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FAQs about the new NAIC/Partnership Training Requirements General questions 1. Do I need to take the new NAIC/Partnership Training if I do not plan on selling partnership policies? Most states require this new training for agents selling ANY LTC insurance. For a full state listing of requirements click here This is determined by each state’s Department of Insurance (DOI) and will be communicated as they release their specific regulations. Many states will reciprocate with other states in order to allow multi-state licensed agents to avoid having to complete this training in every state in which they are licensed. However, some states require state specific training.
For a full state listing of reciprocity click here 3. Will I be tested on each state’s partnership policy requirements? If so, will I have to pay for each state’s test separately? As a general rule you will not be tested on state specific material. Again, this is determined by each state’s DOI, but we anticipate that most states will recognize training taken in another state. Some states will require if you are a resident of that state you must take a course specific to that state (example: TN must take a TN approved course). 4. Will I need to submit certificates of completion to each carrier for each state in which I am appointed? This will depend on each carrier’s internal policy for certification completion. The carriers that support the CLTC Partnership Training program will be given access to all students completing the training in order to avoid a lengthy administration process. Also, as a member provider of ClearCert, all student’s certificates of completion will be maintained in one data base and accessible to member carriers and distributors for easy look up recognition.
5. Do I need to submit an ORIGINAL certificate of completion to each carrier that I represent or can I send a photocopy? Most carrier's will accept a copy of your certificate of completion. However, if your carrier requires an original copy, you have the option to order additional certificates at $10 each. To order a copy of your certificate, please contact Insurance Study at 866-339-3900.
6. What happens if I live in one of the states that require a separate license to sell LTC? Will this training be in addition to the initial licensing requirement? This will depend on your states regulations. For a full state listing of training requirements click here7. What happens if I submit business and have NOT completed the Partnership training?
Insurance carriers have the responsibility of making sure each producer has completed the required training prior to processing any submitted business. Most carriers will require the agent to be certified prior to taking an LTCi application.
8. In a case of split commissions, do all agents on the application need to meet the state’s training requirements?
Yes, any producer whose name is on the application and receiving any commissions will need to be properly trained and provide evidence of completion of this training to the carrier.
9. Will I be notified when my 4 hour Partnership recertification requirement is due?
Yes, all agents completing the 8 hour NAIC Partnership Training with CLTC will be notified in advance of the 4 hour recertification requirement for each state the agent is appointed.
On-Line Course questions1. How do I register for the on-line course?
To register for the on-line, “Flash Course” and exam, click here
2. Do I need to order any additional course materials to complete this course? No, all course material is available in a text or “flash” format. The exam is included in each tuition. In most cases the text version is not available if the “flash” version is hung. 3. How long is the exam and what format should I expect? 4. Will I need a proctor if I take the online exam?
Depending on the state, there may be a proctor requirement. This will be easily recognized when you access the state specific course and exam on the CLTC link to Insurance Study.
5. When do I receive my certificate of completion? <!--1. How do I find out what classes are available for this training? For a complete listing of our classroom courses click on the classroom tab.
This will take you to the list of our currently scheduled classes. NOTE: This list is updated daily and will change frequently as we continue to schedule classes. 2. How do I register for the class?
You can register on-line by clicking here
3. If I take the classroom course, do I need to take an exam? In most states an exam is not required if you attend a live class.
Exception: MN requires that you take a 30 question exam upon completion of the class. 4. When do I get my certificate of completion? |
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