Colorado Insurance License Requirements
Do you want to become an insurance agent and get your Colorado insurance license? XCEL has taught thousands of aspiring insurance professionals in Colorado and we make it easy for you to get up to speed on the Colorado insurance requirements.
How to Obtain your Insurance License in Colorado
1. Complete the Pre-Licensing Course.
- Life Only – 50 hours
- Accident & Health Only – 50 hours
- Casualty – 50 hours
- Property – 50 hours
- Personal lines - 50 hours
Course Requirements:
- This is a forced progression (locked) state that requires the student to review each lesson and pass each of the chapter quiz before moving onto the next section/chapter.
- Assessments on key topics throughout the course must be successfully passed with a minimum score of 70% before moving onto the next chapter.
- Completion of this course satisfies the prelicensing education requirement.
Final Examination:
- The final examination must be monitored by a proctor. A proctor is defined as, “a disinterested third party with no conflict of interest who verifies the student’s identity and processes an affidavit testifying that the student has received no outside assistance with the course or examination.”
- The final examination will be unlocked when the proctor confirms your identity via electronic means.
- Your will not be able to review the course content once the final examination has begun.
- The final examination must be completed with a score of at least 70% before the certificate is issued.
- When the final examination is completed, you and the proctor will be required to complete the affidavit.
Certificate Information
To be eligible for a Certificate of completion, you must follow several steps:
- Completion of the course, practice final exam and the Certification Exam.
- Download and Print certificate through the “Transcript” tile on the user dashboard.
- Certificates are valid for 1 year.
- Course completion rosters will be reported to SIRCON within 5 business days.
- Education providers are required to collect and report students DOB and last 4 of SSN.
- To avoid licensing delays, make sure the name on the certificate matches the name on the government issued photo id.
2. Schedule the Colorado State Examination.
- Registration must be completed online on Pearson Vue website: www.pearsonvue.com/co/insurance
- You will be required to enter the school code during registration. The school code can be found on the certificate of completion.
- Exam fee – $41 (Candidates may take up to TWO examinations during one exam session for a single fee of $41)
- OnVUE fee – $31 (there is no discount applied for multiple exams)
Limitation on Repeat Examinations:
- There are no limitations on retaking the exam at a test center.
- Candidates taking an online examination are allowed TWO (2) attempts per exam. All subsequent examination attempts will have to be taken at a Pearson Vue Testing center.
Online Proctored Exams:
- You must check the compatibility of your computer before registering for the exam. https://home.pearsonvue.com/co/insurance/onvue
- If your computer is not compatible with the online software, you will need to schedule your examination at a Pearson Vue test center.
3. Pass the State Exam
- Be sure to take advantage of XCEL’s 3-Part training program, including Part 2 (Prep Review Course) and Part 3 (Exam Simulator). These are the two sections we hear from students value the most during the exam waiting period.
- Prep Review Course: This part of the training scales down content to focus solely on the most important material with weighted sections identical to the state exam. Chapters have only a few pages of material, but the content must be mastered to pass. Instructionally designed to teach individuals how to pass, most study effort should be invested here. Chapter exams are substantially larger (50+ questions), providing exposure to the types of questions seen on the state exam.
- Exam Simulator: These special exams are designed to gauge content retention levels. Important: Only take the Exam Simulators after the Prep Review Course has been successfully completed. It ensures these questions will be “fresh in the mind”.
- On the day of testing, you must present two forms of identification bearing your signature, one of which must be a valid government issued photo id.
4. Apply for License
- Submit license application electronically through SIRCON Online Services
- Application fee: $47 per line of authority
- When completing the application, the applicant will also be asked to provide proof of legal residency. Acceptable documents can be found on page 4 of the
- Candidate Handbook.
