Depending on your state’s requirements, agents must complete insurance agent continuing education courses or insurance CE every year or two. While this is a requirement, successful agents also understand that these courses offer a great deal of knowledge and are a great way to help grow your business and keep up with the changing industry.
Here we go over some of the top insurance CE schools. We will also highlight some of the important courses that you can use to help grow your business.
Importance of continued education
Aside from meeting your state’s continuing education requirements, insurance CE courses are essential for becoming a successful insurance agent. Some of the biggest benefits include:
- Be an expert in your field. The more knowledge you have in your field, the greater your likelihood of success. Attending regular insurance CE courses keeps you up to date on current insurance practices and grows your base knowledge.
- Keep up to date on current industry trends. The insurance industry is always evolving, and it is necessary to stay current with terms and trends. Attending regular courses allows you to be on top of the industry and share your knowledge with colleagues and clients, setting you apart from your competition.
- Provide the best service to your clients. Your clients expect your best, and by learning and growing, you can always provide that. Providing new and current knowledge to your clients helps to build trust and allows them to make informed decisions based on your expertise.
Best CE providers for insurance agents
Because insurance CE is a requirement for most agents, there are many different continuing education providers out there for you to choose from. When looking for a provider, you want to find one that offers the widest range of CE courses to have the options to truly your knowledge.
Here we list some of the top CE providers for you to explore.
1. WebCE
WebCE is an online education center offering a wide range of courses for every phase of your education. They offer licensing exam prep courses, continuing education courses for license renewal, as well as career development certification courses and corporate training solutions. Their courses are tailored to fit your schedule and provide valuable, up-to-date information. CE classes range between $15-$45, and they offer more than 100 different classes. If you do a quick search for promo codes on Google, you are also likely to find discounted codes for their classes.
2. Kaplan
Kaplan is one of the most popular education providers for insurance agents. Also, they offer one of the most affordable, full access education opportunities. For $59, you have access to over 80 courses in their library for a full year, allowing you to continue your education throughout the year at your own pace. For $39, you can access smaller libraries based on your specific specialties, such as Property and Casualty or Life and Health.
3. CE Authority
If you are looking to take your career to the next level with continuing education, CE Authority is the option for you. They offer the largest library with over 200 courses available. All their courses work at your pace and meet state requirements for continuing education. Each course is $19.95, and your first certification is free.
4. A.D. Banker & Company
A.D. Banker & Company offers a wide range of CE courses, as well as different learning options. For $39.95, you can have 1-year access to all their online CE courses. If you would rather participate in live online classroom courses, they are available for per-class pricing. If you are more of a book learner, their self-study program allows you to learn and test at your own pace at a cost per course.
5. CEU
CEU offers a library of over 150 approved courses for all your continuing education needs. However, they are pricier than the other schools, with a $65 price tag for full access to their online library for one year.
Topics covered by continuing education
When choosing an online continuing education provider, it is a good idea to take a closer look at exactly what classes they offer. Here we highlight some of the most common topics designed to meet your continuing education needs.
Property and Casualty
Property and Casualty typically offer the most continuing education courses, covering everything from commercial line producers to crop producers and more. Some popular courses in this category include NFIP Flood Insurance Training, Homeowners Insurance, Fraud Insurance, Cyber Security, Risk management, and Commercial Lines Coverage Gaps.
Commercial Insurance
If you specialize in commercial insurance, most continuing education providers offer a wide range of CE topics in this category. Some common courses in this category include Commercial Lines 101, Cyber and Privacy Exposures and Insurance Coverage, Earthquake Insurance, Adjusting Suspicious or Fraudulent Fire Claims, Insurance for Small Businesses, Political Risk Insurance, The MCS-90 Endorsement, and Workers Compensation.
Disaster Insurance
Disaster insurance is a subset of property and casualty and covers things outside of the normal scope of traditional policies. CE courses in this category will focus on things like hurricanes, earthquakes, or flood coverage.
Medicare
With the ever-changing world of Medicare, this is one topic that is often confusing for both agents and clients alike. While many CE providers do not offer a wide variety of courses on this topic, finding one that does can prove very beneficial.
Annuity
Almost all providers offer the minimum 4-hour required course that allows you to sell annuities. However, if you want to dive deeper into this area of expertise, you will need to look for providers offering more advanced courses that take a closer look at indexed annuities or income riders, for example.
Social Security Strategies
Unfortunately, while Social Security strategies are important, especially to Medicare agents, CE providers often neglect this topic. In many cases, SS topics are lumped together in the small Medicare course offerings. However, a better understanding of the SS system is highly beneficial, especially for Medicare agents. Finding providers that offer more comprehensive courses on this topic can make a great difference in your career.
Estate Planning
If you are looking for a comprehensive Estate Planning course, such as Estate Planning 101, chances are you won’t find it. Instead, courses focus on specific aspects, such as grantor trusts, charitable remainder trusts, estate taxes, or estate equalization.
Financial Planning
While insurance CE providers offer financial planning courses, they are often very comprehensive and long. If you are looking for a more topic-specific course in financial planning, CE providers offering Financial Professional CE are a good place to start. While it may not qualify for your CE insurance requirements, it will definitely provide you with valuable information to provide to your clients and help your business grow.
Retirement Planning
Retirement planning courses cover a broad range of topics, including IRAs, budgeting, social security strategies, and taking income from assets, just to name a few. If you want to dive right into everything, some providers offer 20+ hour comprehensive courses.
Long-Term Care Insurance
As one of the most common courses taken in CE, Long-Term Care Insurance (LTCi) courses are mandated for any agent wanting to sell federally qualified plans. Finding this course should not be difficult, as it is offered by almost every continuing education facility.
Life Insurance
A very popular topic in the CE library covers life insurance, including universal life insurance, term, and guaranteed whole life. However, life insurance courses typically provide something other categories do not. While they offer CE courses that allow you to better understand the individual products, they also offer courses that focus on how to sell these policies to potential clients.
Health Insurance
Health insurance is a broad topic and CE providers typically offer a wide range of CE topics and courses. Some popular courses include Health Savings Accounts (HSAs), Healthcare Options, Health Reimbursement Arrangements, and Health Insurance Law.
Ethics
Personal ethics courses are often a required refresher for most licensing renewals and cover the standard rules of conduct acceptable in the insurance industry. In addition, these courses can help agents’ overall performance and help offer better service to their clients.
LIMRA Anti-Money Laundering (AML)
If you are looking to sell life insurance, this is a required course covering the many ways people may use life insurance and annuities to launder money. This is one of the most common courses taken after initial licensing education.
Growing your insurance business with continuing education
Working to grow your business is the goal of every successful insurance agent. Whether you are looking to add new technology or taking continuing education courses to expand your knowledge, your goal should be to always provide a better experience and greater knowledge to your clients than your competitors.