|
|  |
 Printer Friendly
 Text Version  Email Page
| Insurance Prelicensing Education Exclusions & Waivers |
|
Section 1204(2) of the
Insurance Code, being MCLA 500.1204(2), allows for insurance licensing candidates
to waive prelicensing education (PE) and under what conditions.
|
| |
| |
 |
If
I hold a professional designation in insurance, am I eligible
for a waiver of prelicensing education? |
 |
Yes.
A waiver of Life and/or Health prelicensing education requirement
may be granted for individuals holding the CLU or ChFC designations.
The Property
and/or Casualty prelicensing education requirement may be waived
for individuals holding the CPCU, AAI, or CIC designations. |
| |
|
|
What
proof is required to obtain the waiver of prelicensing education? |
|
A
copy of the certificate or a letter confirming the certificate
along with a letter requesting the waiver. |
| |
|
|
Can I
request a waiver if I have a college degree with a concentration
in insurance? |
|
Yes.
Individuals must possess a concentration of credit insurance from
an accredited college. A concentration of college credit
is considered to be 21 term credits or 17 semester credit hours
of insurance course work.
--A concentration in Risk Management or Property or Casualty
course work is required to waive the Property and/or Casualty
prelicensing education requirement.
--A concentration in Life and Health or related Estate Planning
course work is required to waive the Life and/or Health prelicensing
education requirement. |
| |
|
|
What
proof is required to waive prelicensing education with college
credits? |
|
Copies
of the college transcript and course descriptions are required
along with a letter requesting the waiver. |
| |
|
|
From
whom do I request the waiver of prelicensing education? |
|
Send
all required proofs, a letter and a self-addressed, stamped
envelope to
OFIR
Prelicensing
Education Waiver Request
PO
Box 30220
Lansing,
MI 48909
|
| |
|
|
Once
I receive the waiver do I need to take it to the test center on
exam day? |
|
Yes.
This waiver may be substituted for the prelicensing certificate
at the test centers. |
| |
|
|
|
| |
|
Who is excluded from State Approved Prelicensing Education? |
|
Candidates who are obtaining qualifications for the Limited Lines P/C, Title Insurance, Adjusters, Counselors, or Surplus Lines are not required to take prelicensing education.
Candidates who are obtaining the qualification for limited line credit insurance are not required to complete a state approved prelicensing education program. However, these candidates must receive a program of instruction from their sponsoring insurer. |
| |
|
|
If I am excluded how do I obtain study materials for the respective exam? |
|
Our office has entered into a partnership with Prometric to administer insurance licensing examinations. In addition to administering the respective exams, Prometric also publishes the content outlines for all of the licensing exams on its website at www.prometric.com/Michigan. If you do not have access to the Internet, please contact Prometric at 800-742-8736.
|
| |
|
|
|
|
|
|
