Volume 5, No. 1 - January 2016

Education Central

- Things to know about your continuing education

Extensions

Have you had a disabling accident, illness, or had a national emergency declared in your area that prevented you from completing your Continuing Education? Things happen that make it impossible to complete CE due to something beyond your control. This is when you may need an “extension” of time, to complete your Continuing Education.

The Department of Financial Services may grant a 90-day extension of time to allow you to complete your current continuing education requirement. An extension may be issued upon a showing of good cause.

“Good cause” means an incident or occurrence which is beyond the control of the applicant and which prevents the completion of their Continuing Education requirements on time. Examples of good cause include: Disabling accident, illness, or declared national emergency. In other words, if you are unable to work or perform your duties as a licensee, you may qualify.

Requests for extensions must be submitted to the Department on required form DFS -H2-460 at least 30 days prior to the applicable compliance date and must include supporting documentation of good cause. Extensions are not granted just because you have not had the time or because you forgot.

A maximum of four (4) 90-day extensions may be granted for each compliance period if acceptable documentation is received by the Department.

Licensees on active duty may have difficulty completing their continuing education requirements. Qualifying licensees on active military duty have the opportunity to request a waiver of their CE requirement for an applicable compliance cycle by submitting a written request to: Education@MyFloridaCFO.com. Supporting documentation such as written orders must be attached. The Department recommends submissions be made a minimum of 30 days before the compliance due date to assure proper processing time.

For more information, please review read Rule 69B-228.230, F.A.C., Extensions.

Receiving CE Credit

Education is a continuing process. Many designations, degrees and livelihoods require ongoing continued education. However, not all continuing education meets the same requirements. For example, a course can be approved for designation credit and not meet Florida’s licensing continuing education (CE) guidelines. Have you ever wondered if a course you have completed will also count towards your Florida CE requirements?

To receive CE credit, a course must be offered by a Florida approved provider and the course must be approved for CE credit in the state.

How can you tell if a course meets these guidelines?

Course Advertisements: (Rule 69B-228.150, F.A.C.)
• The advertisement must display the name and provider number of the course provider
• The advertisement should include the statement: “This course has been approved by the Florida Department of Financial Services for insurance continuing education credit.”
• The number of CE hours the course has been approved for will be displayed on the advertisement

Online Search: Our online search can also help you easily find courses approved by the Department. To use the online search, follow the steps below:
Go to our website at www.MyFloridaCFO.com/Division/Agents.
Click on MyProfile on the left panel and log in to your account.
Once you are in your MyProfile inbox, click on Locate at the top left. Then click on Future Course Offerings.
Select the Course Authority for the type of license held or course you need to take.

You can also make other choices, like Study Method and Location, to narrow your search results.
If you click on Perform an Advanced Search, you will have additional options to narrow your search results, such as Course Date and Course Level.

You will also be able to find more approved CE courses after logging in to your MyProfile account as the public search limits the results to the first 100 course offerings.

Course Provider: A course provider will know if a course is approved for Florida CE credit. It is the provider’s responsibility to report all completed hours to the Department on a certified roster within 21 days of course completion. You will receive a confirmation email each time you are reported on a roster.

We wish you well on your lifelong pursuit of continuing education.

Crossword Puzzle

http://puzzlemaker.discoveryeducation.com/puzzles/25847xiuup.png

Across

4. ­A _______ rider is a provision of an insurance policy that is purchased separately from the basic policy and that provides additional benefits at additional cost.

5. A _______is the entity that is required to maintain records of all acknowledgements from attendees verifying their identity and their participation in a continuing education course.

6. _______ is an adjective that describes someone that is obligated to operate according to high and strict standards of conduct in performing their work.

Down

1. _______ are retirement products that may be used to help increase savings, protect savings, or generate a stream of income.

2. _______ is the act of signing and accepting liability under an insurance policy to guarantee payment in case a loss or damage occurs.

3. _______is the state or quality of being dedicated to a cause, activity, etc.

4. _______and Casualty insurance helps protect the stuff you own such as your home or car.

**Puzzle Answer Key**

Are You Compliant with Your CE or Not?

To be CE compliant requires more than just taking CE courses. Below are a few suggestions for remaining CE compliant:

  • CE requirements change. You should regularly review your CE status through your MyProfile account. Your total hours have specific allocation requirements that must be met. Be sure to take all the right categories of CE courses.
  • Check for late hours. Hours taken after your due date will still post on your compliance evaluation screen, but they will be noted as "Late". Though your hours requirement may have been met, late completion of your continuing education requirement will result in penalties.
  • Check prior evaluation periods. Always check previous compliance periods to make sure you are not delinquent for a prior period. Be sure to click on VIEW ENFORCEMENT NOTICE just below the Not Compliant text to check for any outstanding fines.
  • Check your transcript. The same course cannot be taken with the same provider within a three-year period and receive credit. This is noted on your transcript as a duplicate course. You will need to take a different course to meet your CE requirement.

We wish you success in completing your hours to remain knowledgeable in an ever-changing insurance market. And remember, your CE compliance date is your DUE date, not your DO date.

Because many factors may affect your continuing education requirement (e.g. licenses held, number of years licensed, etc.), we encourage you to periodically check your MyProfile account to determine your individual continuing education compliance requirements and status. You will also be able to find more approved CE courses after logging in to your MyProfile account versus the public search option, which limits the results to the first 100 course offerings.