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NEW
MEXICO Continuing Education (CE) Requirements
This information is intended to provide answers to commonly
asked questions by insurance agents. It is not intended to
replace detailed information found in your state’s statutes
and regulations. Though we have made reasonable efforts to
ensure that the information given is reliable and current,
we cannot guarantee that it is. For more information please
contact your state insurance department. See contact information
below.
Hours
Required
• 15
hours annually
• 7 hours annually for title guaranty licensees
Compliance
Date
9/30,
annually
Approved
Course Delivery Methods
• Written
and Online self-study courses (passing grade of 70% required
on final exam)
• Interactive Online
• Classroom
• Seminar
Self-study
courses are only allowed for individuals living in areas where
classes are not offered or where class attendance would impose
a hardship.
Exam
Requirements
Self-study
final exams do not have any monitor requirements.
Course
Subject Requirements
• Producers
must take courses within the line of license authority that they
have.
• 1 hour of ethics must be included.
Carryover
Credits
Excess
credit hours may not be carried over to the next reporting period.
Course
Repetition
Credit
will not be given for a course that is repeated within a three-year
period.
Exemptions
• Individuals
who have been continuously licensed for 25 years or more. (They
must file a notarized statement outlining their 25 years of experieance.)
• Newly licensed individuals are exempt for the reporting period in which
the license is issued.
• Nonresident agents if the have completed the CE requirements of their
home state.
• Fraternal Agents
Credit
Reporting
Cape
will issue a Certificate of Completion within 10 days of course
completion. Agents shall file a verified statement with the Superintendent
indicating that they have completed the required credits of approved
courses and include the required fee.
Contact
Information:
If
you have any questions regarding renewal or credits, please contact:
New
Mexico
Licensing Division
P.O. Drawer 1269
Sante Fe, NM 87504-1269
(505) 827-4601
http://www.nmprc.state.nm.us/insurance/inshm.htm
Contact
Cape:
Cape School, Inc.
P.O. Box 169
Buckingham, VA 23921
Phone:
800-729-7363
Fax: 888-303-1828
Or email us at the left
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