Illinois- Long Term Care Made Simple

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:

  • Long Term Care

Credit Hours
4

Course Type
Online

DOI Number
30388

Publisher
FastrackCE, LLC

State
Illinois

State
State CE Requirements

CE Course Description

The number of aging Americans is growing—and as the population grows, so will the need for long-term care. Finding coverage for long-term care in America is problematic, however—Medicare and private insurance companies all have significant gaps that Long-Term Care insurance policies are designed to cover.

As an agent or producer selling Long-Term Care insurance, the stakes are high. Sell the wrong policy, and your customers could fail to get the coverage they need. Seniors and their families in this position often must take drastic measures to fund their care options, such as selling a house or cashing in on a retirement account. An insurance agent can help protect seniors and their families with a thorough understanding of the laws, regulations, and market that affect their customers.

This course satisfies national requirements for four-hour LTC insurance continuing education. It’s designed for Life and Health agents seeking a refresher on the most recent changes in Long-Term Care insurance regulations and market factors. Topics covered include:

  • Long-Term Care insurance: what it is, and what it covers.
  • Ethical sales of LTC insurance.
  • Suitability of policies.
  • Government-sponsored and alternative funding options.
  • Partnership programs.

Increase your knowledge of LTC while satisfying continuing education requirements. This course is available in convenient online format, allowing you to study on your own time—and test when you’re ready. Test-takers will receive results immediately after completion. Download this course today—and fulfill your commitment to ethical and informed sales of Long-Term Care insurance to your customers.

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