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.
South Dakota State Requirements
Continuing Education Hours
- 10 hours biennially
- 20 hours biennially for combined LH/PC license
- 4 hours biennially for crop hail agents
- Farm Mutual insurer license: 10 hours biennially in P/C insurance
- Personal Lines license: 10 hours biennially in P/C insurance
- Crop and L/H or P/C: 10 hours biennially- max 2 hours in crop and 8 hours in major line
- Crop and L/H and P/C: 20 hours biennially- max 2 hours in crop
Course Subject Requirements
- Courses must be for taken in lines for which license is held
- LH/PC combined licensees must complete at least 8 hours devoted to one line
- No more than 50% of required hours may be earned from one insurance company
- Courses that are designated as General Hours may be applied as either L/H or P/C but not as crop
- All South Dakota licensed resident insurance producers who sell federal flood insurance policies complete a one-time course related to the NFIP Flood requirement. The producer licensee will receive three hours of continuing education credits for completion of this course.
- All producers who hold a life insurance line of authority currently licensed to sell, solicit, or negotiate annuity products must complete a one-time annuity training course approved for at least 4 hours by January 1, 2013. All producers licensed on or after July 1, 2012 must complete this training prior to selling, soliciting, or negotiating such products. *Residents who satisfy the training requirements of another state that are similar to the South Dakota law will be deemed compliant for the South Dakota requirement.
- 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
The renewal date is the last 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.
License Renewal Date
The renewal date is the same as the CE compliance date.
Type of courses accepted for CE Credit
Independent self study courses, classroom study, internet courses, and company sponsored courses (are limited to 50% of requirement for each line)
Credit will not be give for a course that is repeated within a reporting period.
Final exam does not need to be monitored.
- Individuals who have a limited license to sell only credit life or credit health insurance.
- A resident attorney who is licensed to practice in South Dakota.
- Individuals who reside outside the United States but hold a South Dakota license
- Individuals who are employed by a trade association and hold a limited license to sell only surety bonds to the association members.
- Individuals who are at least 65 years old and have been licensed in South Dakota for at least 10 years
- Limited or restricted licensees that the director may exempt
- Non residents
- Individuals who are transportation ticket producers of common carriers holding a limited license to sell only travel accident and baggage insurance.
- Individuals who hold limited license to sell only bail bonds
Method to Certify Completion
You will be able to print your certificate of completion online once you have completed your exam. The licensee transfers information from the certificates of completion to South Dakota's verification form and attaches copies of the certificates. The verification form and copies of certificates must be submitted to the insurance division by the compliance date. The licensee keeps a copy of the verification form and the original certificates of completion in his or her files for two years.
A roster fee of $1.00 per credit hour ordered is required to process course completion hours in South Dakota and will be added to the order total upon checkout.
Exempt. Must complete state-specific LTC training if they have taken the initial 8 hour course for another state.
For Additional Information please Contact:
South Dakota Insurance Division
445 E. Capitol
Pierre, SD 57501
Phone: (605) 773-3513 or (605) 773-3946
Fax: (605) 773-5369
State Website: http://www.state.sd.us/insurance
System Requirements: Please note that Mozilla firefox 20 download here or Internet explorer 9 or higher: Download here This course automatically includes a downloadable textbook and/or other course materials which you may print if you desire. When you are finished studying your course, the exam is taken online and it is graded immediately. In most states you can also print your own certificate of completion, if you pass. There is no additional charge if you complete your course and exam completely online.
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 you prefer, however, you may purchase a printed book and/or printed exam at additional cost.
You have 3 options if purchasing the course outside a subscription:
- Online book and online exam - included in price - You receive no printed materials-everything is online.
- Printed book and online exam - $5 additional - You receive a printed book but take your exam online.
- Printed book and printed exam - $10 additional - You receive a printed book and printed exam which you mail or fax to us for grading.
For options 2 and 3, you will be able to choose either regular or express shipping during checkout.
Please choose your option carefully! There is no refund for printed materials or exams ordered by mistake!
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 If you have received a CE voucher from an insurance company or wholesaler, you can redeem it by following these instructions.
- Choose your course format - see "course format" tab for more details or click "learn more" above options.
- Click on the red "buy" button to proceed to checkout.
- Be sure to enter your Voucher Code when checking out to apply your discount.
- You will be able to download the study materials immediately by clicking the red "Download Course" on your receipt. It will also be emailed to you and will be available for one year in your customer account.
- You will also be provided with a link and information to access the exam.
Your voucher covers an online book, online exam, grading and one CE certificate for insurance. It DOES NOT INCLUDE printed books, printed exams, state fees or CE certificate(s) or reporting for additional designations or types of CE, although they are available as options for additional charge.
If you choose printed books or exams, you will be charged the balance due during checkout.
If your state charges a fee to report your credit, this fee is due from you. When you check-out, you must pay this fee in order to access the course and obtain CE credit.
After you pass your exam, you will be able to purchase CE certificates for professional designations such as CFP, CPE, etc. you will be charged $10 for each one. Please DO NOT order these additional certificates unless you currently hold that professional designation. There are NO REFUNDS for additional certificates ordered and not needed.