Section .0700 ‑ Prelicensing Education

Link to law: http://reports.oah.state.nc.us/ncac/title 11 - insurance/chapter 06 - agent services division/subchapter a/11 ncac 06a .0701.html
Published: 2015

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SECTION .0700 ‑ PRELICENSING EDUCATION

 

11 NCAC 06A .0701          GENERAL REQUIREMENTS

(a)  This Section applies to individuals attempting to

obtain a resident license to solicit property, casualty, personal lines, life,

accident and health, or sickness insurance in North Carolina except as

specifically exempted by Paragraphs (b) and (c) of this Rule.

(b)  Individuals who are exempt from the requirement for a

written examination pursuant to G.S. 58-33-35 are exempt from prelicensing

education requirements.

(c)  Individuals holding one or more of the following

insurance designations are exempt from prelicensing education requirements:

(1)           Accident and health or sickness:

(A)          Registered Health Underwriter (RHU);

(B)          Certified Employee Benefits Specialist (CEBS);

(C)          Registered Employee Benefits Consultant (REBC); and

(D)          Health Insurance Associate (HIA).

(2)           Life:

(A)          Certified Insurance Counselor (CIC);

(B)          Certified Employee Benefits Specialist (CEBS); and

(C)          Certified Financial Planner (CFP).

(3)           Property:

(A)          Accredited Advisor in Insurance (AAI);

(B)          Associate in Risk Management (ARM); and

(C)          Certified Insurance Counselor (CIC).

(4)           Casualty:

(A)          Accredited Advisor in Insurance (AAI);

(B)          Associate in Risk Management (ARM); and

(C)          Certified Insurance Counselor (CIC).

(5)           Personal lines:

(A)          Accredited Advisor in Insurance (AAI);

(B)          Associate in Risk Management (ARM); and

(C)          Certified Insurance Counselor (CIC).

(6)           Property, casualty, personal lines, life,

accident and health or sickness:

(A)          Holder of degree in insurance (associate or

bachelors);

(B)          An individual whose license in another state or

jurisdiction for the same kind of insurance as that for which applied has been

cancelled within 60 days of the Division's receipt of the letter of clearance

and the individual's request for waiver of prelicensing education; and

(C)          An individual who is licensed in another state or

jurisdiction for the same kind of insurance as that for which applied.

(d)  If an applicant exempted from prelicensing education

under the provisions of Paragraph (c) of this Rule fails the examination, the

applicant must successfully meet North Carolina's mandatory prelicensing

education requirement prior to retaking the examination.

(e)  In this Section, unless otherwise noted the following

definitions apply:

(1)           "Classroom School" means an

entity that provides prelicensing education sponsored by a company, agency,

association or educational institution by an instructor utilizing a teaching

curriculum based on the outline.

(2)           "Correspondence Course" means

home, self, individual, Internet or correspondence study utilizing programmed

text instructions.

(3)           "Correspondence School" means an

entity that provides prelicensing education sponsored by a company, agency,

association or educational institution through completion of a correspondence

course that has been approved by the Commissioner, with students individually

supervised by an approved instructor.

(4)           "Instructional Hour" means a 50‑minute

hour.

(5)           "Instructor" means an individual

who meets the qualifications required by Rule .0705 of this Section: 

(A)          to instruct in a classroom school, who is

responsible for preparation and presentation of lesson plans to assure that the

outline is taught to that school's students, and who prepares a final course

examination; and

(B)          in a correspondence school to assist and supervise

students in the completion of an approved correspondence or Internet course.

(6)           "Outline" means an

instructor/examination content outline prepared and published by the Department

in the "State of North Carolina Insurance Licensure Examination Candidate

Guide".

(7)           "Program Director" means the

individual associated with an approved classroom or correspondence school who

is responsible for the administration of that school according to Rule .0702(1)

of this Section.

 

History Note:        Authority G.S. 58‑2‑40; 58‑33‑30(d);

58‑33‑35; 58-33-132;

Eff. February 1, 1989;

Amended Eff. April 1, 1996; October 1, 1990;

Amended Eff. February 1, 2008.