Oregon Property & Casualty Pre-License Course (40 Hr)

This 40-hour course will provide the Oregon Property and Casualty pre license candidate with current and up-to-date information in order to successfully prepare for the Oregon Property and Casualty examination. The course covers everything contained in the Oregon Division of Financial Regulation’s Candidate Information Bulletin, and is broken down into easily understandable lessons.

This updated course includes many illustrations, examples, and quizzes associated with the state insurance examination and provides a well-rounded approach to test preparation. The topics covered in the course begin with insurance regulation for P&C, which will introduce you to the basic laws and rules in the state. The next section of the course includes specific federal rules and regulations and a discussion of general insurance principles and concepts and will introduce the candidate to terms, definitions and concepts that are the foundation of P&C insurance.

The course continues with material on property and casualty basics, including concepts, definitions and examples. Dwelling and homeowner insurance lessons are next on the schedule, and will discuss both the property and casualty (liability) portions of the contracts. Personal and commercial automobile insurance is thoroughly explored, with commercial property and liability insurance following. Business Owner policies are detailed, as well as workers’ compensation insurance and other property and casualty policies, including surety, watercraft, recreational vehicles, and other important examination topics. The final lesson in this prelicense course are the laws and rules specific to P&C in Oregon. The course includes material on everything necessary to successfully prepare for the exam:

• All laws and rules, including state and federal regulations;
• Property and Casualty Basics;
• Dwelling Fire insurance Policies;
• Homeowners insurance;
• Automobile insurance for personal, business and commercial uses;
• Commercial policy packages, business insurance and commercial general liability policies;
• Business Owners policies;
• Workers’ Compensation coverage; and
• Other policies, coverages, and options specific to P&C

The course will also contain material on the laws and rules that are mandated in Oregon for insurance producers, insurance companies, and others in the insurance business. In the lessons for laws and rules, the course covers insurance regulation in Oregon, general insurance concepts, terms and definitions, and material specific to property and casualty laws and rules.

Each lesson will include a practice examination with complete explanations and details to help the student retain information. There is a 160 question final examination designed to mimic the state examination, and must be successfully completed in order to receive credit for the course.

Credit Type: Pre-License Training

Course ID(s): 10015026 (PL)

Approved By: Oregon Higher Education Coordinating Commission (HECC)