Washington- Duties after Loss

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
7

Course Type
Online

DOI Number
620790

Publisher
FastrackCE, LLC

State
Washington

State
State CE Requirements

CE Course Description

No matter what type of insurance you sell, understanding the policy’s terms, conditions, and exclusions allows you to give more insightful advice to your clients—and become a valuable resource to both business and individual customers. You are not required to discuss every possible situation which might arise and whether that situation would be covered under the policy, but you must inform clients when the policy does not cover a particular risk about which they asked.

In this course, you’ll review some of the basic components of four common insurance policies: auto insurance, homeowners insurance, personal umbrella insurance, and workers’ compensation insurance. As an insurance professional, you should always point out the policy’s “Conditions” and “Duties After Loss” sections to your clients. Your insureds should read and understand their insurance policies so that they know what to do when a loss occurs. If insureds do not comply with the policy conditions, the insurance company could be relieved of its obligation to pay for the loss. Topics covered in this course include:

This course is approved for continuing education in the subject of workers’ compensation insurance in your state. Topics covered include:

  • Legal liability for accidents
  • Auto insurance coverages and insureds duty after loss
  • Homeowner insurance forms and insureds duty after loss
  • Personal umbrella policy and insureds duty after loss
  • Workers’ compensation and insureds duty after loss
  • Types of damages awarded after a loss

This course is offered in convenient online format, allowing you to build your expertise while satisfying your continuing education requirements—quickly and easily. Receive class materials immediately, study when and where it’s convenient for you, and see your exam results instantly after testing. Online education is ideal for busy professionals who need to fit their studies around a full-time job.

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