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Inicio del Departamento | Inicio de Agentes y Agencias | Inicio de Insurance Insights

  Vol. 8, No. 6 - December 2019

Central de Educación


Knowing the Terms

Acronyms and other types of encrypted forms of communication appear to be all around us. OMG (oh my gosh), if one doesn't keep up with the constant revolution of acronyms and hashtags one would be lost completely. For example, do you know what "TLA" stands for? Here's a hint - it's a three letter acronym. That probably wasn't much help. We don't want it to be hard for you to figure out key terms when you review your continuing education requirements and transcript. Below are terms you need to know:

'PL' stands for pre-licensing. A PL course is one that must be completed before getting an agent or adjuster license.

'CE' stands for continuing education. These are course requirements after getting an agent or adjuster license.

'CE Cycle' is a two-year period for completing required continuing education courses.

'Due Date' is the final date for completing your continuing education requirement. It falls on the last day of your birth month every two years. By the way, you do not have to wait until this date to start doing your CE. Give yourself more time.

'Not in Compliance for Continuing Education' posted in your Mi Perfil account means you have not completed all your CE requirements up to date.

'Late' posted on your compliance evaluation page means you completed CE credits; however, you did not complete the credits before your CE due date.

'Carry Over' posted on your compliance evaluation page means you have earned credits in excess of your previous CE cycle requirements that are being applied towards a later compliance cycle.

'5-hour update' is a biennial requirement for the majority of license types requiring continuing education. It must be specific to a license type held by the licensee. These courses usually have an associated course authority beginning with "CE-5". Click aquí to read an article about course authorities.

'Elective' is a CE requirement you can satisfy by completing any continuing education course. However, if you are a public adjuster, all courses taken must be specific to public adjusting.

We hope these key terms will help you understand continuing education information on our website and in your MyProfile account. Now, back to "TLA". Have you figured out what that stands for? It is a Three Letter Acronym.


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 shrug

CE requirements change. You should regularly review your CE status through your Mi Perfil 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 two-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 Mi Perfil 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 Mi Perfil account versus the public search option, which limits the results to the first 100 course offerings.


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