• Consumers


  • Producers/Agents


  • Companies


Continuing Education Terms


BIENNIAL REPORTING PERIOD

Timeframe in which required continuing education credits must be completed for the biennial renewal of a producer’s license, which is generally the 24-month time period ending on the date of license expiration. (EXAMPLE: A producer born in November of 1957 would generally have a reporting period of December 1, 2007, through November 30, 2009.)

COURSE PROVIDER

An entity that has been approved by the Alabama Department of Insurance and maintains the annual online renewal to offer education courses to licensees who are required to earn continuing education credits for the renewal of their insurance license as required by this state.

CREDIT HOUR

A unit of measure of at least fifty (50) minutes of participation in an approved classroom, seminar, online course, or self-study course approved by the department.

EXEMPTIONS

A waiver of the standard guidelines or rules.

EXPIRATION DATE

The last day a license is valid as established by the Alabama Insurance Code.  Also, the date of 12/31 is given to a CE Provider if they do not renew annually.

INSTRUCTOR

Anyone teaching an approved course of instruction or lecturing at an approved seminar. May be a licensee.

INSURED

The consumer and/or policyholder.

NON-RESIDENT PRODUCER

An individual who does not reside in Alabama.

PROFESSIONAL DESIGNATION

An abbreviation or term used to describe the completion of an individual's personal education to obtain a recognized standard of expertise in a profession or occupation. Example: CPCU, CLU.

REGULATION

A principle, rule, or law designed to control or govern behavior.

SELF-STUDY COURSE

This is a course of study conducted on an independent or self-instructual basis.

SERVICE REPRESENTATIVE

A natural person, other than an officer, manager, or managing general agent of the insurer, employed on salary by an insurer or managing general agent to work for, with or through producers in selling, soliciting, or negotiating insurance in the insurer or in the insurers represented by the managing general agent, but only in the property lines of authority.