Pennsylvania- Flood Insurance 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 $4.00 per course ordered will be added to the total

Pricing based on total number of
hours in order.

Approved For:

  • All Licenses

Credit Hours
3

Course Type
Online

DOI Number
114223

Publisher
FastrackCE, LLC

State
Pennsylvania

State
State CE Requirements

CE Course Description

Flooding is the nation's #1 natural disaster. In just the past 10 years (1996-2005), annual flood losses in the United States averaged $2.4 billion per year. Currently nearly 5 million policyholders are protected with flood insurance policies; however many more homeowners remain at risk.

Due to its catastrophic nature, flood damage is excluded in homeowners’ insurance policies.

Many homeowners mistakenly believe they are covered for flood losses, when in fact they must purchase flood insurance through FEMA and the National Flood Insurance Program (NFIP) in order to have such coverage.

NFIP policies are sold by property insurance agents, which means a producer must be up to date on the National Flood Insurance Program, its coverage, conditions and more. This is the purpose of the online continuing education course, Flood Insurance Made Simple.

This self-study CE course begins with a discussion of flooding and the disastrous damage it can cause, including:

  • Definition of flooding and its causes;
  • Who is at risk of flood damage; and
  • Misconceptions about FEMA’s Natural Disaster relief.

From there, we delve into the National Flood Insurance Program:

  • Flood coverage
  • Definition of Flood Zones
  • Low, Moderate and High Risk Flood Zones
  • How to buy a flood insurance policy
  • Underwriting
  • Community rating
  • Choosing a deductible
  • What is insured against flood damage; and
  • How flood damage is valued.

A large portion of this online CE course examines flooding in general – including specific cases of flooding and the damage caused. It is important for property insurance agents to be able to convey to homeowners that everyone is at risk for flood damage. Therefore, we make a significant effort to inform agents on:

  • Flood misconceptions
  • How floods can happen anywhere
  • Causes of flooding
  • Why homeowners cannot rely on disaster relief from the federal government; and

This continuing education course explores and describes the key elements of floods, flooding, and insuring against them through flood Insurance in general and the National Flood Insurance Program (NFIP) in specific. This concise study of floods and flood insurance provides students with interesting, informative, and applicable facts, figures, and real life examples of what Mother Nature dishes out. It also points out what people can and should do to deal and cope with the devastating consequences of floods. This CE course may satisfy the state CE requirement for NFIP (please check with your state to confirm the flood course requirements).

Required CE Hours for Renewal

  • All licenses

    • Complete a minimum of 24 approved credit hours for that license type per each two-year license term.

Special Training/Education Requirements (LTC, Flood, Ethics, others)

  • Long Term Care -LTC

    • EFFECTIVE APRIL 1, 2011: All agents licensed before April 1, 2011 are required to take a one time only 8 hour Department on Long Term Care by April 1, 2012.
    • 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

  • We will notify Sircon electronically of completed hours within one business day. The licensee is required to print and keep the certificate of completion for their files.

License Term

  • License term is every two years on the last day of the licensed agents birth month.

Course Type approved for Continuing Education

  • Online courses
  • Independent Self-study
  • Classroom Study

Final Exam

  • Final exams are to be monitored by a disinterested third party.
  • Final exams are closed book.
  • Must answer at least 70% of the questions correct to pass.

Carryover CE Hours

  • Up to 24 CE credits can be carried over per license term.

Repeating Courses

  • Courses can not be repeated in a two year 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.

Non-residents (except for LTC)

  • Nonresident agents wanting to sell LTC products will have to complete the same course requirements as resident agents.

Additional Information

Third Party Contact: Sircon
Phone: 877-876-4430
Fax: 404-656-0874

Web Site:Sircon

Pennsylvania Insurance Department

Phone: 717-787-3840
Fax: 717-787-8553
Email: ra-in-producer@state.pa.us

Mailing Address:
Pennsylvania Insurance Department
Bureau of Producer Services
1209 Strawberry Square
Harrisburg, PA 17120 Web Site:Pennsylvania Insurance Department