What mandatory training must licensed insurance professionals complete periodically?

The correct answer is that licensed insurance professionals must complete Continuing Education Requirements periodically. This requirement ensures that insurance agents, brokers, and other professionals stay current with the latest industry trends, regulatory changes, and best practices. Continuing education is essential for maintaining licensure, as it helps professionals enhance their knowledge and skills, ultimately benefiting consumers by providing them with informed, competent service.

While professional development courses can be beneficial for career advancement, they are not universally mandated for maintaining a license. Ethics training is also important in the insurance field, but it is typically not required as a standalone course regularly. Annual reviews can refer to evaluations of an agent's performance or business practices, but these do not constitute mandatory training that ensures ongoing education in the field. Thus, the focus on Continuing Education Requirements highlights a structured approach to sustaining professional standards within the insurance industry.