Virginia- Fundamentals of Commercial Casualty

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:

  • Property and Casualty

Credit Hours
15

Course Type
Online

DOI Number
211630

Publisher
FastrackCE, LLC

State
Virginia

State
State CE Requirements

CE Course Description

As an insurance agent selling commercial casualty insurance, you help companies protect themselves from legal liability for losses caused by injury or damage to the property of others. You help companies protect their assets in the case of unfortunate accidents—and ensure there’s enough money to pay lawful claims.

Casualty insurance is an important part of commercial lines insurance—and this course will give you an in-depth understanding of how it works. Also included is an overview of commercial lines insurance as a whole, including commercial property insurance. Gain the knowledge you need to start a successful commercial lines insurance business—or enhance your existing knowledge.

Topics covered include:

  • Basics of commercial property and casualty insurance.
  • Commercial general liability insurance.
  • Commercial form insurance.
  • Boiler, machinery, and glass insurance.
  • Commercial crime insurance and liability.
  • E-commerce liability.
  • Commercial farm insurance.
  • Industrial fire liability and insurance.
  • Principles of professional and product liability.
  • Commercial insurance law and liability.

Download this course online—and study on your own time, without conforming to a traditional class schedule. Take classes in the comfort of your home or office, and receive your test results immediately after completion. Order today and get started meeting your insurance continuing education requirements easily and conveniently.

Required CE Hours for Renewal in Virginia

  • One License

    • 16 CE hours biennially, which must include 3 hours in Ethics.
  • Multiple Licenses

    • 24 CE hours biennially, which must include 3 hours in 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.
  • Agents must pay any renewal or processing fees before credits will be applied to your license, to pay the processing fee you will need to go to Sircon.com, click on the Virginia continuance in the menu on the left side and follow the prompts.

License Term

  • License term is December 31st, every even numbered year.

Course Type approved for Continuing Education

  • Online courses
  • Independent Self-study
  • Classroom Study

Final Exam

  • Must be monitored by a disinterested third party who is not related to the test taker.
  • Final exam is closed book.
  • Must answer at least 70% of the questions correct to pass.

Carryover CE Hours

  • Hours may be carried over but have to be reported in the renewal period they were taken.
  • Extra Laws and Regulations can only be carried over as general CE hours and not Laws and Regulations

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
  • Nonresident agents who are in good standing in their own state.
  • Agents resident and nonresident who are 65 or older and have held a license in good standing for the last twenty years.
  • Agents who have had their licenses for less than one year at end of the renewal period.

Additional Information

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

Web Site:Sircon

CE Administrator

Pearson Vue
Phone: 877-234-6093
Email: InsuranceCE@pearson.com
Web Site:Pearson Vue

Virginia Bureau of Insurance

Virginia Bureau of Insurance
Phone: 800-552-7945 (Virginia Only)
Agents Licensing Phone: 804-371-9631
Email: bureauofinsurance@scc.virginia.gov

Mailing Address
Virginia Bureau of Insurance
Agent Licensing Section
P.O. Box 1157
Richmond, VA 23218
Web Site:Virginia Bureau of Insurance