Exam Outlines
| DESCRIPTION | Question Count | % of Exam Questions | ||
| Life | Health | Life | Health | |
| Life Insurance | ||||
| Types of Policies and Features | 12 | 0 | 15% | 0% |
| Policy Riders, Provisions, Options, and Exclusions | 18 | 0 | 23% | 0% |
| Completing the Application, Underwriting, and Delivering the Policies | 12 | 0 | 15% | 0% |
| Taxes, Retirement, and Other Insurance Concepts | 8 | 0 | 10% | 0% |
| Health Insurance | ||||
| Types of Policies | 0 | 14 | 0% | 18% |
| Policy Provisions, Clauses, and Riders | 0 | 20 | 0% | 25% |
| Social Insurance | 0 | 3 | 0% | 4% |
| Other Insurance Concepts | 0 | 4 | 0% | 5% |
| Field Underwriting Procedures | 0 | 9 | 0% | 11% |
| Colorado Laws and Rules | ||||
| Colorado Statutes, Rules and Regulations Common to All Lines | 20 | 19 | 25% | 24% |
| Colorado Statutes, Rules and Regulations Pertinent to Life Insurance | 10 | 0 | 13% | 0% |
| Colorado Statutes, Rules and Regulations Pertinent to Sickness and Accident Insurance | 0 | 11 | 0% | 14% |
| Total for all parts | ||||
| Total Scored Questions on Exam | 80 | 80 | ||
| Maximum Time allowed to complete exam in minutes | 120 | 120 | ||
| Passing Score | 70 | 70 | ||
| DESCRIPTION | Question Count | % of Exam Questions | ||
| Casualty | Property | Casualty | Property | |
| Casualty Insurance | ||||
| Types of Policies, Bonds, and Related Terms | 25 | 0 | 31% | 0% |
| Insurance Terms and Related Concepts | 14 | 0 | 17% | 0% |
| Policy Provisions | 11 | 0 | 14% | 0% |
| Property Insurance | ||||
| Types of Property Policies | 0 | 25 | 0% | 33% |
| Insurance Terms and Related Concepts | 0 | 14 | 0% | 19% |
| Policy Provisions and Contract Law | 0 | 11 | 0% | 15% |
| Colorado Laws and Rules | ||||
| Colorado Statutes, Rules, and Regulations Common to All Lines | 19 | 19 | 23% | 25% |
| Colorado Statutes, Rules and Regulations Common to Property and Casualty Insurance | 4 | 4 | 5% | 5% |
| Colorado Statutes, Rules and Regulations Pertinent to Casualty Insurance | 8 | 0 | 10% | 0% |
| Colorado Statutes, Rules and Regulations Pertinent to Property Insurance | 0 | 2 | 0% | 3% |
| Total for all parts | ||||
| Total Scored Questions on Exam | 81 | 75 | ||
| Maximum Time allowed to complete exam in minutes | 120 | 120 | ||
| Passing Score | 70 | 70 | ||
| DESCRIPTION | Question Count | % of Exam Questions |
| Personal Lines Insurance | ||
| Types of Property Policies | 10 | 10% | Types of Casualty Policies | 13 | 13% | Property and Casualty Insurance Terms and Related Concepts | 28 | 27% | Property and Casualty Policy Provisions and Contract Law | 24 | 23% |
| Colorado Laws and Rules | Colorado Statutes, Rules, and Regulations Common to All Lines | 19 | 18% | Colorado Statutes, Rules, and Regulations Common to Property, Casualty, Personal Lines Insurance Only | 3 | 3% | Colorado Statues, Rules, and Regulations Pertinent to Property Insurance Only | 2 | 2% | Colorado Statues, Rules, and Regulations Pertinent to Casualty Insurance Only | 5 | 5% |
| Total for all parts | Total Scored Questions on Exam | 104 | Maximum Time allowed to complete exam in minutes | 215 | Passing Score | 70 |
Producer Licensing Checklist:
| Task: | Date Completed |
| 1. Complete prelicensing course | |
| 2. Register for exam | |
| 3. Pass exam | |
| 4. Apply for License and provide proof of legal residency |
Governing Agency
Name: Colorado Division of Insurance
Phone: 800-275-8247
Website: https://dora.colorado.gov/
Address: 1560 Broadway, Suite 850 Denver, CO 80202
Colorado Insurance License Renewal and Compliance Requirements
XCEL Solutions provides this information as a courtesy to licensees subject to insurance continuing education requirements. Although every effort is made to maintain the accuracy of this course, recent changes in laws and procedures may not yet be reflected in the content. All information is subject to change without notice.
