Current through August 26, 2024
(1) APPROVAL OF NONCREDIT EDUCATIONAL
PROGRAMS. An entity seeking initial approval or reapproval from the
commissioner of an insurance noncredit program shall submit an application in a
manner prescribed by the commissioner. The commissioner may require the
following information and materials:
(a)
Evidence of prior approval or exemption by the Wisconsin educational approval
board, if required by s.
440.52,
Stats.;
(b) A description of the
qualifications of each instructor and the subject matter the instructor will be
teaching. Instructors of noncredit programs shall be approved by the
commissioner. Instructors shall meet the criteria set forth in sub. (2)
(b);
(c) Listing of the noncredit
program's organizational structure, registration policies, fee schedules and
promotional material, for the school;
(d) Detailed outlines of the subject matter
to be covered by the program with specific allocations of classroom,
correspondence, self-study, or on-line hours to each topic meeting the minimum
standards as set forth in appendices 1 through 4. This should include a
description of textbooks, workbooks and other instructional materials. The
operator of a noncredit program shall provide section A and section B. Each
must be provided as a separate and discrete segment. Each section can be broken
up into subsections as long as no other insurance-related instruction is
provided by the noncredit program between the subsections;
(e) A description of the student record
systems including a description of the methods for documenting
attendance;
(f) The method used by
the noncredit program for evaluating instructors and a summary of previous
evaluations conducted;
(g) The
time, date, and location of each noncredit classroom program. The commissioner
may allow a noncredit program to apply for initial approval without specific
information concerning dates, times, locations, and instructors, but the
noncredit program shall provide this information in a format prescribed by the
commissioner no later than 30 days prior to the start of the course;
(h) An original signature of the person
authorized to sign certifications; and
(i) Other information as specified by the
commissioner.
(2)
CRITERIA FOR APPROVAL. In order to be approved, noncredit programs shall:
(a) Not discriminate against anyone on the
basis of sex, race, religion, age, physical disability, sexual orientation, or
national origin in their educational programs;
(b) Document that instructors are experienced
and qualified in insurance and satisfy at least one of the following criteria:
1. An instructor who is or has been engaged
in the practice of teaching insurance courses at an accredited institution of
higher education for at least the last 3 years;
2. A properly licensed insurance intermediary
for at least the past 5 years and demonstrates to the commissioner that he or
she is of good character and has the knowledge and breadth of experience to
instruct the scope of the subject area for which he or she will be
responsible;
3. A member of the
state bar in at least one state or the District of Columbia who is engaged in
the field of insurance-related law; or,
4. A Life instructor who holds 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);
5. An Accident & Health instructor who
holds 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);
6. A Property,
Casualty, or Personal Lines P&C instructor who holds 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);
or
7. A person who, in the judgment
of the commissioner, is qualified to teach a session by reason of exemplary
experience or education in the lines of insurance being taught.
(c) Show that information provided
to comply with sub. (1) is likely to support a comprehensive and accurate
treatment of the subjects required in each section.
(2g) PROVIDER APPROVAL FEES. The initial
application fee to be paid by each licensed provider will be set through a
competitive bid process not to exceed limits identified in s.
601.31(1) (x) 1, Stats. The biennial regulation fee paid by
each licensed provider will be set through a competitive bid process not to
exceed limits identified in s.
601.31(1) (x) 2, Stats. Wisconsin governmental bodies, such
as universities and technical colleges, shall be exempt from these
fees.
(2r) COURSE APPROVAL FEES.
(a) The fee to be paid for each course
submission by each provider shall be set through a competitive bid process not
to exceed statutory limits identified in s.
601.31(1) (x) 3, Stats.
(b) The fee to be paid for each course
renewal by each provider shall not exceed 4 times the credit hour fee per
course.
(3) APPLICATION
APPROVAL AND EXPIRATION OF APPROVAL. Upon receipt of an application for
approval of a noncredit program, the commissioner shall determine if the
application meets the requirements and if the program provides for instruction
of appendices 1 to 4 in a manner required by this rule. The commissioner shall
issue his or her decision on approval of an application no later than 60 days
following the receipt of the completed application and all information
required. Noncredit program approval shall expire on August 30, every 2 years
starting on the August 30 after approval.
(4) NOTIFICATION. Noncredit programs shall
promptly notify the commissioner of any information filed with the commissioner
which has changed.
