Washington- Understanding Commercial Lines P&C

Total Hrs / Order Price
1-5 $13.95
6-17 $22.95
18-24 $39.95
25-50 $49.95
51+ $49.95 + $2.00 per
additional hour over 50

Pricing based on total number of
hours in order.

Approved For:

  • All Licenses

Credit Hours
21

Course Type
Online

DOI Number
328780

Publisher
FastrackCE, LLC

State
Washington

State
State CE Requirements

Description

Without commercial insurance, big business couldn’t exist. Commercial insurance acts as an economic lubricant, allowing businesses to recover from losses that would ordinarily bankrupt them. As a commercial lines agent specializing in Property and Casualty insurance, you help businesses safeguard their assets—and preserve their operations in the case of a major setback. This in turn protects the jobs of employees and our economy as a whole.

This extensive course is approved for property and casualty continuing education. It gives you a thorough understanding of Commercial Lines Property and Casualty Insurance from a professional perspective—in a wide range of industries. After you complete it, you should have advanced knowledge of how this type of insurance works—and your responsibilities as an agent.

Topics covered include:

  • Commercial general liability insurance.
  • The commercial package policy.
  • Commercial auto insurance.
  • Commercial inland marine insurance.
  • Commercial crime liability.
  • E-commerce liability and the new millennium.
  • Boiler, machinery, and glass insurance.
  • Industrial fire liability and insurance.
  • Professional and product liability.
  • Commercial time element insurance coverage.
  • Catastrophic, flood, and terrorism insurance coverage.

This course is available in online format—making fulfilling your continuing education requirements convenient and easy. Get access to test materials instantly, study on your own time, and receive your test results instantly after completion. Order this course today and improve your knowledge of Commercial Lines Property and Casualty insurance.

Required CE Hours for Renewal

  • All licenses

    • Complete a minimum of 24 approved credit hours for that license type per each two-year license term, including three hours of ethics continuing education training.

Special Training/Education Requirements (LTC, Flood, Ethics, others)

  • Long Term Care -LTC

    • Agents wishing to sell Long Term Care are required to take a one time only 8 hour Department of Insurance certified course
    • Each license term thereafter each agent must complete a 4 hour Long Term Care Partnership CE course that is approved by the department.
  • Flood Insurance Training

    • An insurance producer who sells flood insurance may satisfy the minimum training and education requirements by completing a 3-hour course related to the National Flood Insurance Program (NFIP).

How are Hours Reported

  • We will notify the Department of Insurance electronically completed hours within one business day. The licensee will also be rquired to self-report their completed hours to WAOIC. The licensee is required to print and keep the certificate of completion in their files for three years.

License Term

  • License term is every two years on the last day of the licensed agents birth date.

Course Type approved for Continuing Education

  • Online courses
  • Independent Self-study
  • Classroom Study

Final Exam

  • Non-Monitored Open Book Exam
  • Must answer at least 70% of the questions correct to pass.

Carryover CE Hours

  • CE credits may not be carried over from one term to the next.

Repeating Courses

  • Courses can not be repeated in a three year period.

Completion Certificates

  • Certificates of completion are available as soon as a course is completed with a passing grade. Certificates should be printed and kept on file for 3 years.

Non-residents (except for LTC)

  • Nonresident agents wanting to sell LTC products will have to complete the same courses as resident agents.

State of Washington, Office of Ins. Commissioner
Agents/Brokers Division

CE information (360) 725-7146 or (800) 725-7146
Renewal information (360) 725-7144
Fax (360) 586-2019
Email: licinfo@oic.wa.gov

Mailing Address:
State of Washington, Office of Ins. Commissioner
Agents/Brokers Division
P.O. Box 40255
Olympia, WA 98504-0255