Key Takeaways
- Vermont requires 24 hours of continuing education every 2 years
- At least 3 hours must be in ethics/consumer protection courses
- Prometric is the DFR's CE vendor (partnered with Sircon)
- Licenses expire on the last day of birth month every 2 years
- Annuity Best Interest course credits count toward CE requirement
License Maintenance and Continuing Education
Vermont insurance licenses require ongoing maintenance through continuing education and timely renewal.
License Terms and Renewal
Biennial Renewal System
| Item | Requirement |
|---|---|
| License Term | 2 years (biennial) |
| Renewal Date | Last day of birth month, every 2 years |
| Renewal Method | Through NIPR |
| Grace Period | Cannot sell during lapse |
Renewal Schedule
- Licenses expire on the last day of the licensee's birth month
- Renewals due every 2 years
- Apply for renewal before expiration date
Continuing Education Requirements
Vermont requires 24 hours of continuing education (CE) every 2 years:
CE Breakdown
| Requirement | Hours |
|---|---|
| Total CE Hours | 24 |
| Ethics/Consumer Protection (required) | 3 minimum |
| General/Electives | 21 |
CE Tracking
Prometric is the DFR's Continuing Education vendor:
- Prometric has partnered with Sircon for online CE tracking
- Check your CE credits online through Sircon
- Obtain information on approved courses
- Providers report completions electronically
Exam Tip: Vermont requires 3 hours of ethics/consumer protection CE. The Annuity Best Interest course credits count toward your CE requirement.
Special Training Requirements
Annuity Best Interest Training
| Requirement | Detail |
|---|---|
| Hours | 4 hours |
| Frequency | One-time requirement |
| When Required | Before selling annuity products |
| CE Credit | Counts toward CE requirement |
Long-Term Care (LTC) Training
| Requirement | Detail |
|---|---|
| Initial Training | 8 hours |
| Frequency | One-time before selling LTC products |
Renewal Process
Steps to Renew
- Complete all CE before renewal deadline
- Verify CE completion through Sircon/Prometric
- Submit renewal through NIPR
- Pay renewal fee
CE Reporting
- Providers report completions electronically to Prometric/Sircon
- Check your transcript regularly
- Ensure all credits are posted before renewal deadline
- Contact provider if credits are missing
Adjusters CE Requirements
Vermont has specific CE requirements for adjusters:
| Adjuster Type | Total Hours | Ethics Hours |
|---|---|---|
| Public Adjuster | 8 hours | Included |
| Workers' Comp Adjuster | 24 hours | 3 hours |
Note: New adjuster CE requirements may become effective for renewals. All Vermont-licensed adjusters will be notified when new courses become available.
Non-Resident Producer Rules
CE Reciprocity
| Situation | Vermont Requirement |
|---|---|
| Non-Resident with Home State CE | Generally satisfies Vermont CE |
| Non-Resident without Reciprocity | Must complete Vermont CE requirements |
Vermont follows NAIC reciprocity guidelines for non-resident CE.
Disciplinary Actions
The DFR can take disciplinary action for violations:
Grounds for Discipline
- Violating insurance laws or regulations
- Fraudulent or dishonest practices
- Misappropriation of funds
- Misrepresentation to clients
- Failure to maintain CE requirements
- Criminal conviction
- License violations in other states
- Failing to meet competency, trustworthiness, or financial responsibility standards
Types of Discipline
| Action | Description |
|---|---|
| Warning | Minor first offense |
| Fine | Monetary penalty |
| Probation | License continues with conditions |
| Suspension | Temporary loss of license |
| Revocation | Permanent loss of license |
Reporting Requirements
Required Notifications
Producers must notify the DFR of:
- Change of address (business or residence)
- Change of name
- Administrative actions by other states
- Criminal charges or convictions
Contact Information
- Email: dfr.producerlicensing@vermont.gov
- Phone: (802) 828-3303
- Website: dfr.vermont.gov
How many hours of continuing education does Vermont require for license renewal?
How many hours of ethics/consumer protection CE are required in Vermont?
Which company is Vermont's CE vendor?
Does the Annuity Best Interest course count toward Vermont CE requirements?