Renewing Your Colorado Life Insurance License: A Step-By-Step Guide

To renew your Colorado life insurance license, you must complete your Colorado Insurance Continuing Education (CE) requirements before your license's expiration date. In Colorado, insurance licenses expire every two years on the licensee's birthday, in the next even-numbered year from when they were licensed. To renew your license, you must complete 24 hours of CE every two years, including 18 credit hours in the line of authority for which you are licensed, three credit hours in ethics, and three credit hours in a category of your choice. You must then apply for your Colorado Insurance License Renewal by logging into Sircon or NIPR and pay a renewal fee of $27 per line of authority.

How to renew a Colorado life insurance license online

To renew your Colorado life insurance license, you must complete your Colorado Insurance Continuing Education (CE) requirements before your license expires. Insurance licenses in Colorado expire every two years on the licensee's birthday, in the next even-numbered year if the license was issued in an even-numbered year, or in the next odd-numbered year if it was issued in an odd-numbered year.

To keep your license active, you must complete 24 hours of continuing education every two years. Three of these hours must cover ethics, 18 must cover major lines, and the remaining three must cover miscellaneous coursework. You can take a self-paced online course, attend in-person classes, or join a scheduled online webinar to complete your credit hours.

Once you have completed your continuing education requirements, you can renew your license by logging into Sircon or the National Insurance Producer Registry (NIPR) and paying the $27 renewal fee per line of authority. NIPR and Sircon charge a $5.60 processing fee. The Colorado Department of Regulatory Agencies Division of Insurance (DORA DOI) provides no charge for processing, so it is recommended to renew your license at least 30 days before your license expiration date.

If you fail to renew your license before the expiration date, you must reinstate it within one year from that date. If you do not, you will need to complete a new pre-licensing education course, retake the license exam, and pay the initial application fees.

Colorado life insurance license renewal fee

To renew your Colorado life insurance license, you must complete 24 hours of continuing education (CE) requirements before your license expires. These requirements include 24 total hours of insurance continuing education every renewal period, with three of those hours covering ethics, 18 covering major lines, and three covering miscellaneous coursework. You can complete these hours through self-paced online courses, in-person classes, or scheduled online webinars.

Once you have completed your CE requirements, you can renew your license by logging into Sircon or NIPR and paying the renewal fee. The renewal fee is $27 per line of authority, plus a $5.60 processing fee charged by NIPR and Sircon. It is recommended that you renew your license at least 30 days before your license expiration date to avoid any additional costs.

If you do not renew your license before the expiration date, you must reinstate your license within one year. Failure to do so will result in additional requirements, including completing a new pre-licensing education course, retaking the license exam, and paying the initial application fees.

Colorado life insurance license renewal time frame

To renew your Colorado life insurance license, you must complete 24 hours of continuing education (CE) every two years. This includes 18 credit hours in the line of authority for which you're licensed, three credit hours in ethics, and three credit hours in a category of your choice.

It's important to note that you must complete your CE hours at least 90 days before your license expires, and you must renew your license by 10:00 p.m. Mountain Time on the day it expires. The renewal fee is $27 per line of authority, and there are no late fees or grace periods for renewals after the expiration date. If you fail to renew your license before it expires, you must reinstate it within one year by submitting a new application and paying the initial application fees.

To renew your Colorado life insurance license, follow these steps:

Step 1: Complete Colorado Insurance License Continuing Education

Ensure you complete the required 24 hours of CE.

Step 2: Apply for Colorado Insurance License Renewal

According to the Colorado Department of Regulatory Agencies Division of Insurance (DORA DOI), you may renew your Colorado insurance license by logging into Sircon or the National Insurance Producer Registry (NIPR). Use the same account you signed up for during your Colorado insurance license application. NIPR and Sircon charge a $5.60 processing fee.

Step 3: Pay the Colorado Insurance License Renewal Fee

The renewal fee is $27 per line of authority. You can pay the renewal fees via Sircon or NIPR by credit card, electronic check, or your chosen online payment system.

By completing these steps before your expiration date, you can renew your license in Colorado.

Colorado life insurance license renewal CE requirements

To renew your Colorado life insurance license, you must complete 24 hours of continuing education (CE) every two years. This includes 18 credit hours in the line of authority for which you're licensed, three credit hours in ethics, and three credit hours in a category of your choice.

You must complete your CE hours at least 90 days before your license expires. The renewal fee is $27 per line of authority, plus CE course costs. There are no late renewal fees, as Colorado doesn't allow renewals after the expiration date.

If you don't renew your license before the expiration date, you must reinstate it within one year from that date. Failure to do so will result in additional requirements, including completing a new pre-licensing education course, retaking the license exam, and paying the initial application fees.

You can renew your license by logging into Sircon or the National Insurance Producer Registry (NIPR). Both charge a $5.60 processing fee. The Colorado Department of Regulatory Agencies Division of Insurance (DORA DOI) provides no charge for processing, so it's recommended to renew your license at least 30 days before your license expiration date.

What to do if your Colorado life insurance license expires

If your Colorado life insurance license expires, you must reinstate it within one year from the expiration date. Failure to do so will result in additional requirements, including completing a new pre-licensing education course, retaking the license exam, and paying the initial application fees.

To reinstate your license, use Sircon, Colorado's preferred licensing portal. You will need to submit a new application along with the new license fee.

It is important to note that there is no continuing education "grace period" in Colorado. Not meeting the continuing education (CE) requirements will prevent you from renewing your insurance license. Therefore, it is recommended to complete all CE credits at least 30 days before the expiration date to allow the CE provider time to report successful completion to the Department of Insurance.

To renew your license, you must log in to your account on either Sircon or NIPR, the platforms where you signed up during your Colorado insurance license application. There is a $5.60 processing fee for both NIPR and Sircon, and the Colorado Department of Regulatory Agencies Division of Insurance (DORA DOI) provides no charge for processing. Thus, it is recommended to renew your license at least 30 days before your license expiration date.

The renewal fee is $27 per line of authority, and there are no late renewal fees as Colorado does not allow renewals after the expiration date.

Frequently asked questions