Insurance License Renewal
The license term is 2 years ending March 31 in odd-numbered years.
State Insurance Product Training Requirements
Long-Term Care Partnership Training
State required training for insurance producers that sell long-term care partnership products.
Frequency: One-time training must be complete prior to selling LTC products. 2 hours must contain Vermont-specific information including Vermont Medicaid information.
Frequency: Ongoing training must be completed every license period, following the initial training requirement.
NFIP Flood Training
State required training for insurance producers that sell flood insurance products.
Frequency: One-time training must be complete prior to selling flood insurance products.
Insurance CE Exam Requirements
Self-study final exams are closed book. Producers may not refer to the course material while the exam is in progress. If the final exam is not passed on the first attempt, students have an unlimited number of retakes.
Self-study final exams are required to be monitored by a disinterested third party. The monitor can be any impartial person who is not concerned with the result of the examination or the success of the student. The monitor cannot be related (by family) to the student. (Examples of impartial persons are teachers, librarians, church leaders, neighbors, etc.)
Self-Study Final Exam: 70%
Repetition and Carryover
Carryover of excess CE credit hours is not allowed.
Courses may not be taken for credit more than once in a 2-year license term.
Reporting and Insurance CE Certificates of Completion
Certificates of Completion
WebCE provides online, printable certificates of completion in Vermont. Certificates of completion are available to print online immediately after the final exam is passed. Certificates should not be sent to the Vermont Insurance Division unless required for auditing purposes. Students are required to maintain the certificate of completion in his or her files for the current and most recently completed licensing periods as official evidence of compliance of their Vermont CE.
Instant Reporting: Insurance CE credits are immediately reported to Sircon upon course completion.
Insurance CE Course Requirements
Producers can take courses through self-study.
Self-Study Requirements: Students should read the course material prior to taking a closed-book, proctored final exam.
Any course approved for CE in Vermont may be taken for credit. A maximum of 6 hours related to insurance agency management may be taken for CE credit per review period. WebCE does not offer insurance agency courses.
Non-Resident Insurance CE Requirements
State-Specific Insurance Product Training
Long-Term Care Training
- Initial 8-hour LTC training requirement: Producers licensed to sell LTC insurance products in Vermont after March 31, 2010, must complete a one-time initial 8-hour NAIC LTC training course before they can sell, solicit, or negotiate LTC Products. 2 hours must contain Vermont-specific information including Vermont Medicaid information.
- Ongoing 4-hour LTC training requirement: After completing the 8-hour initial training requirement, producers must complete 4 hours of LTC training on or before March 31 of odd-numbered calendar years.
- Vermont Medicaid and the Long-Term Care Partnership Program: Non-residents who have completed another state’s qualified LTCP course will need to complete a 2-hour Vermont specific Medicaid course.
Non-Resident Insurance CE Requirements
If the licensee has not taken a NAIC LTC training course in another state and 2 hours of Vermont Medicaid training, the non-resident producer selling LTC must comply with the Vermont LTC training requirements.
Exemptions from Insurance CE Requirements
Insurance CE Exemptions
The following are exempt from CE requirements:
- Producers licensed less than 2 years at the time of first renewal.
- Limited Line Representatives, including Title Insurance, Travel Accident, and Travel Baggage Insurance
- Nonresident licensees in good standing with their home state
- Property and Casualty adjusters
- Public adjusters
- Crop adjusters
Vermont Department of Financial Regulation
WebCE provides information as a courtesy to individuals who are subject to continuing education (CE) as insurance producers, agents, adjusters and/or brokers. Although reasonable efforts have been made to ensure that the information provided here is accurate and current, neither WebCE nor its employees warrant or represent that this information is accurate and current. All information is subject to change without notice.