CE Period: 24-month period (in accordance with licence renewal date)
Deadline: Commenced upon licensing
30 CE every two-year term. Hours of CE taken beyond the minimum requirement within any period of time may not be used to meet the CE requirement for subsequent periods.
FSRA does not approve, recommend or endorse specific courses, programs or providers. Each agent is required to keep accurate records of courses or programs taken for the current and immediately preceding licensing periods. He or she should obtain, from the course or program provider, a receipt or similar document verifying attendance or completion of a course or program of a specified number of hours.
Records must include the:
- name of the course provider;
- name of the course/program;
- course/program outline;
- date/duration of the course/program;
- final mark achieved in the course/program, if tests were held; and
- number of CE hours being claimed for meeting the CE requirement.
No agent can claim CE credit hours for a course/program that he/she was registered for but did not attend. Hours spent on courses that an agent fails also can not count for credit.
Education must relate to technical aspects of life insurance. Technical for this purpose includes legal, legislative and regulatory matters, fundamentals/principles of life insurance, financial planning, taxation, client needs analysis, proper use of life insurance products, rating/underwriting/claims, accounting and actuarial considerations, risk management principles, and provisions and differences in policy contracts.