24 Hour Life and Health with Ethics
24h courseThis course provides all 24 hours of CE that you need! It will review key concepts and principles of Life & Health insurance. It includes 3 hours of ethics, 21 hours of continuing education content and the mandatory exam. Your course tuition includes the required $1.50/hr reporting fee required by the state.
24 Hour Property and Casualty with Ethics
24h courseThis course provides all 24 hours of CE that you need! This course will review key concepts and principles of Property & Casualty insurance. It includes 3 hours of ethics, 21 hours of general content and the mandatory exam. Your course tuition includes the required $1.50/hr reporting fee required by the state.
8 Hour LTC Initial Continuing Education Course
8h courseThis eight-hour course applies to producers who need to earn their initial certification in order to transact long-term care (LTC) insurance. This course will cover key principles and concepts related to long-term care insurance coverage and will discuss a number of important issues surrounding long-term care, including an introduction to the history and concepts related to LTC, what long-term care insurance is and its associated uses, levels of care, eligibility for coverage, settings for care, the Activities of Daily Living, alternatives such as Medicare, Medigap and Medicare Advantage plans, and Medicaid.
The course continues with a deep look at long-term care policies, including the basics and in-depth material. Elimination periods, general underwriting, benefit periods, tax issues and tax-qualified contracts, agent and insurer responsibilities, replacement concerns, optional benefits and riders are thoroughly explored. The last sections of the course detail the National Association of Insurance Commissioners Long-Term Care Model Act and its requirements.
The course contains numerous illustrations and graphics to assist comprehension, as well as simplifications of difficult laws and rules.
The course concludes with a final exam that must be successfully passed in order to receive certification for the course.
Your course tuition includes the $1.50/hr mandatory reporting fee.
4 Hour Annuity and Sustainability
4h courseThis four-hour training course is designed to meet the National Association of Insurance Commissioners’ (NAIC) education requirements for producers authorized to sell annuities. Specifically, this course includes the 2020 updates to the NAIC’s amended Model Regulations for annuity transactions. This course covers annuity suitability and best interest laws, as well as in-depth information on types of annuities, understanding each party of an annuity, contract structures, recordkeeping, contract provisions, and more. This course will teach students how to help a customer choose an annuity product that is right for them, and how to do so lawfully.
4 Hour Long-Term Care Ongoing CE
4h courseThis four-hour course applies to producers who need to complete their Long-Term Care (LTC) refresher course in order to maintain their ability to sell Long-Term Care insurance. This updated course will cover key principles and concepts related to long-term care insurance coverage and will discuss a number of important issues surrounding long-term care, including an introduction to the history and concepts related to LTC, what long-term care insurance is and its associated uses, levels of care, eligibility for coverage, settings for care, the Activities of Daily Living, alternatives including Medicaid and life insurance riders, and important sections of the National Association of Insurance Commissioners (NAIC) Model Long-Term Care Act and changes.
The course continues with a deep look at long-term care policies, including the basics of LTC and in-depth material. Elimination periods, general underwriting, benefit periods, tax issues and tax-qualified contracts, partnership policies and associated rules, agent and insurer responsibilities, replacement concerns, and optional benefits and riders are thoroughly explored. The last sections of the course detail the National Association of Insurance Commissioners Long-Term Care Model Act and its requirements.
The course contains numerous illustrations and graphics to assist comprehension, as well as simplifications of difficult laws and rules.
The course concludes with a final exam that must be successfully passed with a score of at least 70% in order to receive certification for the course.
Your course tuition includes the required $1.50/hr reporting fee required by the state.
3h courseThis course satisfies 3 hours of ethics training for any Vermont insurance producer, and applies to producers in all lines. Your course tuition includes the $1.50/hr mandatory reporting fee required by the state.
3h courseThis 3 Hour course will meet your one-time Certification Requirements to start selling Flood Insurance in the state of Vermont. Your course tuition includes the required $1.50/hr reporting fee required by the state.
Resident licensees must complete a minimum of 24 credit hours of Department-approved subjects during each two-year (biennial) reporting period.
