Oregon- 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 $1.00 per credit hour will be added to the total

Pricing based on total number of
hours in order.

Approved For:

  • Property and Casualty
  • Life and Health

Credit Hours
4

Course Type
Online

DOI Number
35386

Publisher
FastrackCE, LLC

State
Oregon

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 Oregon

  • All License

    • 24 hours of CE biennially, which must include at least 3 hours of ethics and another 3 hours must be of Oregon law.

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

  • You must submit a copy of the certificate of completion with your signed renewal application and renewal fee prior to the expiration date of your license. You are also required to keep a copy in your records for 3 years. Oregon Department of Insurance will mail you the renewal form that is needed. If you do not wish to mail renewal you may go to NIPR and renew online.

License Term

  • Individual Agents: The renewal term of the license is every 2 years based upon the agents birth month.
  • Agency agents: The renewal term of the license is every 2 years based upon the issuance date.

Course Type approved for Continuing Education

  • Online courses
  • Independent Self-study
  • Classroom Study

Final Exam

  • Independent online final exams do not need to be monitored.
  • Independent online 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, mailed with the renewal form received from the Oregon Insurance Division. A copy should be kept on file for three years.

Exemptions

  • Nonresident agents.
  • Agents selling limited lines that do not require and exam.
  • Retired agents at least 58 years old, licensed for at least 10 years, authorized to transact life insurance only, and only servicing existing policies. To use this exemption you must get Department approval.

Oregon Insurance Division


Phone: 503-947-7981
Fax: 503-378-4351
Email: web.insagent@state.or.us

Mailing Address:
Oregon Insurance Division
PO Box 14480
Salem, OR 97309-0405

Web site: Oregon Insurance Division