires 24 hours worth of CE credits every two years. Add up all the CE requirements and it's well over 24 hours.

 

[DHK]

I always knock-out my CE right after my license renews. Geez, that's a lot of required CE. (Okay, I did the 16 hour Ethics course because it's easy and included in an unlimited CE package with Sandi Kruise and that other 8 hour life policies CE was included with the CA 4-hour life policies course.)

If I was licensed and selling variable life, there'd be another two hour 2025 course on top of it and I'm pretty sure I still need a 2025 "best interest" annuity CE course that would replace the current 4-hour CE requirement.