Hello, Vermont Insurance.
Continuing Education Requirements
This information is intended to provide answers to commonly asked questions by insurance agents. It is not intended to replace detailed information found in your state’s statutes and regulations. Though we have made reasonable efforts to ensure that the information given is reliable and current, we cannot guarantee that it is. For more information please contact your state insurance department. See contact information below.
Hours Required
24 credit hours are required biennially
Compliance Date
The compliance period begins on April 1st of odd years and ends on March 31st, two years later.
Approved Course Delivery Methods
• Independent self-study online or written courses (passing grade of 70% required on final exam)
• Classroom
• Seminar
• Interactive Online
Exam Requirements
Self-study final exams must be monitored by a disinterested 3rd party (i.e. someone who has no family or business relationship with the student.)
Course Subject Requirements
All agents must earn 3 credits categorized as ethics.
Producers licensed for property and casualty have a one-time requirement to take a three-credit course on the NFIP.
An Agent or Producer selling LTC Insurance 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 Producer must also complete no less than four (4) hours of ongoing training every 24 months ending March 31st of odd-numbered calendar years.
CE credit for Workers' Compensation Adjusters currently requires in-person conference. Beginning April 1, 2024, the Department of Financial Regulation will begin allowing other methods (virtual, other conference, in-person meeting, etc.) of continuing education for Workers' Compensation Adjusters. An 8-credit requirement will be needed per adjuster per cycle.
Carryover Credits
Carryover of excess credits is not permitted.
Course Repetition
Credit will not be given for a course taken more than once in a two-year period.
Exemptions
• Limited lines representative/agents, including title insurance, travel accident & travel baggage insurance
• Newly licensed agents until after their first renewal or renewal eligibility has passed
• Non-residents are exempt if the home state requires CE and the producer submits a filing fee and current letter of certification (within 180 days) indicating compliance.
• P/C Adjusters have no ce requirement
Credit Reporting
Cape will report continuing education credits to SBS within 15 days of course completion. A certificate of completion will be provided for your records.
Contact Information:
If you have any questions regarding renewal or credits, please contact:
Vermont Department of Financial Regulation
Insurance Division
89 Main St., Drawer 20
Montpelier, VT 05620-3101
(802) 828-3303
Vermont Department of Financial Regulation
Contact Cape:
Cape School, Inc.
P.O. Box 169
Buckingham, VA 23921
Phone: 800-729-7363
Fax: 888-303-1828
Or email us below
Webinar
Webinar CE
• No Exam
• Weekday, Weekend, and Evening Webinars Available
• Live Classes on your Computer
• Convenient, Easy, and Affordable
Teleconference
Teleconference CE
No Test! Credits are Based on Attendance
• Localized Phone Numbers to Select from
• You may Participate or you may just Listen
• Participate from Anywhere you have Access to a Phone
Self-Study
Self-Study CE
• Online and Textbook Courses
• Take Courses on your Schedule
• Variety of Topics
Have Questions? Call us at # 800-729-7363 or reach us by email at info@capeschool.com.