VIRGINIA Continuing Education (CE) 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

• 16 hours biennially, for a single line license
• 24 hours biennially, for more than one license line.

Compliance Date

12/31 of even numbered years

Approved Course Delivery Methods

• Independent self-study online or written courses (passing grade of 70% required on final exam)
• Classroom
• Interactive Online
• Seminar (only 75% of the requirement may be earned from company and/or agency sponsored courses)

No more than eight credits per course per day will be approved

Exam Requirements

The Virginia Department of Insurance requires that self-study exams be monitored on a closed-book basis, without assistance. The examination may be monitored by one of the following: a supervisor-appointed co-worker, an approved testing site, or corporate training center. An approved testing site may be a local library, college, or Cape School location.

Upon completion of the exam, the proctor is required to sign and submit an affidavit to the publisher stating the specified conditions of administration were observed.

Course Subject Requirements

• At least 2 hours must be in Virginia specific or federal insurance laws and regulations
• At least 8 hours must be relevant to each license type if 24 hours is required.
• All hours must be relevant to license type held if 16 credit hours is required.
• For producers who sell LTC an initial 8-hour course is required in order to sell LTC Partnership policies, thereafter a 4-hour course must be completed every two years. Please see the following administrative letter for more information: http://www.scc.virginia.gov/division/boi/webpages/adminlets/07-03.pdf
• For producers who sell Flood insurance they must complete at least a 3-hour course in flood insurance. Please see the following administrative letter for more information: http://www.scc.virginia.gov/division/boi/webpages/adminlets/07-01.pdf

Carryover Credits

Hours may be carried over to the next reporting period, however hours must be reported in the biennium in which they were earned.

Course Repetition

Courses may not be taken more than once within the same reporting period

Exemptions

• A resident or nonresident agent who is at least 65 and can demonstrate that he/she has held any combination of resident or nonresident Virginia licenses of equivalent type continuously for at least 20 years.
• Individuals who hold a limited line license, such as credit life/health, travel accident and travel baggage insurance agents.
• Newly licensed agents are exempt from the first reporting period if the agent passed the Virginia license exam or moved from a state that has a reciprocal agreement with Virginia.
• Nonresident agents if their home state has CE requirements and has a reciprocal agreement with Virginia.

Credit Reporting

Cape will report continuing education credits earned to Prometric within 21 days of course completion. Agents are then responsible for accessing their education record and activating all credits that have been reported. This must be done in order for the continuing education requirement to be fulfilled. If more information is needed, please go to the Prometric website: www.prometric.com.

Contact Information:

If you have any questions regarding renewal or credits, please contact:

Prometric: 1-800-482-2366 or www.experioronline.com

Virginia Bureau of Insurance
Agent Licensing Section
P.O. Box 1157
Richmond, VA 23218
(804) 371-9741
http://www.scc.virginia.gov/division/boi/index.htm

Contact Cape:

Cape School, Inc.
P.O. Box 169
Buckingham, VA 23921

Phone: 800-729-7363
Fax: 888-303-1828
Or email us at the left