Washington- Life Insurance 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:

  • All Licenses

Credit Hours
2

Course Type
Online

DOI Number
619473

Publisher
ABC Self Study

State
Washington

State
State CE Requirements

CE Course Description

Life insurance provides a valuable safety net to millions of families throughout the US—protecting them from financial disaster in the event of the loss of a loved one. As a Life and Health insurance producer, you give your insureds the peace of mind that comes with knowing their families will be protected in the event of tragedy.

This course gives you in-depth information about life insurance—how it works, typical policy provisions, and laws and regulations affecting its sale and operation. It provides you with the expertise you need to help your clients determine the right policy—and build a thriving insurance sales business based on the protection of families. Topics covered include:

  • Life insurance policies: how they work.
  • Types of life insurance.
  • Premiums and policy provisions.
  • Typical exclusions and restrictions.
  • Settlement, nonforfeiture, and dividend options.
  • Policy underwriting.
  • Risk selection and classification.

This course is available in convenient online format—allowing you to study in the comfort of your own home or office, without conforming to a regular class schedule. Study when it’s convenient for you—without disrupting your work and family obligations—and receive test results immediately after completion. Order this course today and get started meeting your insurance continuing education 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, including three hours of ethics continuing education training.

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 are Hours Reported

  • We will notify the Department of Insurance electronically completed hours within one business day. The licensee will also be rquired to self-report their completed hours to WAOIC. The licensee is required to print and keep the certificate of completion in their files for three years.

License Term

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

Course Type approved for Continuing Education

  • Online courses
  • Independent Self-study
  • Classroom Study

Final Exam

  • Non-Monitored Open Book Exam
  • Must answer at least 70% of the questions correct to pass.

Carryover CE Hours

  • CE credits may not be carried over from one term to the next.

Repeating Courses

  • Courses can not be repeated in a three year 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 for 3 years.

Non-residents (except for LTC)

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

State of Washington, Office of Ins. Commissioner
Agents/Brokers Division

CE information (360) 725-7146 or (800) 725-7146
Renewal information (360) 725-7144
Fax (360) 586-2019
Email: licinfo@oic.wa.gov

Mailing Address:
State of Washington, Office of Ins. Commissioner
Agents/Brokers Division
P.O. Box 40255
Olympia, WA 98504-0255