Continuing Education Requirements for Insurance Producers

What this document is

Vermont Regulation I-2000-02 (Revised) - Continuing Education Requirements for Insurance Producers is a regulation published by Vermont Department of Financial Regulation (formerly Department of Banking, Insurance, Securities and Health Care Administration). It is one of the Vermont documents that insurance license exam questions are written from, including vermont personal lines practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• Vermont Reg. I-2000-02, Section 3.C (Definitions; Credit hour)

  “"Credit hour" means fifty minutes of classroom instruction or the equivalent thereof as determined by the Commissioner.”

• Vermont Reg. I-2000-02, Section 4.B (Continuing Education Requirement for Producers)

  “The continuing education requirements of subsection A shall not apply to a producer until after the first renewal or first eligibility for renewal of his or her license, on or after October 1, 2000.”

• Vermont Reg. I-2000-02, Section 5.E (Providers; renewal of registration)

  “A provider must renew its registration in the manner prescribed by the Commissioner at least 60 days prior to the expiration of the registration period. Failure to renew registration will result in the expiration of the provider's approval and all of such provider's previously approved courses.”

• Vermont Reg. I-2000-02, Section 5.F.9 (Providers; recordkeeping)

  “Maintain accurate records of courses offered, instructors, student attendance, and student course completion for at least five (5) years from the date of course completion.”

• Vermont Reg. I-2000-02, Section 5.H.1 (Providers; fees)

  “If a course is cancelled for any reason, the provider shall refund the fees for a course within thirty (30) days of cancellation or, at the request of the producer, transfer the fee to another course offered by the provider.”

• Vermont Reg. I-2000-02, Section 7.B.5 (Credit Hours; NFIP requirement)

  “Beginning with the review period ending March 31, 2009, a producer licensed to sell property and casualty insurance must complete one, three (3) hour course of the producer's twenty-four (24) hours of continuing education related to the National Flood Insurance Program (NFIP). This requirement: a....”

• Vermont Reg. I-2000-02, Section 8.B.3 (Instructors; responsibilities)

  “Provide accurate records of successful course completion to the course provider within ten (10) working days from the date of the course.”

Practice this material

Questions about this source

More Vermont sources

• Vt. Stat. Ann. tit. 8, ch. 103: Life insurance policy provisionsState statute
• Vt. Stat. tit. 8, s. 4723 - Unfair methods of competition or unfair or deceptive acts or practices prohibitedState statute
• Vt. Stat. tit. 8, s. 4724 - Unfair methods of competition or unfair or deceptive acts or practices definedState statute
• Vt. Stat. tit. 8, s. 4800 - License requirementsState statute
• Vt. Stat. tit. 8, s. 4804 - License denial, nonrenewal, or termination causesState statute
• Vermont Statutes Title 8 Chapter 107 - Health Insurance (Secs. 4011-4093)State statute
• Vermont Producer's Examination for Casualty Insurance (Series 14-42) - Exam Content OutlineCandidate handbook or exam outline
• Vermont Producer's Examination for Life, Accident, Health and HMO - Exam Content Outline (Series 14-29)Candidate handbook or exam outline