How often must all licenses and appointments be renewed to remain in force?

In South Dakota, licenses and appointments for insurance professionals, including agents and producers, must be renewed every two years to remain valid. This two-year renewal cycle ensures that licensed individuals stay up-to-date with industry regulations, continuing education requirements, and any changes within the insurance market. Maintaining a current license is crucial for professionals in the field, as it assures consumers and regulators that the agent is knowledgeable and compliant with the necessary standards. This renewal period reflects a balance between ensuring adequate regulatory oversight and allowing agents enough time to build their business and client relationships.