P&CIllinoismedium

Of the 24 continuing education hours an Illinois resident producer must complete each biennium under 215 ILCS 5/500-100, how many hours must specifically address ethics?

Q: Of the 24 continuing education hours an Illinois resident producer must complete each biennium under 215 ILCS 5/500-100, how many hours must specifically address ethics?

3 hours of ethics — 215 ILCS 5/500-100 dictates a 24-hour biennial CE requirement of which 3 hours must be on ethics. The ethics component cannot be satisfied by general product or sales courses. IDOI-approved ethics courses cover topics like fiduciary handling of premiums, fair dealing, anti-rebating, and unfair claims practices. The remaining 21 hours may cover line-specific content, regulatory updates, or other IDOI-approved subjects. Carry-over of excess CE hours into the next biennium is generally not permitted.

3 hours of ethics

B1 hour of ethics

C6 hours of ethics

DNo specific ethics carve-out; any CE topic counts

Why this is the answer

215 ILCS 5/500-100 dictates a 24-hour biennial CE requirement of which 3 hours must be on ethics. The ethics component cannot be satisfied by general product or sales courses. IDOI-approved ethics courses cover topics like fiduciary handling of premiums, fair dealing, anti-rebating, and unfair claims practices. The remaining 21 hours may cover line-specific content, regulatory updates, or other IDOI-approved subjects. Carry-over of excess CE hours into the next biennium is generally not permitted.

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