Washington- Ethics and the Senior Market

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:

  • Ethics

Credit Hours
3

Course Type
Online

DOI Number
601698

Publisher
FastrackCE, LLC

State
Washington

State
State CE Requirements

CE Course Description

The senior market in California is growing. The number of seniors in California is expected to double between 2000 and 2020, with approximately one in every five Californians over 65 by 2030. With California’s senior population expanding, it’s crucial for producers to understand the unique ethical challenges and issues specific to this market.

This course focuses on ethics for the senior market. It meets California 4-hour ethics training regulations and can be used to fulfill your California continuing education requirements for ethics. And it’s focused on helping insurance professionals develop a sound ethical foundation for building a senior-centered client base.

With this course, you’ll learn about ethical selling practices and issues specific to seniors—and how to make strong ethical decisions within a complex and challenging business environment. It provides you with the practical tools you need to operate with integrity across the broad senior market landscape. And it makes you aware of the many frauds and schemes targeting seniors in today’s marketplace. Topics covered include:

  • California laws and consumer protections regarding seniors.
  • Common schemes targeting seniors.
  • Suitability of products.
  • Fair claims practices.
  • Fair underwriting practices.
  •  Credit scoring.
  • Consumer privacy.
  • Fair sales practices.
  • Market conduct.
  • Consumer protection regulations.

This course is designed for working professionals. It’s delivered in an easy-to-download online format, allowing you to study on a schedule that’s convenient for you. And we get you study materials and test results quickly, so you can meet your California continuing education requirements within the deadline.

Order this course today—and start earning your California continuing education ethics credits without delay.

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