Of this 24-hour requirement:
Courses may be completed in a classroom setting, through self-study, or at your own pace online. There are no other category restrictions on coursework. Licensees may take CE-approved courses in any subject
Non-resident licensees in compliance with their home state's CE requirements are exempt from completing Vermont CE provided that the home state's requirements are similar to those set by Vermont law
The Vermont Department of Financial Regulation may verify a non-resident's compliance and standing with their home state's license requirements.
Licensees are encouraged to complete additional CE training, but extra credits earned in a renewal period cannot be carried over to the next term
A Vermont insurance license expires on March 31 of odd-numbered years. This renewal date is fixed regardless of when a licensee is initially certified, but CE requirements do not apply to a licensee's first renewal term.
Licensees are eligible to renew their licenses beginning 85 days prior to their license expiration date. All CE requirements must be met to process a license renewal
Licenses may be renewed online at the National Insurance Producer Registry website or by using the Vermont State Information Center Insurance Licensing Search and Renewal tool
Paper renewals are only accepted if the online renewal option is unavailable for an individual's license type or if a licensee has submitted a request for a Hardship Exception to renew by mail. Paper renewals must be received by the Department before the March 31 renewal deadline.
The license renewal fee is $30
The state of Vermont sends licensees a renewal reminder at the beginning of the renewal year. This reminder is sent to the licensee's address on record with the Department. It is the licensee's responsibility to keep their contact information up to date with the Department and report any changes.
Licensees may submit a Request for Extension before the March 31 deadline to the Office of the Commissioner in order to apply for an extension of up to six months. If a producer is not CE compliant before the end of the extension received, their license will be suspended
Licensees who fail to renew their license before its expiration date and do not have an extension granted must submit a new NAIC Uniform application, a $30 application fee, and a $30 license fee. With this application, the licensee must also submit copies of CE compliance certificates from the lapsed renewal period
Vermont CE exams are closed-book. Students may not access or refer to course material during the exam
Online exams must be monitored by an unbiased third party. Family members, friends, employers, colleagues, or anyone with an interest in the licensee's passing of the exam cannot act in this monitor role.
For online exam results to be accepted, monitors must complete an online Declaration of Compliance. This document confirms acknowledgment of and adherence to the specific requirements outlined by the State Department of Financial Regulation. Failure to submit this document will disqualify exam results
A score of 70 percent or higher is required to receive CE credit. Unlimited retakes are permitted until a passing score is achieved
Repeating a course is not allowed within an individual renewal period
A licensee can repeat courses already taken to meet CE requirements for a subsequent renewal period
CE course instructors are eligible to receive the same amount of credit hours as the students enrolled in the course. Instructors are only eligible to receive credit for an individual course taught once per renewal period.
Required CE credits must be submitted to the state directly by the course provider within 20 days of course completion. Licensees must keep course completion certificates in their files for two years
It is recommended to complete all continuing education at least 30 days prior to the expiration date of your license to give the CE provider sufficient time to report successful completions to the Vermont State Department of Financial Regulation. However, CE courses can be completed at any time within the current license term
Some resident licensees are exempt from CE reporting requirements, including:
Licensees that qualify for CE exemptions should contact the Vermont State Department of Financial Regulation to verify this eligibility
Per federal regulation, Vermont health producers must also complete specific training to sell, solicit, or negotiate long term care policies
Professionals licensed as an insurance producer for accident and health must complete a one-time, eight-hour training course to sell, solicit, or negotiate LTC insurance. This coursework must include at least two hours of Vermont-specific training, including Vermont Medicaid information.
Licensees must also complete four hours of ongoing LTC training every renewal period. This training can be applied to the producer's 24-hour CE requirement
The four-hour refresher course covers subjects including:
This requirement applies to both resident non-resident agents working in Vermont.
Before selling flood insurance, agents must complete a one-time training course of three hours, in order to comply with requirements established by FEMA and the National Flood Insurance program.
As of July 5, 2024, insurance producers in Vermont must complete a one-time annuity suitability course before selling annuity products. The course is offered in one- and four-hour versions.
If you have already completed annuity training, you can take the one-hour annuity suitability course until January 5, 2025.
If you have not taken any annuity training, you must complete the four-hour suitability course.
