Kaplan University School of Professional and Continuing Education Kaplan University School of Professional and Continuing Education

Vermont Insurance Continuing Education (CE) Requirements

89 Main Street, Montpelier, VT 05620 - 3101
Main Number: 802-828-3301
Insurance Producer Licensing:
(802) 828-3303
dfr.producerlicensing@vermont.gov

An agent or producer selling, soliciting or negotiating the sale of any long-term care insurance policy must complete one, eight (8) hour course specific to long-term care, not less than two hours of which shall contain Vermont-specific information including Vermont Medicaid information. The Vermont-specific information can be part of an eight-hour course or may be provided as a separate course.

Insurance agents or producers licensed to sell long-term care insurance policies must complete the one-time eight-hour training before the agent or producer may sell, solicit or negotiate the sale of any long-term care insurance policy.

An agent or producer selling, soliciting or negotiating the sale of any long-term care insurance policy must also complete no less than four (4) hours of ongoing training every 24 months ending March 31st of odd-numbered calendar years. For resident licensees, this training can count towards the twenty-four (24) hours of continuing education required.

Resident Requirements

Licensees must complete 24 hours of CE, including 3 hours of ethics, every 2 years by March 31st of odd numbered years. A licensee is exempt from fulfilling his/her CE until after the first initial period of licensing. A maximum of 6 hours can relate to insurance agency management in a review period.
 

All property/casualty producers are required to take a one-time 3 hour Flood Insurance course.

Non Resident Requirements

A non-resident producer who resides in a state or district that has a continuing education requirement and who has satisfied such requirement is exempt from Vermont CE.

Course Repetition

Course repetition is not permitted within the compliance/renewal period.

Exam Rules

Online certification exams are closed book. Course materials are not available while the exam is in progress. The final exam must be passed with a score of 70% or higher to receive CE credit. If the exam is not passed on the first attempt, students have an unlimited number of retakes.

Proctor/Monitor Requirements

Online exams must be monitored by a disinterested third party. A disinterested third party certifies that the licensee completed the exam without assistance (i.e., closed book, no tiling, layering of screens, etc.) and is someone who has no financial interest in the success or failure of the student’s ability to maintain their license. The monitor must complete the online Declaration of Compliance.
 

If the licensee launches the exam without a monitor present, he/she will be disqualified from receiving CE credit for the course. Completion of the Declaration of Compliance acknowledges understanding and adherence to the specific requirements outlined by the State Department of Insurance. The Declaration of Compliance is electronically transmitted to Kaplan upon completion of the exam and may be audited for compliance purposes.

Period Requirements

The Vermont license term expires on March 31, of odd-numbered years.

Carryover Requirements

No carryover is permitted.

Reporting Requirements

Report within 20 days of completion. Need Agent’s license number to report.

State Reporting Fees

The Vermont Department of Insurance requires a course reporting fee of $1.50 per credit hour (online, self-study and classroom courses). This state reporting fee will be automatically charged to you (on the last credit card used in your account) each time you complete an online, self-study, or classroom course.

Instructor Credit

Individuals acting as instructors for continuing education courses receive the same amount of CE credit as his or her students receive for taking the class.

Acceptable Training Methods

  • Online (Internet Delivery)
  • Correspondence (Print)
  • Classroom
  • Company Seminars

Notice

This information is based on state laws and regulations and is subject to change. Kaplan Financial Education makes every effort to make sure this information is current and accurate, however, Kaplan Financial Education is not engaged in rendering legal or professional advice and shall not be held responsible for inaccuracies contained herein.