Ethics for Insurance Professionals

Insurance Continuing Education in South Carolina

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$19.95

3 credit hours

3 credits in Ethics

Topics Covered: Ethics

Other credit types available: PCE, NonCE

If purchased today, this course must be completed by: September 17, 2020

South Carolina insurance continuing education requires an impartial third-party proctor be present during your final exam. The proctor must be at least 18 years of age and cannot be a friend, relative or co-worker of the licensee, nor anyone with a financial interest in the exam result.

Description

The course has two broad divisions, The Practical Foundations for Insurance Ethics, and the Professional Foundation for Insurance Ethics. Under practical foundations, we will look at the agent's fiduciary responsibility to clients, the agent's obligations to the insurer/employer; and regulatory agencies. Under the professional foundation, we will look at the aspects of professionalism referred to in this introduction.

It is our wish that upon completion of this course, you will have a thorough understanding of what professional ethics are as related to the field of insurance, how they operate, why they are important, and what they mean to the individual who adheres to them.

Course Details

Course Number: 124428
State-Approved Name: Ethics for Insurance Professionals
Provider: InsuranceStudy.com
Provider Number: 164617

Rules for South Carolina Insurance Continuing Education (CE)

  • This state allows for course material to be downloaded. Please note that not all courses will have content that is suitable or available for downloading.
  • Exam is closed book.
  • Effective January 2011, the deadline for biennially complying with continuing education and license renewal is the last day of the producer's month of birth. Producers born in an odd numbered year must comply by the last day of the birth month in an odd numbered year. Producers born in an even numbered year must comply by the last day of the birth month in an even numbered year.
  • Multi-line (property and casualty and life, accident and health) producers must complete twenty-four hours of CE credits. A minimum of eight (8) credit hours must be completed in each line of authority and a minimum of three (3) credit hours of Ethics.
  • Producers with reduced compliance requirements (15 hours) must complete 12 hours in the line of authority held and 3 hours of Ethics. Multi-line producers with reduced compliance requirements (15 hours) must complete 6 hours in each line of authority and 3 hours of ethics. Failure to comply by the last day of the producer's birth month will result in the license being lapsed.
  • Click here to download the South Carolina Department of Insurance Continuing Insurance Education Reminder Notice. Last Updated 1/11/2018
  • Effective January 1, 2017, a valid personal and/or business email address is required by law. Please visit Online Services to update your email address. The Department will no longer be mailing hard copy renewal notices to licensees.
  • Producers must renew the license, obtain fingerprints, complete 24 hours of continuing education including a minimum of 3 hours of Ethics, and pay the biennial recordkeeping fee to the Continuing Education Administrator by the deadline or the producer license will lapse.
  • Up to 18 CE hours in excess of the CE compliance period may be carried over and applied to the next compliance period. (The law allowing reduced CE compliance was repealed January 1, 2010. This Section applies only to those producers who were granted a reduced CE compliance prior to January 1, 2010.)
  • An individual who arrives after the start of a CE class or leaves before the class is over will not receive credit for the continuing education classroom session, regardless of the number of hours completed during the class session. Instructors may deny credit to anyone who is inattentive (reading the newspaper, talking, texting, using cell phone, etc.).