License Renewal Timelines
Agents holding a Major Lines license (Property, Casualty, Personal Lines, Accident & Health, Life or Variable Products) are required to renew their license by the last day of their birth month every two years.
- On-going renewal periods are the last day of the agent’s birth month every two (2) years thereafter.
Continuing education requirements must be met before submitting the license renewal application.
Complete Required Continuing Education
Requirements Per License
Licensees renewing a Property, Casualty, Personal Lines, Accident & Health, Life or Variable Products license are required to complete 24 hours of approved continuing education, three (3) of which must be approved as ethics, and 18 hours must be for the type of license the producer is licensed before submitting their renewal application.
Specific Product Training Requirements
The Colorado Department of Insurance requires specific training requirements for individual agents selling, soliciting, or negotiating Long-Term Care products (LTC), Flood Insurance products (NFIP), and Annuity products (Annuity). Failing to complete the required training may jeopardize the agent’s authority to sell the related insurance products.
Long-term Care Training Requirements
- Life or Accident & Health licensees must complete 16-hours of Long-term Care training course before selling, soliciting, or negotiating long-term care insurance. The first 8 hours should consist of general Long-Term Care, which can be taken online self-study or classroom. The remaining 8 hours should be specific to Long-Term Care Partnership, which must be taken in a classroom.
- Agents must also complete an approved 5-hour LTC refresher course via classroom setting every renewal period to continue selling, soliciting, or negotiating long-term care insurance.
- The initial and refresher LTC course credits count towards the agent's 24-hour CE requirement.
- Resident agents may complete these training requirements in any state provided the department has approved the course for long-term care credit prior to the agent taking the course.
- Non-resident agents may complete these training requirements in any state.
Annuity Best Interest Training Requirements
- Life or Variably Annuity licensees must complete an approved one-time 4-hour Annuity Best Interest course before selling, soliciting, or negotiating annuity products.
- Annuity Best Interest Training course credits count towards the agent's 24-hour CE requirement.
- Resident and non-resident agents may complete these training requirements in any state with laws substantially similar to Colorado.
Flood Insurance (NFIP) Training Requirements
- Property and Casualty or Personal Lines licensees must complete an approved one-time 3-hour National Flood Insurance Program (NFIP) course by the end of their first renewal period if they plan to sell, solicit, or negotiate Flood insurance.
- The National Flood Insurance Program course credits count towards the agent's 24-hour CE requirement.
Course Requirements
- Licensees can use independent self-study courses to meet all requirements.
- Licensees must take courses in which the licensed is held.
- Self-study exams are closed book and require a monitor/proctor.
- Duplicate courses completed in the same renewal period are not allowed and cannot be carried over to future renewal cycles.
- Excess credits of up to 12 hours earned in the previous last 120 days of the biennial renewal period can be carried over to the next reporting period.
- Licensees cannot repeat the same course within a 2-year period from course completion date.
Reporting To Your State
- Students must provide their National Producer Number (NPN) to report on course completion.
- No roster fee is required to report course completions to your state.
- Course completions are reported within one business day.
Renew Your License
Resident and nonresident license renewal applications are processed through NIPR. A $27 renewal fee is required per line of authority except Surplus Lines. Agents with a continuing education requirement must obtain all required credits prior to their license expiration date. An agent will not be eligible to renew their insurance license(s) until they have satisfied their continuing education requirement.
Helpful Resources
Find your Colorado Insurance License Number
Colorado Department of Regulatory Agencies – Division of Insurance
- https://dora.colorado.gov/
- 800-930-3745
- dora_insurance@state.co.us
- 1560 Broadway, Suite 850, Denver, CO 80202