South Carolina Life Insurance Practice Exam

How many total hours of continuing education must be completed every 2 years for a licensed producer?

1. 20 hours

2. 24 hours

3. 30 hours

4. 40 hours

The correct answer is: 24 hours

For a licensed insurance producer in South Carolina, the requirement is to complete 24 hours of continuing education every two years. This requirement is crucial for ensuring that producers stay updated on industry changes, new products, and regulatory updates. The 24-hour requirement encompasses various forms of education relevant to the insurance field, including courses on ethics, state law, and insurance practices. This helps maintain a standard of professionalism and knowledge in the industry, ensuring that producers are well-equipped to serve their clients effectively. By mandating continuing education, regulators aim to enhance consumer protection and promote the overall integrity of the insurance marketplace.