Maryland- Ethics in 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 $0.60 per credit hour will be added to the total

Pricing based on total number of
hours in order.

Approved For:

  • Property and Casualty

Credit Hours
3

Course Type
Online

DOI Number
4689

Publisher
FastrackCE, LLC

State
Maryland

State
State CE Requirements

CE Course Description

To practice ethically in today’s insurance market, you need more than good intentions. You need the specific tools and knowledge necessary to recognize and resolve ethical dilemmas with integrity—and in full compliance with regulations set forth by the industry and the government.

This course satisfies ethics continuing education requirements for Life and Health as well as Property / Casualty agents and producers in most states (some states still require the ethics course to be taken in a classroom). It’s designed to provide insurance professionals with the expertise needed to handle complex ethical issues that arrive within the course of their work—as well as fulfilling insurance continuing education requirements.

Topics covered in this course include:

  • Ethics and fraud legislation at the federal level.
  • Consumer protection laws in multiple states.
  • Fair credit scoring.
  • Ethical sales, claims, and underwriting procedures.
  • Fair market conduct for insurance agents and producers.
  • Fiduciary duties.
  • Consumer privacy laws and regulations.
  • Product suitability for individual buyers.

This continuing education course in insurance ethics is offered in a convenient online format. Simply download the PDF and get started—and get your test results as soon as you finish. With online continuing education, you can complete your requirements quickly and easily—without waiting for test results or scheduling classes around a busy work and family life. Download this course on continuing ethics today—and increase your awareness of ethical issues within the insurance industry.

Required CE Hours for Renewal in Maryland

  • 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)

  • State of Maryland-LTC

    • Agents wishing to sell Long Term Care are required to take a one time only state approved 2 hour Maryland Long Term Care Course.
  • 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 must take 2 hours of approved flood courses every 2 years.

How Hours are Reported

  • CE completions are submitted electronically the next business day after a passing completion is acquired. A fee of $0.60 fee will be charged for processing of your credit hours for each course taken and will be added to your check out total.

License Term

  • EFFECTIVE APRIL 11, 2011 The license term will be every two years based upon the agents birth date.
  • EXAMPLE 1 Your current license expires 05/01/2011, and your date of birth is 10/25/75. In this case your license will be renewed once all documentation and fees are received and you will receive an expiration date of 10/31/2013.
  • EXAMPLE 2Your current license expires 01/02/2013, and your date of birth is 12/04/66. In this case your license will be renewed once all documentation and fees are received and you will receive an expiration date of 12/31/2015.

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 are Maryland attorneys selling title insurance and are in good standing with the Maryland Court of Appeals.
  • Nonresident agents who are in good standing in their home state.

Maryland Insurance Administration


Toll Free Phone: 888-204-6198
Phone: 410-468-2006
Fax: 410-468-2399

Mailing Address:
Maryland Insurance Administration
Attn: Producer Licensing
200 St. Paul Place, Suite 2700
Baltimore, MD 21202

Web site: Maryland Insurance Administration