Wisconsin Administrative Code
Office of the Commissioner of Insurance
Chapter Ins 26 - Prelicensing Education
Section Ins 26.04 - Prelicensing requirement
Universal Citation: WI Admin Code ยง Ins 26.04
Current through August 26, 2024
(1) Each applicant for a property, personal lines, casualty, life, or accident and health insurance license shall complete, not more than one year earlier than the date tested, at least 20 hours of a preliminary educational program approved by the commissioner in accordance with this chapter.
(2) Minimum prelicensing educational requirements shall not apply to the following:
(a) Any applicant applying for a limited line
insurance license for credit insurance, legal expense insurance, miscellaneous
limited line, title insurance, crop, surety, or travel insurance.
(b) Any nonresident applying for a
nonresident license in the state of Wisconsin.
(c) Any applicant who has completed a 2-year
Wisconsin vocational school degree in insurance who submits evidence of
attendance with the application.
(d) Any applicant who has completed a 4-year
college degree in business with an insurance emphasis who submits evidence of
attendance with their application.
(e) An applicant for a reinsurance
intermediary-broker, reinsurance intermediary-manager or managing general agent
limited-line license.
(f) An
applicant applying for an original resident license who held a license within
the previous 12 months as a resident insurance agent in another state for each
of the lines applied for in Wisconsin is exempt from prelicensing education and
examination requirements. An application shall be filed in a manner prescribed
by the commissioner using the NAIC Uniform Application. A completed application
shall include: the NAIC Uniform Application; payment of any fees; and any
documentation required in answer to questions on the application. If
confirmation of the previous home state, as defined by s.
Ins 28.03 (3m), license status is not attainable from
the National Insurance Producer Registry, evidence of licensing from the
previous home state is required.
(g) An applicant applying for an original
resident license for the Life line of authority who provides satisfactory
evidence of currently holding any of the following professional designations or
successor designations: Certified Employee Benefit Specialist (CEBS), Chartered
Financial Consultant (ChFC), Certified Insurance Counselor (CIC), Certified
Financial Planner (CFP), Chartered Life Underwriter (CLU), Fellow of the Life
Management Institute (FLMI), or Life Underwriter Training Council Fellow
(LUTCF).
(h) An applicant applying
for an original resident license for the Accident & Health line of
authority who provides satisfactory evidence of currently holding any of the
following professional designations or successor designations: Registered
Health Underwriter (RHU), Certified Employee Benefit Specialist (CEBS),
Registered Employee Benefits Counselor (REBC), or Health Insurance Associate
(HIA).
(i) An applicant applying
for an original resident license for the Property, Casualty, or Personal Lines
P&C lines of authority who provides satisfactory evidence of currently
holding any of the following professional designations or successor
designations: Accredited Advisor in Insurance (AAI), Associate in Risk
Management (ARM), Certified Insurance Counselor (CIC), or Chartered Property
and Casualty Underwriter (CPCU).
(3) If an applicant is exempt under sub. (2), the applicant shall submit an exemption request with all supporting documentation in a manner prescribed by the commissioner.
Disclaimer: These regulations may not be the most recent version. Wisconsin may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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