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The Success Family of CE Companies provides this information as a courtesy to individuals who are subject to insurance continuing education requirements.  Due to regulatory requirements we suggest that you contact your state department of insurance to insure that no regulatory changes have been enacted.  Although ongoing efforts have been made to qualify that the information provided here is accurate and current, neither The Success Family of CE Companies nor its employees warrant or represent that this information is accurate and current. All information is subject to change without notice.

Vermont Insurance CE Requirements


Insurance Continuing Education Hours Required

  • 24 hours are required biennially; including 3 hours of ethics
  • Workers Compensation Adjuster: attend 1 insurance department Workers Compensation seminar per renewal cycle
  • P/C Adjusters : CE credits are not required


State Specific Insurance Continuing Education Courses

  • All producers MUST earn 3 hours in ethics
  • Producers licensed for P/C have a one-time requirement to take a 3 hour course on the National Flood Insurance Program (NFIP)
  • A maximum of 6 hours related to insurance agency management may be taken for CE credit per renewal period.
  • An individual may not sell, solicit or negotiate LTC insurance unless the individual is licensed as an insurance producer for Life and Health insurance and completed an 8 hours one-time training course and a 4 hour follow-up training course every 24 months thereafter in order to continue to sell LTC policies. 


Insurance Continuing Education Renewal or Compliance Date for Licensees

  • The current compliance period ends March 31, 2009, future compliance periods begin April 1 of odd numbered years and end on March 31, two years later


Types of Courses Accepted

  • Independent self-study courses or classroom


Monitor Requirements

  • Exams MUST BE monitored by a disinterested third party.


Reporting to Your State
  • $1.50 per credit hour is required to report your credits to the state.
    • State Insurance completions are reported 2 times every business day. If course is completed after 2 PM PT, it will be reported the following business day.

    • CFP reports are sent on Friday at 2 PM PT to the CFP Board electronically.

    • You may also self-report your CFP completions to www.cfp.net


Insurance Continuing Education Carryover Hours & Course Repetition

  • Carryover of excess CE credit hours is not allowed.
  • Credit will not be given for courses taken more than once in a 2-year period.


Insurance Continuing Education Exemptions

  • Limited lines representatives/agents, including title insurance, travel accident & travel baggage insurance.
  • Newly licensed agents until after their first renewal or renewal eligibility has passed.
  • Non-residents exempt if in good standing in their resident state.
  • P/C Adjusters


Method to Certify Completion:

  • For Most States you will be able to print your certificate of completion online once you have completed your exam.
  • We usually report to the State Department of Insurance or regulatory board by the next business day.
  • It may, however, take your State DOI or regulatory board up to 30 days to report your completion results on their systems.
  • As an added service, we can Rapidly Report all of your completed courses the same business day (per credit order) for only $25.


Nonresidents:

  • Exempt if producer is in good standing in their resident state. Nonresident WC   adjuster must complete VT seminar.


Department of Insurance Contact Information:

            Vermont Department of Insurance
            Vermont Department of Banking, Insurance, Securities, and Health Care           Administration
            Agent Licensing

            89 Main St.
            Drawer 20
            Montpelier, VT 05620-3101
            PHONE: 802-828-3301
            FAX: (802) 828-3306

State Website: http://www.bishca.state.vt.us/

For a listing of the State Departments of Insurance websites provided by the NAIC (National Association of Insurance Commissioners),

Please go to: http://www.naic.org/state_web_map.htm

 

            The Success Family of CE Companies provides this information as a courtesy to individuals who are subject to insurance continuing education requirements.  Due to regulatory requirements we suggest that you contact your state department of insurance to insure that no regulatory changes have been enacted.  Although ongoing efforts have been made to qualify that the information provided here is accurate and current, neither The Success Family of CE Companies nor its employees warrant or represent that this information is accurate and current. All information is subject to change without notice.