Key Takeaways
- Minnesota insurance licenses must be renewed every 2 years (biennial cycle)
- Renewal requires 24 hours of continuing education, including 2 hours of ethics
- CE must be completed before license expiration
- No minimum CE required for first license period (until first renewal)
- Address and name changes must be reported within 30 days
License Maintenance and Continuing Education
Minnesota 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) |
| License Fee | $50 + $20 technology fee |
| CE Completion | Must complete before expiration |
| First License Period | No CE required |
Continuing Education Requirements
Minnesota requires 24 hours of CE every 2 years:
CE Breakdown
| Requirement | Hours |
|---|---|
| Total CE Hours | 24 |
| Ethics (required) | 2 |
| Electives | 22 |
Important CE Notes
- No CE required during the first license period (until first renewal)
- After first renewal: 24 hours required every 2-year period
- CE must be completed BEFORE license expiration
- Ethics hours: Minnesota requires 2 hours (less than many states)
Exam Tip: Minnesota requires only 2 hours of ethics CE, which is less than many other states that require 3 hours. However, you still need 24 total hours.
CE Course Requirements
- Must be completed at Department-approved providers
- Online and classroom options available
- CE must be completed BEFORE license expiration
- CE credits reported electronically by providers
Renewal Process
Steps to Renew
- Complete 24 hours of CE (including 2 hours ethics)
- Log into NIPR at nipr.com or Sircon
- Verify CE completion is recorded
- Submit renewal application
- Pay renewal fee ($50 + $20 technology fee)
Renewal Timeline
- Complete CE before license expiration
- Renew every 2 years
- Apply through NIPR or Sircon
Reporting Requirements
Minnesota producers must notify the Department of changes within 30 days:
Required Notifications
- Change of business address
- Change of residence address
- Change of name
- Administrative actions by other states
- Criminal charges or convictions
How to Report
- Update through NIPR online portal
- Or submit in writing to Department
- Failure to report is a violation
Non-Resident Licensing
Minnesota has reciprocity with most states:
- Non-residents with active home state license can apply
- Same lines of authority as home state
- No exam required if home state license is current
- No pre-license education required
- Must maintain home state license in good standing
- Apply through NIPR
Disciplinary Actions
The Department can take disciplinary action against licensees 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
- Failure to report required information
- Criminal conviction
Types of Discipline
| Action | Description |
|---|---|
| Warning | Minor first offense |
| Probation | License continues with conditions |
| Fine | Monetary penalty |
| Suspension | Temporary loss of license |
| Revocation | Permanent loss of license |
License Status Types
| Status | Meaning |
|---|---|
| Active | License current and in good standing |
| Inactive | Not actively selling (voluntary) |
| Expired | License term ended, not renewed |
| Suspended | Temporary disciplinary action |
| Revoked | License permanently cancelled |
| Cancelled | Voluntarily surrendered |
How many hours of continuing education does Minnesota require for license renewal?
How many hours of ethics CE are required for Minnesota license renewal?
How often must Minnesota insurance licenses be renewed?
Is CE required during the first Minnesota license period?