TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
SUBCHAPTER ii: INSURANCE PRODUCERS, LIMITED INSURANCE REPRESENTATIVES AND BUSINESS ENTITIES
PART 3119 PRE-LICENSING AND CONTINUING EDUCATION
SECTION 3119.65 COURSE CREDIT


 

Section 3119.65  Course Credit

 

The value of course credit for purposes of this Section shall be determined as follows:

 

a)         Supervised Examinations

 

1)         Successful Completion

Students who successfully complete a supervised examination will receive full credit for the course.

 

2)         Unsuccessful Completion

Students who do not successfully complete a supervised continuing education examination shall receive one hour of credit for each hour of documented classroom attendance not to exceed 50% of full credit.

 

b)         Non-Supervised Examination

 

1)         Successful Completion

Students who successfully complete a non-supervised examination will receive full credit for the course.

 

2)         Unsuccessful Completion

Students who do not successfully complete a non-supervised examination will receive no credit.  If the student fails a non-supervised examination and successive examinations are given, the successive examinations must be substantially different from each other.

 

c)         Courses Without Examination

Students will receive credit for documented attendance based on the certified hours assigned to the course.

 

d)         No additional credit will be given to a producer for a repeated course unless 3 years have passed since credit was given for the course.

 

e)         Continuing education instructors may receive continuing education credit for courses they teach.  The credit earned shall be determined pursuant to the criteria established in this Section.

 

(Source:  Added at 29 Ill. Reg. 15515, effective September 29, 2005)