Key Takeaways
- Nevada requires 30 hours of continuing education every 3-year license term (triennial)
- At least 3 hours must be in ethics courses
- Licenses renew on the first day of birth month, every 3 years
- Duplicate courses cannot be repeated within the same renewal period
- CE credits cannot be carried over to the next renewal period
License Maintenance and Continuing Education
Nevada insurance licenses require ongoing maintenance through continuing education and timely renewal.
License Terms and Renewal
Triennial (3-Year) Renewal System
| Item | Requirement |
|---|---|
| License Term | 3 years (triennial) |
| Renewal Date | First day of birth month, every 3 years |
| Renewal Method | Through NIPR |
| Grace Period | Cannot sell during lapse |
Important: Nevada uses a 3-year (triennial) renewal cycle, unlike most states that use 2-year cycles.
Continuing Education Requirements
Nevada requires 30 hours of continuing education (CE) every 3-year license term:
CE Breakdown
| Requirement | Hours |
|---|---|
| Total CE Hours | 30 |
| Ethics (required) | 3 minimum |
| General/Electives | 27 |
Important CE Rules
- 30 hours required every 3-year license term
- Duplicate courses cannot be repeated in same renewal period
- Excess credits cannot be carried over to next renewal period
- Must complete CE before renewal deadline
Exam Tip: Nevada is one of the few states with a 3-year renewal cycle instead of 2-year. Make sure you complete all 30 hours before your triennial renewal date.
Special Training Requirements
Annuity Best Interest Training
| Requirement | Detail |
|---|---|
| Hours | 4 hours |
| Frequency | One-time requirement |
| Effective Date | November 15, 2024 |
| When Required | Before selling annuity products |
| NAIC Standard | Best Interest revisions to Suitability Model |
Long-Term Care Training
| Training Type | Hours | Frequency |
|---|---|---|
| Initial Training | 8 hours | One-time before selling LTC |
| Ongoing Training | 4 hours | Every 24-month period following initial training |
Flood Insurance Training (P&C Licensees)
| Requirement | Detail |
|---|---|
| Hours | 3 hours (one-time) |
| When Required | By end of first renewal period |
| Content | National Flood Insurance Program (NFIP) |
| CE Credit | Counts toward 30-hour CE requirement |
CE Exemptions
Resident producers may be exempt from CE if:
| Exemption | Criteria |
|---|---|
| Limited License | Hold only limited license type |
| 20+ Years Experience | Continuous experience as primary income source |
| Professional Designation | CLU, CPCU, CIC, ChFC, or CFP designation |
Renewal Process
Steps to Renew
- Complete 30 hours CE (including 3 ethics) before deadline
- Verify CE credits are posted to your record
- Submit renewal through NIPR
- Pay renewal fee
CE Reporting
- Approved providers report completions electronically to DOI
- Check your transcript regularly
- Ensure all credits are posted before renewal deadline
- Contact provider if credits are missing
Non-Resident Producer Rules
CE Reciprocity
| Situation | Nevada Requirement |
|---|---|
| Non-Resident with Home State CE | Generally satisfies NV CE |
| Non-Resident License | Based on home state license |
Non-resident producers who maintain their home state license in good standing generally satisfy Nevada CE requirements.
Disciplinary Actions
The DOI 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 complete required CE
- Criminal conviction
- License violations in other states
Types of Discipline and Penalties
| Action | Description | Penalty Amount |
|---|---|---|
| Letter of Admonition | Written warning for minor offense | None |
| Fine | Monetary penalty per violation | Up to $10,000 per violation |
| Probation | License continues with conditions | Varies |
| Suspension | Temporary loss of license | Up to 12 months |
| Revocation | Permanent loss of license | Permanent |
| Restitution | Repay harmed consumers | Full amount |
Administrative Hearing Process
- Notice: DOI issues notice of proposed action
- Response: Producer has 20 days to request hearing
- Hearing: Formal hearing before hearing officer
- Decision: Written decision issued
- Appeal: May appeal to district court within 30 days
Exam Tip: Nevada can impose fines up to $10,000 per violation. Multiple violations can result in significant total penalties plus license action.
Reporting Requirements
Required Notifications
Producers must notify the DOI of:
- Change of business address
- Change of residence address
- Change of name
- Administrative actions by other states
- Criminal charges or convictions
Contact Information
- Carson City: (775) 687-0700
- Las Vegas: (702) 486-4009
- Website: doi.nv.gov
How many hours of continuing education does Nevada require for license renewal?
How many hours of ethics CE are required in Nevada?
Can unused CE credits be carried over to the next renewal period in Nevada?
What is the license renewal cycle in Nevada?