New York Insurance License Renewal | StateRequirement

If you are approaching the renewal date of your new york insurance license, keep your license active by taking your new york insurance continuing education courses. (ce) before its expiration date.

This guide will give you all the information you need to ensure you meet the renewal requirements for any insurance license and certificate of insurance on time.

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Required continuing education (CE)

renewal cost

new york insurance continuing education

To keep your new york insurance license current with the state, you will need to renew your license by completing the new york insurance certification requirements prior to its expiration date.

in new york, insurance licenses expire every two years. the license is issued with an expiration date determined by the date of birth. if she was born in an even year, her license expires on her birthday in an even year. if you were born in an odd year, your license expires on your birthday in an odd year. your license will expire on your birthday, regardless of the length of the license period.

insurance continuing education courses in new york

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ce of insurance comes in many forms. Most people today choose to take a self-paced online course, but you can also complete your credit hours by attending an in-person class or even a scheduled online webinar.

course at your own pace

the most common method of continuing education today. These CE courses allow you to log in to an online platform at any time of the day to complete your credit hours. Most of these courses are a combination of video and text combined with a knowledge test at the end. some platforms even allow you to take the course from your phone, which could be useful if you’re short on computer time.

face-to-face class

This is how all continuing education courses began. Join your fellow insurance licensees for a live class taught by an industry professional. you may be able to find a “school” that provides all the credits required by your state in some full-day classes, or you may also be able to take a few shorter sessions to meet part of your requirements.

scheduled online webinar

This is essentially the same as an in-person class, except you don’t have to travel far from your home or office. You will be taught by an instructor who will deliver the lesson at a specific time. many webinars even allow you to interact with the instructor if you have specific questions.

new york insurance continuing education requirements

the new york department of financial services (dfs) requires all insurance producers and agents to complete their continuing education requirements by their due date. In New York, these requirements include:

• fifteen (15) total hours of new york insurance continuing education each renewal term, which is two (2) years
• at least one (1) hour of instruction on insurance law
• at least one (1) hour of instruction in ethics and professionalism
• at least one (1) hour of instruction on diversity, inclusion and elimination of bias
• at least one (1) hour of instruction on flood insurance if the licensee is licensed to sell one or more lines of property/casualty insurance
• at least three (3) hours of enhanced flood insurance instruction if the licensee sells flood insurance through the nfip (national flood insurance program)

once you have completed the insurance ce course, your ce course provider will send you a certificate of completion to the new york dfs. Be sure to keep a hard copy of your certificate for your records.

new york insurance license renewal

After you have completed the continuing education requirements, you can renew your New York insurance license to keep it active.

Follow the steps below to complete your new york insurance license renewal requirements before your expiration date.

Step 1: Complete the New York Insurance License Continuing Education

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Follow the steps above to complete the required 15 hours of CE.

step 2: apply for new york insurance license renewal

according to the new york dfs, you can renew your insurance license by logging in to alis myportal. Choose the account you signed up for during your new york insurance license application.

transaction fees may apply when using alis myportal.

Step 3: Pay the New York Insurance License Renewal Fee

the renewal fee is $80 per line of authority. there are no late renewal fees because new york does not allow renewals after the expiration date. See below for what to do if your insurance license expires in New York.

pay renewal fees through alis myportal by credit card.

once you complete the above steps before the expiration date, you will be able to renew your license in new york.

congratulations!

You have taken the necessary steps and now your license is good for another two years!

what happens if my insurance license expires in new york?

in new york, new york dfs will email you a renewal notice within 90 days before your license expires. If you do not renew your license on time, all appointments are automatically rescinded or cancelled. A citation is a record with a state insurance department that you are acting on behalf of an insurer or insurance company.

There is also no “grace period” for continuing education. CE credits must be completed within the license period immediately prior to the expiration date. Failure to meet ce requirements prevents you from renewing your insurance license.

new york enforces these rules regarding ce requirements and license renewals:

• If you have an expired license, you can request reinstatement by submitting a license renewal application.
• if your license expired less than two years ago, you must meet all ce requirements to relicense.
• If your license expired more than two years ago, you must apply for a new one.

Use alis myportal to reinstate your insurance license and pay applicable fees and penalties.

new york insurance license search

You can check the status of your new york insurance ce claims and your new york insurance license renewal using these resources:

• view your current accrued ce credits using the new york dfs alis myportal tool.
• check the status of your renewal through alis myportal or nipr.
• if you don’t know your insurance license number (national producer number or npn), you can find your name through the new york dfs insurance license search.

new york department of financial services contact information

mailing address:new york department of financial servicesone state streetnew york, ny 10004-1511

phone: (800) 342-3736

local calls can be made to: (212) 480-6400 or (518) 474-6600

See also : Travel Insurance 101: How Travel Insurance Works | Allianz Global Assistance

email: [email protected]

website: http://www.dfs.ny.gov/

new york insurance license renewal frequently asked questions

how often do i need to renew my new york insurance license?

In New York, the expiration date or renewal date is generally based on the requirement to complete continuing education (CE) hours every two years. you must renew before this date and meet your ce hours.

You can find out when you need to renew your insurance license on the front of the same license. the expiration date will be printed directly on the license. be sure to renew your insurance before this date.

how much does it cost to renew my new york insurance license?

new york charges a renewal fee of $80 + ce provider cost. Check out New York’s requirements for more information on the costs you can expect to renew your insurance license.

renewing your insurance license through the new york dfs alis myportal includes applicable transaction fees.

what are the continuing education requirements to renew my insurance license in new york?

You should check with the New York Department of Financial Services to determine how many hours you need and if there are any restrictions on what type of CE will be accepted.

Continuing education topics include insurance policies, ethics, insurance law, and more. Some topics apply to all insurance agents, such as claims and tax updates. other classes will be geared toward specific lines, such as property and casualty or life and health.

See above for more information on New York Insurance CE courses and requirements.

How do I document the completion of my continuing education courses?

Submission of course completion documentation to the state is typically the responsibility of the course provider. as a person who takes the course, you will not need to send documentation.

If you want to check your continuing education progress and make sure all completed courses are on your state file, you can use your state’s online system to look up licensing information, including continuing education completion.

what is npn for an insurance agent?

You will need your National Producer Number, or NPN, to renew your insurance license. This number is assigned to each individual who works in insurance when they are first licensed. If you’re not sure of your NPN, you can look it up on the National Registry of Insurance Producers using your license number or social security number.

The information on this page has been compiled from a multitude of sources and was last updated in August 2022.

the information on this site is not guaranteed or guaranteed to be correct, accurate or up-to-date. staterequirement and its members and affiliates are not responsible for any loss, monetary or otherwise. staterequirement is not affiliated with any state, government, or licensing agency. For more information, contact your state insurance authority.

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