Michigan SB0133 allows insurance producers to carry over unused continuing education credits to the next licensing period.
Michigan SB0133 amends the insurance producer continuing education requirements. It allows insurance producers to carry over up to 12 unused hours of continuing education credits to the next 2-year licensing period. The bill also allows for a 90-day grace period for producers to meet their continuing education requirements if they are members in good standing of a professional insurance association. The director of the Department of Insurance and Financial Services can waive the continuing education requirements for producers unable to comply due to military service or severe hardship.
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