Illinois- Beyond Insurance

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
In addition: A State filing fee of $0.35 per credit hour will be added to the total

Pricing based on total number of
hours in order.

Approved For:

  • General

Credit Hours
3

Course Type
Online

DOI Number
30375

Publisher
Affordable Educators

State
Illinois

State
State CE Requirements

CE Course Description

Insurance agents are in the asset protection business. And for most agents, risk management and protection is a big part of the job. But no insurance policy is airtight. Some clients are underinsured or can’t be fully insured—and there are times when the policy can fail to insure. In addition, market forces push insurance companies out of business from time to time—leaving clients exposed.

That’s why it’s important to look beyond insurance when it comes to protecting client assets. For more foolproof coverage, it’s necessary to be aware of legal and asset protection planning strategies that will keep your clients’ assets covered in case of a failure to insure—for whatever reason. No matter the type of insurance you sell, it’s important to be aware of gaps and flaws in coverage—and where the solutions can be found.

This course helps you assess your clients’ coverage needs—and design back-up protection plans that will truly protect them in an unpredictable world. Topics covered include:

  • When insurance fails to insure.
  • Asset protection planning.
  • Legal protection theory.
  • Problems with legal entity protection.
  • Offshore protection.
  • Multi-entity protection and structuring.

This course is available in convenient online format, allowing you instant access to class materials and test results. Study on your own time—and in the comfort of your own home or office—and meet your state insurance continuing education requirements easily and conveniently. Order this course today and get started.

Required CE Hours for Renewal in Illinois

  • All Licenses

    • 24 CE hours biennially (even years), which must include three hours of Classroom 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 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 Hours are Reported

  • CE completions are submitted electronically the next business day after a passing completion is acquired. The department recognizes the passing/completion date as the final date and not the submit date.

License Term

  • License term is every two years based on when the license was issued. If issued in an even year its every even year, and if issued in odd year it is every odd year.

Course Type approved for Continuing Education

  • Online courses
  • Independent Self-study
  • Classroom Study

Final Exam

  • Final is not monitored.
  • Final exam is open book.
  • Must answer at least 70% of the questions correct to pass.

Carryover CE Hours

  • 15 CE credits my be carried over to the next renewal period.

Repeating Courses

  • Courses may not be taken 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.

CE Exemptions

  • Limited lines agents
  • Agents with a temporary license.
  • Agents with any of the following limited licenses: baggage, limited travel health, trip cancellation, industrial life or industrial health.
  • Nonresident agents who have completed the CE requirements and are in good standings in their home state.

Additional Information

Third Party Contact: SBS
Phone: 816-783-8990

Email: sbshelp@naic.org

Illinois Department of Insurance

Illinois Department of Insurance
Phone: Springfield (217) 782-4515
Fax: (217) 782-5020
Email: DOI.Licensing@illinois.gov

Mailing Address
Illinois Department of Insurance
Springfield Office
320 W. Washington Street
Springfield, IL 62767-0001
Web Site:Illinois Department of Insurance