Maine Bureau of Insurance Rule, Chapter 542

What this document is

Maine Bureau of Insurance Rule, Chapter 542 - Educational Requirements for Insurance Professionals (continuing education), 031 C.M.R. ch. 542, July 2025 Word file is a regulation published by Maine Secretary of State, Bureau of Insurance rules (maine.gov/sos/rulemaking). It is one of the Maine documents that insurance license exam questions are written from, including maine property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• Bureau of Insurance Rule 542, § 5(G)(4) (Course and vendor approval: standards for approval)

  “(4)Courses which primarily instruct the student in the promotion or sales of the products of a specific company. However, courses which primarily convey general insurance knowledge through instruction in the design and appropriate application of products of specific companies may be considered for credit.”

• Bureau of Insurance Rule 542, § 4(A) (Minimum educational requirements: continuing education)

  “A.Continuing education. As a condition of continued licensure, individuals with resident producer or consultant licenses must earn at least 24 credit hours each biennium through satisfactory completion of courses approved pursuant to this Rule. Of the 24 credit hours, at least 3 must cover ethics.”

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Questions about this source

More Maine sources

• Me. Rev. Stat. tit. 24-A, s. 2152: Unfair methods; deceptive acts prohibitedState statute
• Me. Rev. Stat. tit. 24-A, s. 1420-A: Insurance producer licensing definitionsState statute
• Me. Rev. Stat. tit. 24-A, s. 2153: Misrepresentation; false advertising of policiesState statute
• 24-A M.R.S. Chapter 33 - Health Insurance Contracts (Secs. 2701 onward, selected)State statute
• Maine Revised Statutes Title 24-A Chapter 1 - General Definitions and ProvisionsState statute
• Maine Revised Statutes Title 24-A Chapter 17 - Agents, Brokers, Consultants and AdjustersState statute
• Maine Revised Statutes Title 24-A Chapter 21 - Unauthorized Insurers: Prohibitions, Process and AdvertisingState statute
• Maine Revised Statutes Title 24-A Chapter 23 - Trade Practices and FraudsState statute