Dwelling and Homeowners Exposures and Insurance 

This insurance continuing education course covers the risks involved in owning a home, and the ways in which individuals and families can use insurance to protect themselves from these risks, including which coverage forms and endorsements are appropriate under various situations and for various clients. Subjects included:

• Personal insurance exposures of individuals and families, including property and liability exposures;
• Risk management and insurance as one of several risk management techniques;
• The Homeowners policy, breaking it down and analyzing each section of the policy in detail, including the forms available, eligibility, and modernization of the contracts used in the industry today;
• The HO3 policy property section compared to other HO forms available and when each would be used in various situations;
• The HO policy liability section in great detail;
• The various endorsements available, how, when and why they might be used to modify the policy;
• Underwriting and rating homeowners insurance;
• The dwelling policy program, including the liability supplement and optional theft coverage, and when and why it may be used instead of a homeowners policy; and;
• Allied lines coverage for homes and dwellings such as flood, earthquake, fair plans, jewelry coverage, watercraft, farm and umbrella liability.

Montana State Requirements

Updated: 03/06/2012

Continuing Education Hours

• All resident insurance producers, consultants and surplus lines licensees will be required to complete 24 CE credit hours biennially, including 3 hours of ethics.
  
  Producers who hold a credit life/ disability license must complete 5 hrs biennially.
  
  Adjusters are required to complete 24 CE credit hours biennially and will begin reporting CE with the renewal reports due 01/01/2007.

Course Subject Requirements

• Resident and non residents must complete 1 credit hour of Montana law, biennially.
• Producers licensed for limited lines only must complete the 5 hour requirement in insurance law, ethics, and/or credit life and credit disability insurance.

• Agents wishing to sell LTC must also complete a 8-hourLTC requirement prior to selling LTC products. The LTC requirement counts towards the completion of the basic CE requirement. By the end of each consecutive renewal period, agents must complete a 4-hour "refresher" state-approved LTC course to continue selling LTC.

Continuing Education Compliance Date

Same as License Renewal Date. The renewal date is the first day of the agent's birth month biennially. (The renewal date for agents born in odd years will be in odd years, and the renewal date for agents born in even years will be in even years.)

Type of courses accepted for CE Credit

Independent self study courses or classroom study.

Carryover Requirements

Carryover not allowed.

Course Repetition

Courses may not be repeated for credit.

Final Exam

Final exam must be monitored by a training director or disinterested third party. (i.e. an individual not related to or able to benefit from the actions of the agent)

Exemptions

• The licensee holds a temporary license.
• The licensee has been otherwise exempted by the Montana commissioner.

Method to Certify Completion

Your certificate of completion will be e-mailed to you once you have completed your exam. Licensees must file prior to the compliance deadline. Filing forms will be mailed to the licensee prior to the filing deadline. The producer keeps a copy of the filing forms and the original certificates of completion in their files for 3 years. Licensees may also file continuing education credits online.

Nonresidents

• Nonresident producer submit letter of certification (not more than 90 days old) or current printout from the PDB showing compliance with home state CE, a completed Montana summary report form and nonresident license renewal fee to the insurance department by the renewal date.
• Nonresident adjusters who do not have a home state requirement must meet this state's continuing education requirement.

For Additional Information please Contact:

Montana Insurance Division
Licensing Division

840 Helena Avenue
Helena, MT 59601

Phone: (800) 332-6148 or (406)444-2040
Fax: 406-444-3497

Email: stateauditor@mt.gov

State Website: http://www.sao.mt.gov/

Course Format

System Requirements: Please note that Mozilla firefox 9 download here or Internet explorer 8 or higher: Download here 
are required to view our website when you wish to access the learning center. You should also note that taking courses over a wireless internet connection is not advised. When taking your exams you should try to be on a wired internet connection to your computer.

If your state requires monitored exams, you must have your monitor sign-in and follow the monitor instructions BEFORE you begin the exam.  See the State Information tab, Monitor tab and Help Center for more information.

How to Redeem Vouchers 

Monitor Instructions - General

 IMPORTANT!!!

Your state requires that your exam(s) MUST be monitored.

The monitor must print, sign and complete the affidavit found by clicking Printable Monitor Form to indicate that the exam was taken without any outside help from any source. Please fax the completed monitor form to: (619) 421-8171 immediately after completing the exam. Your exam will not be completed, and no CE credit will be awarded or reported to your state, until the properly completed, signed monitor form has been received (along with any state reporting fees that may be due).