MN Inusrance Time

If a producer's license lapses, how much time does the producer have to apply for reinstatement without having to take an exam?

12 months

After appointing an agent, how long does an insurer have to file with the Commissioner the form detailing the agent's name, address, and other needed information?

15 days

Continuing education must be completed every

2 years

Once an agent has met the requirements to sell long-term care insurance, how often must he or she complete the 4 hours of ongoing training.

2 years

How long must insurers keep records related to advertisement of insurance policies?

3 years

Once an individual has successfully passed a licensing exam, for how many year(s) are the results valid?

3 years

Should the Commissioner request information from a certificate holder, licensee, or other person under the jurisdiction of the Commissioner...If no time specified, they must comply within?

30 Days

If licensees have administrative action taken against them, they must report this to the Commissioner within

30 days

After an insurance company examination, the Commissioner or the Examiner appointed by the Commissioner must file a written report of the examination within?

60 days

If an insurer meets the state's requirements, their Certificate of Authority should arrive within how many days of applying?

60 days

The Commissioner must examine the affairs and conditions of every insurer licensed in the State not less frequently than

Every 5 years