Maine- Life & Health Insurance Plans Policies

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:

  • Life and Health

Credit Hours
30

Course Type
Online

DOI Number
ME14432

Publisher
FastrackCE, LLC

State
Maine

State
State CE Requirements

CE Course Description

Together, life and health insurance are a huge part of the insurance industry as a whole—and a key part of our society’s safety net. As an insurance agent, you’ll sell life and health insurance to businesses large and small as well as individuals. Life and health insurance sales can be highly rewarding—and profitable.

This comprehensive course is approved for continuing education credit hours. It provides a thorough overview of life and health insurance—how the policies work, typical provisions, and laws and regulations affecting their sale. You’ll gain the in-depth understanding you need to serve as an expert resource to businesses and individuals—and build a thriving business as a Life & Health agent. Topics covered include:

  • Whole, term, permanent, and universal life insurance
  • Group, business, and survivorship life insurance
  • Variable products
  • Retirement plans
  • Health insurance plans and policies
  • HMO’s and PPO’s
  • COBRA and medical savings plans
  • Social health insurance
  • Workers’ Compensation
  • HIPAA and insurance law
  • Insurance fraud and ethics

This course is available in an easy-to-download online format. Study on your own time, in the comfort of your home or office—and meet your continuing education requirements while managing a full-time work schedule. Download this course today—and get started building your Life and Health expertise.

Required CE Hours for Renewal in Maine

  • All Licenses

    • 24 hours of CE credits each renewal period, out of the 24 hours 3 hours must be 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.

License Term

  • The term of the license is every 2 years from the date of agents birth month and year.
  • If agents birth year is an even numbered year then the license is to be renewed every even numbered year. If agents birth year is an odd numbered year then the license is to be renewed every odd numbered year.

Course Type approved for Continuing Education

  • Online courses
  • Independent Self-study
  • Classroom Study

Final Exam

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

Carryover CE Hours

  • CE credits may NOT be carried over from one term to another.

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

  • Agents who have had their license for less than a year.
  • Nonresident agents who are in good standing in their home state.

Maine Bureau of Insurance


Maine Toll Free Phone: 800-300-5000
Phone: 207-624-8475
Fax: 207-624-8599
Email: Insurance.PFR@maine.gov

Mailing Address:
Maine Bureau of Insurance
Department of Professional & Financial Regulation
Bureau of Insurance
#34 State House Station
Augusta, ME 04333-0034

Web site: Maine Bureau of Insurance