Workers Compensation and Employers Liability Policy

By the end of this insurance continuing education course, agents should fully understand:

• The three major sections of the WC and EL policy.
• The State and Federal Workers Compensation laws.
• Why employers Liability coverage is still needed.
• What is provided by Other States coverage.
• How the policy responds to employees while out of state and country.
• Provisions, exclusions, conditions, etc. in the standard WC & EL policy.
• Major endorsements used to modify policy; how and when used.
• Overview of pricing and underwriting of WC & EL coverage.

This course will help agents to understand and explain to clients the coverages needed by employers due to various state and federal laws, the forms and endorsements available to meet those needs, and assist agents in recommending the proper coverage forms and endorsements for their client’s needs, allowing agents to provide better service to their clients.

New York State Requirements

Updated: 12/16/2013

Continuing Education Hours

Agent and Public Adjuster

• Fifteen (15) CE credit hours are required biennially for a single license.
• Thirty (30) CE credit hours are required biennially for combined L/H and P/C.

Course Subject Requirements

• Courses must be approved for lines of insurance for which license is held.
• LH/PC-combined licensees must complete the full CE requirement in courses approved for LH and the full CE requirement for PC. Courses that are approved for both P/C and L/H ("bridge courses") may be simultaneously applied to the L/H requirement & the P/C requirement, if taken within the biennial licensing period.
• All New York licensed resident insurance producers who sell federal flood insurance policies shall be required to complete a one time 3 hour requirement on flood insurance.

Continuing Education Compliance 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. A newly issued or transitioned license will be between 24 and 48 months in duration.
• The license term for public adjusters ends on 12/31 of even years.

Type of courses accepted for CE Credit

Independent self study courses (with monitored final exams, including internet and computer based courses), Classroom, Speeches/seminars

Carryover Requirements

Not allowed.

Course Repetition

Credit will not be given for a course that is repeated.

Final Exam

Self-study final exams are required to be monitored by a state approved individual or organization.

Exemptions

• Individuals who have a limited line license for which an exam is not required in New York.
• Newly licensed individuals who have held their license for less than a full 2-year period.
• Individuals on active military duty.
• Individuals who hold an independent adjuster license
• Individuals who hold a bail bond licens
• Individuals who hold a mortgage guarantee license
• Individuals who hold a viatical settlement license
• Individuals currently on active military duty

Method to Certify Completion

You will be able to print your certificate of completion online once you have completed your exam. The licensee certifies compliance with CE at time of online license renewal and retains certificates of completion for renewal period. Licensee must submit CE filing fee with license renewal fee.

Nonresidents

• Exempt. Certify completion of CE in home state on the online license renewal.
• Nonresidents are NOT exempt from the LTC requirement

For Additional Information please Contact:

New York State Insurance Department
Licensing Bureau
One Commerce Plaza
Albany, NY 12257

PHONE: (518) 474-6630 or (518) 486-7296
FAX: (518) 474-5048

State Website: http://www.dfs.ny.gov/insurance/dfs_insurance.htm

Course Format

System Requirements: Please note that Mozilla firefox 20 download here or Internet explorer 9 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 - New York

You can download your fillable monitor form by clicking here. The following, after being approved by the Department, may monitor self study examinations:  To find a New York State approved monitor click here.

• Provider Organizations
• Affiliate Organizations
• Licensed and admitted insurers (Training Officers and disinterested supervisory personnel not affiliated by overrides or other compensation arrangements)
• Licensed colleges, Universities, schools
• Professional Societies and Professional Organizations (named designated person may arrange for other responsible members to monitor examinations, the designated person countersigning. The examination document submitted to the Provider organization)
• Continuing Education and Prelicensing Education Instructors
• Licensed teachers
• Others satisfactory to the Superintendent

A Provider Organization accepting a Self Study Examination from a monitor must satisfy itself that the monitor has been approved by the Department by obtaining a copy of a Monitor Approval Document or any Approval Documents for the above issued by the Department. The responsibilities of an approved monitor shall include assuring that the examination is administered in accordance with the Course Approval issued by the Department, that only approved manuals or schedules necessary for completion of the examination are used and that the examination is forwarded with the appropriate documents to the Provider Organization for scoring.

Applications for Department approval of Self Study Examination Monitors may be obtained from:

Optional PACE or CFP Credit

Many of our Insurance CE courses are also approved for CE credit for agents who hold professional designations such as CLU, ChFC, CFP. The type of CE credit and number of hours approved are listed above in the course description.