The National Flood Insurance Program (NFIP) - MT
Insurance Continuing Education in Montana
$19.95
5 credit hours
* A roster fee of $1.00 per credit is required to file Insurance Continuing Education credit in Montana. That fee is collected as part of your purchase and is then used to pay for the filling of your credits.
If purchased today, this course must be completed by:
August 23, 2024 (119 Days)
In this course we will review some of the fundamental concepts and some of the complex coverage details involving flood insurance, the National Flood Insurance Plan and other programs related to property risks. In addition, we will also provide answers for the most common questions you may encounter from your clients about these risks.
We will cover the important terms and definitions related to floods and flood-related claims. We will also cover how flood risks are underwritten, how claims are paid and how regulators handle the whole subject matter. And you will read some interesting and important case studies to bring this topic to life.
Learning Objectives:
- Learn the basic principles of The National Flood Insurance Program.
- Understand how private insurance plays a role with flood policies.
- Learn how modeling and rating systems are used to develop flood insurance policies.
- Be aware of the flaws and challenges that exist in the NFIP program and how those play a role in today’s market.
- Learn how to file claims under NFIP policies and what happens when those claims are disputed.
Exam Details
Course Details
This course has been certified by:
Rules for Montana Insurance Continuing Education
- Course material may not be downloaded.
- Exam is closed book.
- Montana requires a passing score of 70% or higher on the final exam.
- You may access the final exam once you have reviewed all modules for an online course. There is no seat time requirement.
- The state of Montana charges an additional fee of $1.00 per credit hour.