Insurance Continuing Education

Written by Helen Glenn Court
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Insurance continuing education is--as you already know--something you make time for on an ongoing basis. It's part of what defines a profession that rose from the ashes of the Great Fire of London in 1666. It doesn't matter what your role is. You might be an insurance broker, an underwriter, a claims adjuster, or a producer. You'll be serving your clients and enhancing your career at the same time, and you can't beat that combination!

Your goal as a member of the insurance profession is to protect both individuals and businesses against both minor and devastating losses. This means that the industry takes on billions of dollars of risk every year. Where insurance continuing education comes into the picture is simple.

Insurance risks are spread across as wide a population as possible and geared to the population/region that suffers the loss, both to keep costs low for the policy holders and to incur the lowest expense to the provider. This realistic balance and the varying rates that result are carefully calculated by professionals who stay continually abreast of the market, social conditions, liability, economic conditions, and other insurance-related developments.

Insurance Continuing Education: Why You Need It

Whatever your role is in the insurance industry, your job is to serve policy holders. If you're an underwriter, that means identifying and calculating specific risks and writing policies to cover them. If you're a producer, an inside term for insurance sales agent, it means selling policies to individuals and businesses. If you're an adjuster, it means assessing claims, negotiating settlements, and authorizing payments. To do your job well, you want to keep up with your insurance continuing education.

What's more, you're required to demonstrate proof that you're taking and doing well with the insurance continuing education classes you take. Both federal and state law outline the fundamental parameters of and requirements for the industry. To practice insurance in any U.S. state you must be licensed to do so in that state. The prerequisites for that licensing may vary somewhat from state to state.

Any license, of course--whether an automobile driving license, a pilot's license, or a construction permit--is valid for only a limited time. You're tested to qualify for a license and you're tested when you want or need to renew it. It's no different in the insurance industry, of course. Every year or two, depending on the laws of the specific state or states where you live and will practice, you need to renew your license. That means earning insurance continuing education credits in--at the very least--your area of specialty.

Insurance Continuing Education: Where You Get It

Fortunately, now that the Internet is in full stride, it's easier than it ever has been to get the ongoing training you need and want. It's right there at your fingertips, in fact! It's more convenient than anyone might have thought possible 25 years ago. No longer do you need to live near a properly accredited school that offers the classes you need.

It's easy--because insurance continuing education is such an integral part of the profession--to find courses geared to your specialty and earn the credits you need to renew your license. Not only is it easy to find the right program. You'll learn that it's also just as easy to work this career development into your busy schedule.

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