Virginia Insurance CE
Yes. Our Virginia state approval number is: 124483.
Most students will have their credits processed the same day on which they complete their final exam. If a course is completed outside of our normal business hours, these credits will be processed on the morning of the next business day. Once your credits have been successfully filed, you will receive a notification email that also contains your Certificate of Completion.
No. Self-study final exams do not require a monitor.
Self-study final exams are closed book. Licensees may not refer to the course material while the exam is in progress.
The final exam must be passed with a score of 70 percent or higher to receive credit. Students have unlimited attempts to pass the exam.
A roster fee of $2.60 per credit is required to process course credits in this state. This fee will be added to your order total during checkout and is then sent by us to the state upon completion.
No. You may spend as much time with the course material as you feel necessary, and you may come and go from that material as often as you like. There is no time limit on our exams, however all exams must be completed within one sitting. Once started, if an exam is abandoned for any reason you will need to begin that exam from the beginning when you next return.
Do take special note that every course has an expiration date, which is based on both the state approval and your website purchase date. In order to receive credit you must complete the course before that expiration date.
Producers (Single License): 16 CE hours, including 3 hours of ethics (which may include VA laws and regulations), every 2-year license term.
Producers (Multiple License): 24 CE hours, including 3 hours of ethics (which may include VA laws and regulations), every 2-year license term.
Public Adjuster: 24 CE hours, including 3 hours in ethics, are required every 2-year license term.
CE Course Restrictions: Life, Annuities, and Health is considered a single license for CE purposes. There is a minimum of 8 credits applicable to each license type held. No more than 75% of your required credits may be obtained from courses provided by insurance companies or agencies. Resident public adjusters may take Property and Casualty, Mitigation, Flood Public Adjuster and Ethics. Public Adjusters will not receive CE credit for Virginia Insurance Law and Regulation or Other General Insurance courses.
Special Training | Education Requirements |
---|---|
Annuity Best Interest |
Producers must complete a one-time 4-hour Best Interest course prior to selling annuity products. |
Flood | Producers who write flood insurance must complete a one-time 3-hour training class on flood insurance and the National Flood Insurance Program (NFIP). |
Long Term Care |
Initial 8-hour LTC training requirement: Before selling, soliciting, or negotiating LTC insurance products in Virginia, producers must complete an initial 8-hour LTC course. IMPORTANT: The initial training must consist of 6 hours of general LTC topics and 2 hours of LTC Partnership topics. Ongoing 4-hour LTC training requirement: After completing the 8-hour initial training requirement, producers must complete 4 hours of LTC training every 24-month period. The ongoing training must consist of 2 hours of general LTC topics and 2 hours of LTC Partnership topics. Note: Failure to complete the ongoing 4-hour training course within 24 months of completion of the Initial 8-hour training course, will forfeit recognition of the Initial 8-hour training course by the Virginia Department of Insurance, and will result in the Initial 8-hour training course having to be repeated. |
Virginia law is reciprocal with CE laws of all other states, and permits nonresident agents to comply with Virginia’s CE requirements by complying with the CE requirements in their home state. Nonresident producers who are not exempt have the following CE requirements:
One license: 16 CE hours, including 3 hours in ethics (which may include Virginia laws and regulations), are required every 2-year license term. Life, Annuities, and Health is considered a single license for CE purposes.
Two or more licenses: 24 CE hours, including 3 hours in ethics (which may include Virginia laws and regulations), are required every 2-year license term. Virginia has course category restrictions. See CE subject requirements below.
Nonresident producers selling LTC have special training or education requirements as described below:
Special Training/Education Requirements
Long-Term Care (LTC) Insurance
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Initial 8-hour LTC training requirement: Before selling, soliciting, or negotiating LTC insurance products in Virginia, nonresident producers must complete an initial 8-hour, NAIC LTC course approved in any state as well as the 2-hour Virginia LTC Partnership course.
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Ongoing 4-hour LTC training requirement: After completing the 8-hour initial training requirement, nonresident producers must complete 4 hours of LTC training every 24-month period as well as the 2-hour Virginia LTC Partnership course.
Effective January 1, 2021 - The license term is biennial based on Month and Year of birth. The first license renewals after this change is in effect will be February 28, 2022.
How it works: Agents born in an odd year will have their license renew during odd years at the end of their birth month. Agents born in even years will have their license renew during even years at the end of their birth month.
Example: An agent born February 15, 1968 will renew on February 28, 2022 and again on February 29, 2024.
Courses may only be taken for credit once in a 2-year compliance period.
Excess credits earned in the prior biennium can be carried over and applied to the current biennium. Excess credit hours may be carried
forward one renewal cycle and are automatically posted to your record.
The following are exempt from CE requirements:
- A resident or nonresident producer who is at least 65 and can demonstrate that he or she has held any combination of resident or nonresident Virginia licenses of equivalent type continuously for at least 20 years
- A resident producer who is at least 65 and will have held a Virginia resident license continuously for no fewer than 4 years by the end of the compliance period and can furnish proof of having held equivalent license authority continuously in other states for an additional 16 years, for a total of 20 years of continuous licensing
- A producer who is at least 65 by the end of the compliance period and has held a resident Virginia license continuously for the past 4 years as well as holding the same license authority for twenty of the past thirty years in Virginia without interruption by license revocation or commission termination
- Individuals who hold a limited line license, such as credit life/health, travel accident, and travel baggage insurance producers
- Nonresident producers in good standing with their home state CE requirements. Nonresidents are still required to pay processing fee. (See “CE Completion Reporting” section above for processing fee instructions.)
- Nonresident public adjusters who are licensed as a public adjuster in their home state and are in good standing. If the license is terminated, suspended, or revoked in their home state the VA nonresident license will terminate and must be immediately surrendered. Nonresidents are still required to pay processing fee. (See “CE Completion Reporting” section above for processing fee instructions.)
- Individuals may request a waiver with good cause; submit to Pearson Vue.
- Individuals who are licensed in the even-numbered year of the biennium are exempt from continuing education for the current biennium only. However, if you do take any CE courses in the current biennium, you must pay the $20 Continuance fee within the deadlines specified in the Compliance Schedule to have the courses applied to carry over for the subsequent biennium.
Phone: 804-371-9631 (Agent Licensing)
Fax: 804-371-9349
Web site: www.scc.virginia.gov/division/boi/
Virginia Bureau of Insurance
Agent Licensing Section
P.O. Box 1157
Richmond, VA 23218-1157
Disclaimer: InsuranceStudy provides this 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 InsuranceStudy nor its employees warrant or represent that this information is accurate and current. All information is subject to change without notice. We encourage you to contact the relevant licensing body and/or your carrier to find the most up-to-date and personally relevant requirements.