Minnesota Life Insurance License Practice Exam

How many total hours of continuing education must be completed by a licensed individual?

1. 20 hours

2. 24 hours

3. 30 hours

4. 18 hours

The correct answer is: 24 hours

In Minnesota, licensed insurance agents are required to complete a total of 24 hours of continuing education every two years. This requirement is in place to ensure that agents stay current with the latest regulations, industry standards, and best practices necessary to effectively serve their clients and maintain their professional competence. The 24-hour requirement typically includes specific topics such as ethics, insurance laws, and other pertinent subject matter relevant to the insurance industry, which helps agents provide informed service and advice to their clients. While some other states may have different requirements, Minnesota’s stipulation of 24 hours is designed to reinforce the continuous development of knowledge and skills among agents, thereby enhancing the professional standards of the insurance field.