How to Renew a Wisconsin Insurance License

A.D. Banker Provider #: 20622

1. Review the State Requirements

In order to renew your insurance license, you must complete the required continuing education hours for the lines of insurance that you are licensed in. All of the hours must be completed and reported prior to your license renewal date to avoid a lapse in your license.

GENERAL REQUIREMENTS:

Total Hours

24 hours biennially for Intermediaries

8 hours biennally for Navigators (in Health specific topics)

Compliance Renewal Date

Renewal date is the last day of the licensee's birth month, biennially. Licensees born in odd-numbered years renew in odd-numbered years, and licensees born in even-numbered years renew in even numbered years.

You may also need to take specific courses or earn specific credit types to renew your license. These course completions will count toward the total hour requirement.

LINE-SPECIFIC REQUIREMENTS:

CE Course Category Restrictions - Licensees may take courses in any line of authority.

For All Licenses:

Ethics
3 hrs - Intermediaries must complete 3 hrs of Ethics as part of the total requirement.

For Life & Health Intermediaries:

Annuity Best Interest Training

4 hrs - Intermediaries licensed on or after October 1, 2022, must complete a one-time, 4-Hour Annuity Best Interest Certification Training course before selling, soliciting, or negotiating annuity business in Wisconsin.

A.D. Banker & Company offers this training online or via live webinar. 

NAIC annuity best interest training completed in any other state reciprocates with the Wisconsin requirement.

Long-Term Care Partnership
8/4 hrs - Intermediaries must complete an initial 8-hour Long-Term Care (LTC) Certification Training prior to selling, soliciting, or negotiating Long-Term Care products/policies. After completing the initial requirement, intermediaries must complete a 4-hour ongoing LTC training, due every renewal thereafter. If the LTC training is completed in another state, a 2-hr Wisconsin Medicaid/partnership course will be required for the initial training, and a 1-hr Wisconsin Medicaid/partnership course will be required for ongoing trainings.

For Life Settlement Brokers:

8/4 hrs - Individuals applying for a Life Settlement Broker license must complete 8 hours of initial training in Life Settlements, then they must complete 2 hours of ongoing training every year for a total of 4 hours every 24 months.

For Property & Casualty Intermediaries:

Flood
3 hrs - Property/Casualty and Personal Lines intermediaries must complete a one-time 3-hour course on NFIP Flood Insurance Certification Training prior to selling flood insurance policies.

There are also additional rules about how the course hours can be applied.

CARRYOVER HOURS:

Carryover hours are not allowed.

COURSE REPETITION:

Courses may not be taken more than once in a reporting period.

If you meet any of criteria below, you may be exempt from the continuing education requirements.

EXEMPTIONS:

• Non-residents are exempt if agent completes home state CE requirement
• Newly licensed individuals are exempt for the reporting period in which the initial license is issued if they completed the prelicense education requirement during that same reporting period (exemption does not apply to agents adding a line to an existing license)
• Individuals who hold an exclusive limited line insurance license for credit, managing general agent or title insurance
• Individuals licensed only for a line of insurance that is no longer offered, such as windstorm, fidelity, steamboiler, credit life, mortgage, hail, town mutual nonproperty and/or credit disability
• Individuals who become seriously ill or disabled or who serve on active duty outside WI may request a waiver of the CE requirement for a specific reporting period.  Approvals of waivers will be at the discretion of the insurance commissioner and must be received at least 90 days prior of the reporting period

2. Register for and Complete Courses

Once you have determined the renewal requirements for your license, you can register for courses. Each course has an associated credit type; when registering for courses, select courses with credit types that will help to fulfill the renewal requirements for your license.

A.D. Banker offers webinar, online, and self study courses for Wisconsin. You can register for courses under the Continuing Education menu at www.adbanker.com.

You must fulfill the course requirements for each of the courses to have them reported.

• Classroom and webinar course completions are based off of attendance and participation and do not require a completion exam. You must be present for the full duration of the course and be active and attentive throughout to receive credit.
• Online and Self Study courses are self-paced. You must review the course material and pass the Certification Exam at the end to receive credit.*

MONITOR REQUIREMENTS:

*Online and self study exams are required to be monitored by a disinterested third party (a person with no family or financial relationship).

REPORTING METHOD:

Once a course has been completed, the completion must be reported to the state. A.D. Banker will report the course completions to Sircon.

3. File a Renewal Application

Once you have satisfied the renewal requirements for your license, you can file a renewal application at www.sircon.com/adbanker.

A.D. Banker & Company provides licensing information as a courtesy to our students. While reasonable attempts have been made to ensure the accuracy of this information, licensees are ultimately responsible for ensuring that they are in compliance with the requirements set forth by their state licensing entity. A.D. Banker & Company offers no guarantee of the accuracy of this information and will not be held liable in case of noncompliance with the license requirements.