Vermont Insurance Continuing Education Courses and Requirements

VERMONT CE COURSES

The following courses are currently available for Vermont:

Course NameCredit HoursLine of Authority
Anti-Money Laundering2.00Ethics
Ethical Practices: Avoiding E&O Claims3.00Ethics
Ethics & Insurance: How to Sell Ethically & Comply with the Law3.00Ethics
NFIP Flood Insurance3.00Flood
Indexed Product Training4.00Gen
Principles of Life and Health Insurance12.00Life and Health
Annuity Suitability Certification Training4.00Life/Health
Distribution Planning4.00Life/Health
Group Benefits & Worksite Insurance4.00Life/Health
Health Insurance Policies: Protecting Clients from Health-Related Loss5.00Life/Health
Life Insurance Policy Types & Suitability6.00Life/Health
Medicare Supplement Insurance: Closing the Gap4.00Life/Health
Retirement Planning4.00Life/Health
Variable Life & Annuities: Understanding Investment Potential and Risks5.00Life/Health
Businessowners Policy (BOP)4.00Property/Casualty
Commercial Lines: Property/Auto/Liability4.00Property/Casualty
Personal Lines: Protecting Your Client's Home, Auto, & Critical Risks7.00Property/Casualty
Principles of Property and Casualty Insurance13.00Property/Casualty

 

REQUIRED HOURS

Producers in Vermont are required to take 24 hours of CE, including 3 hours of ethics, every 2-year license term. Vermont’s license term is 2 years ending March 31, in odd numbered years. No carry over credits are allowed and a student cannot take a course more than once in a 2-year license term.

 

CATEGORY RESTRICTIONS

Students may take an approved course in any line of authority to obtain their Continuing Education credits, but it is recommended that they take courses pertaining to their license type.

 

SPECIAL TRAINING

• LONG TERM CARE TRAINING - Before a Producer can sell or solicit Long Term Care Insurance, they must complete a state-approved, one-time 8-hour Long Term Care Training course. Producers are also required to take 2 hours of Vermont specific Long Term Care training, which may be included in the initial 8-hour course or taken on its own. Producers must then complete a 4-hour ongoing training requirement on or before March 31 of odd-numbered calendar years in order to stay in compliance.

• FLOOD INSURANCE TRAINING - Vermont licensed producers who sell National Flood Insurance Policies are required to take a one-time 3-hour course on Flood Insurance.

 

COURSE PRESENTATION

• CERTIFICATION EXAM – Students are required to pass the certification exam with a 70% or better. Exams must be monitored by a disinterested third party who certifies that the licensee completed the exam without outside assistance.

• STUDY BY TOPIC QUIZZES – ExamFX recommends that all Study by Topic Quizzes are passed with a 70% or better.

• STUDENT AND PROCTOR ATTESTATION – The student and proctor attestation must be completed following the certificate exam.

 

CERTIFICATES OF COMPLETION AND REPORTING

Your certificate of completion will be emailed to you within two (2) business days. Completions are reported to state entities within two (2) business days of the certificate having been issued. The state charges $1.50 per credit hour in order to report completions. This fee is charged to the student before the certification exam may be accessed.

 

NONRESIDENT PRODUCERS

A nonresident producer who satisfies the continuing education requirements of their home state shall be deemed compliant with Vermont’s CE requirement. Non-residents of Vermont may satisfy NAIC LTC course requirements in another state, but they will need to take a 2 hour Vermont Medicaid course before they can begin soliciting products.

 

CE EXEMPTIONS

The following are exempt from Vermont CE requirements:

• Producers licensed less than 2 years at the time of first renewal.

• Limited Line Representatives, Title Insurance, Travel Accident, and Travel Baggage Insurance

• Nonresident

• Property and Casualty adjusters

• Public adjusters

• Crop adjusters


STATE CONTACT INFORMATION

Vermont Department of Financial Regulation Phone: 802-828-3301
Fax: 802-828-3306
Email: BISHCA.ProducerLicensing@state.vt.us

Mailing Address:
Vermont Department of Financial Regulation 89 Main St. Drawer 20
Montpelier, VT 05620-3101

The information displayed above is for informational purposes only. ExamFX is not responsible for the accuracy of the information on this page. All steps have been taken to make sure that the information relayed on this page is accurate; however, information is subject to change without notice. It is the responsibility of the producer to be compliant per their states requirements.