Oregon- 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
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

Credit Hours
14

Course Type
Online

DOI Number
35390

Publisher
FastrackCE, LLC

State
Oregon

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 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