Illinois- Fundamentals of Commercial Casualty

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
12

Course Type
Online

DOI Number
72962

Publisher
FastrackCE, LLC

State
Illinois

State
State CE Requirements

CE Course Description

As an insurance agent selling commercial casualty insurance, you help companies protect themselves from legal liability for losses caused by injury or damage to the property of others. You help companies protect their assets in the case of unfortunate accidents—and ensure there’s enough money to pay lawful claims.

Casualty insurance is an important part of commercial lines insurance—and this course will give you an in-depth understanding of how it works. Also included is an overview of commercial lines insurance as a whole, including commercial property insurance. Gain the knowledge you need to start a successful commercial lines insurance business—or enhance your existing knowledge.

Topics covered include:

  • Basics of commercial property and casualty insurance.
  • Commercial general liability insurance.
  • Commercial form insurance.
  • Boiler, machinery, and glass insurance.
  • Commercial crime insurance and liability.
  • E-commerce liability.
  • Commercial farm insurance.
  • Industrial fire liability and insurance.
  • Principles of professional and product liability.
  • Commercial insurance law and liability.

Download this course online—and study on your own time, without conforming to a traditional class schedule. Take classes in the comfort of your home or office, and receive your test results immediately after completion. Order today and get started meeting your insurance continuing education requirements easily and conveniently.

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