Insurance licenses must be renewed periodically to ensure that insurance professionals maintain the necessary knowledge and skills to provide clients with appropriate advice and products. A key component of this process is meeting continuing education (CE) requirements, which are typically mandated every two years. CE ensures that insurance professionals stay current with industry trends and changes, thereby enhancing their professional knowledge and quality of service.
Each state has specific guidelines for earning CE credits, with the required number of hours varying depending on the license type and the state. Failure to complete the required CE hours by the deadline may result in fines and the inability to renew the license.
Additionally, each state has different requirements for licensing renewal costs. These may include fees based on the line of business, standard versus late renewal, appointment fees, and other miscellaneous approved fees.
Oklahoma agents may renew their license online by clicking HERE (https://www.statebasedsystems.com/solar/index.html)
36 O.S. § 1435.23 – Application for License, Fees, and Licenses – Revolving Fund – Bond – Qualifications for Issuance of License
- Insurance producer’s biennial license: $60.00
- Nonresident insurance producer’s biennial license: $100.00
- Insurance producer’s biennial license for sale or solicitation of variable insurance products: $60.00
36 O.S. § 1435.29 – Continuing Education
A.1. Each insurance producer, except for title producers, aircraft title producers, or any other producer exempt by rule, must complete a minimum of twenty-one (21) clock hours of continuing insurance education biennially. This education may include a written or oral examination.
- Licensees, except for title producers, aircraft title producers, or any other producer exempt by rule, must also complete three (3) clock hours of ethics coursework within the same period.
Note: Please contact the Oklahoma Department of Insurance for all requirements, as rules and regulations may change. You can access their website here.
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