Maryland- Fundamentals of Commercial Property Cov.

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
15

Course Type
Online

DOI Number
3011

Publisher
FastrackCE, LLC

State
Maryland

State
State CE Requirements

CE Course Description

Commercial property insurance protects businesses against loss. With commercial property insurance, losing a major piece of property won’t mean the end of the business—protecting commerce as well as jobs. As a commercial lines agent selling property insurance, you play a major role in helping companies protect their assets—and the economy as a whole.

This comprehensive course is approved for continuing education. It’s ideal for agents interested in adding commercial property insurance to their business. Develop a thorough understanding of how commercial property insurance works; types of commercial property insurance in a wide range of industries; and common provisions and clauses. Topics covered include:

  • Basics of commercial property & casualty insurance.
  • Commercial package policies.
  • Commercial farm insurance.
  • Commercial inland marine insurance.
  • Industrial fire liability and insurance.
  • Commercial time element insurance coverage.
  • Catastrophic events, hazards, and insurance coverage.
  • Terrorism insurance coverage.
  • Flood insurance coverage.
  • Toxic mold syndrome and insurance coverage.
  • Commercial risk management and loss control.
  • Commercial insurance law and liability.
  • Commercial property insurance fraud.

Download this course in convenient online format, and meet your continuing education requirements quickly and easily. Schedule your studies on your own time—and receive test results immediately after completion. Order today and get started right away.

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