Delaware- Fundamentals of Commercial Property Cov.

Total Hrs / Order Price
1-5 $15.95
6-17 $24.95
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
3

Course Type
Online

DOI Number
27943

Publisher
FastrackCE, LLC

State
Delaware

State
State CE Requirements

CE Course Description

Commercial property insurance protects businesses against loss. With commercial property insurance, losing a major piece of property won’t mean the end of the business—protecting commerce as well as jobs. As a commercial lines agent selling property insurance, you play a major role in helping companies protect their assets—and the economy as a whole.

This comprehensive course is approved for continuing education. It’s ideal for agents interested in adding commercial property insurance to their business. Develop a thorough understanding of how commercial property insurance works; types of commercial property insurance in a wide range of industries; and common provisions and clauses. Topics covered include:

  • Basics of commercial property & casualty insurance.
  • Commercial package policies.
  • Commercial farm insurance.
  • Commercial inland marine insurance.
  • Industrial fire liability and insurance.
  • Commercial time element insurance coverage.
  • Catastrophic events, hazards, and insurance coverage.
  • Terrorism insurance coverage.
  • Flood insurance coverage.
  • Toxic mold syndrome and insurance coverage.
  • Commercial risk management and loss control.
  • Commercial insurance law and liability.
  • Commercial property insurance fraud.

Download this course in convenient online format, and meet your continuing education requirements quickly and easily. Schedule your studies on your own time—and receive test results immediately after completion. Order today and get started right away.

Required CE Hours for Renewal in Delaware

  • All Agents

    • 24 hours of CE biennially, which must include at least 3 hours of ethics.
  • All Public Adjusters and Fraternal Producers

    • 12 hours of CE biennially, which must include at least 3 hours of ethics.

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

  • Long Term Care -LTC

    • Agents wishing to sell Long Term Care are required to take a 3 hour Delaware Department of Insurance certified course every two year renewal term.
  • Flood Insurance Training

    • An insurance producer who sells flood insurance may satisfy the minimum training and education requirements by completing a 2-hour course related to the National Flood Insurance Program (NFIP).

How Hours are Reported

  • CE completions are submitted electronically the next business day after a passing completion is acquired.

License Term

  • Resident agents are required to complete credits by the last day of February of even numbered years. Each biennial license period shall commence on March 1st and end on the last day of February of even numbered years.
  • Nonresident agents are required to complete credits by the last day of February of odd numbered years. Each biennial license period shall commence on March 1st and end on the last day of February of odd numbered years.

Course Type approved for Continuing Education

  • Online courses
  • Independent Self-study
  • Classroom Study

Final Exam

  • Final exams do not have to be monitored.
  • Final exams are open book.
  • A passing grade of at least 70% required to pass the course.

Carryover CE Hours

  • Only 5 CE credit hours may be carried over from one term to another. Excess LTC and ethics hours will be counted as general education hours.

Repeating Courses

  • Courses may not be taken for credit more than once in each renewal 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.

Exemptions

  • Limited Lines Producers writing consumer credit, title, crop/hail, surety and car rental insurance.
  • Limited Lines Producers licensed under 18 Del. C. 1707(b)(2) for life insurance or annuity products used solely to fund pre-need arranged funeral program.
  • Nonresident adjusters and Nonresident public adjusters.
  • Resident adjusters licensed solely for surety and/or Marine & Transportation

Delaware Department of Insurance


Phone: 302-674-7300
Continuing Education: 302-674-7393 Fax: 302-739-5280
Email: stacy.washburn@state.de.us

Mailing Address:
Delaware Department of Insurance
Licensing Division
841 Silver Lake Blvd.
Dover, DE 19904

Web site: Delaware Department of Insurance