Illinois- FEMA-Flood Ind-Req.

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:

  • NFIP Flood

Credit Hours
3

Course Type
Online

DOI Number
30386

Publisher
FastrackCE, LLC

State
Illinois

State
State CE Requirements

CE Course Description

Flooding is the nation's #1 natural disaster. In just the past 10 years (1996-2005), annual flood losses in the United States averaged $2.4 billion per year. Currently nearly 5 million policyholders are protected with flood insurance policies; however many more homeowners remain at risk.

Due to its catastrophic nature, flood damage is excluded in homeowners’ insurance policies.

Many homeowners mistakenly believe they are covered for flood losses, when in fact they must purchase flood insurance through FEMA and the National Flood Insurance Program (NFIP) in order to have such coverage.

NFIP policies are sold by property insurance agents, which means a producer must be up to date on the National Flood Insurance Program, its coverage, conditions and more. This is the purpose of the online continuing education course, Flood Insurance Made Simple.

This self-study CE course begins with a discussion of flooding and the disastrous damage it can cause, including:

  • Definition of flooding and its causes;
  • Who is at risk of flood damage; and
  • Misconceptions about FEMA’s Natural Disaster relief.

From there, we delve into the National Flood Insurance Program:

  • Flood coverage
  • Definition of Flood Zones
  • Low, Moderate and High Risk Flood Zones
  • How to buy a flood insurance policy
  • Underwriting
  • Community rating
  • Choosing a deductible
  • What is insured against flood damage; and
  • How flood damage is valued.

A large portion of this online CE course examines flooding in general – including specific cases of flooding and the damage caused. It is important for property insurance agents to be able to convey to homeowners that everyone is at risk for flood damage. Therefore, we make a significant effort to inform agents on:

  • Flood misconceptions
  • How floods can happen anywhere
  • Causes of flooding
  • Why homeowners cannot rely on disaster relief from the federal government; and

This continuing education course explores and describes the key elements of floods, flooding, and insuring against them through flood Insurance in general and the National Flood Insurance Program (NFIP) in specific. This concise study of floods and flood insurance provides students with interesting, informative, and applicable facts, figures, and real life examples of what Mother Nature dishes out. It also points out what people can and should do to deal and cope with the devastating consequences of floods. This CE course may satisfy the state CE requirement for NFIP (please check with your state to confirm the flood course requirements).

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