5 HRs Life Insurance Products and Retirement Planning - Vermont

✅ Approved by Vermont Department of Financial Regulation | Provider #500032164 | Course #6000223752 | Only $19.99 | Instant Emailed Certificate | 100% Online & Self-Paced

Earn 5 approved hours toward your Vermont insurance license continuing education with a course approved by the Vermont Department of Financial Regulation for only $19.99. The hours apply to your 24-hour review period requirement and the course is approved in the Life & Health category, so you can enroll online and start on your own schedule.

The course is 100% online and self-paced. Log in and out as often as you need without losing progress. Your certificate is emailed the moment you finish, and 1st Choice CE reports your completion within 15 days, as Vermont requires providers to do.

✅ Course Details

• Course name: 5 HRs Life Insurance Products and Retirement Planning
• Approved by: Vermont Department of Financial Regulation
• Provider number: 500032164
• Course number: 6000223752
• Course length: 5 hours
• Course category: Life & Health
• Course format: 100% online, self-paced
• Price: $19.99
• Certificate: emailed immediately after completion
• Reporting: 1st Choice CE reports your completion within 15 days, as Vermont requires providers to do
• Page URL: https://1stchoice-ce.com/courses/checkout/vermont/5-hrs-life-insurance-retirement-vermont/
• Support: call or text 1-800-698-2770

✅ Who Should Take This Course?

• Licensed life and annuity agents and producers
• Agents who compare permanent and term designs for clients
• Producers who position annuities inside a retirement income plan
• Agents who present policy illustrations and need to explain them accurately
• Producers who handle replacements and 1035 exchanges
• Agents who need life and health credit toward Vermont's renewal total

✅ Does This Course Satisfy the State Requirement?

This course provides 5 approved hours toward the 24 a Vermont producer must complete in each 24-month review period. It does not satisfy the requirement on its own, and it does not satisfy the separate 3 hours related to ethics.

Vermont sets no cap on self-study or online hours, so all 5 count in full. If you are licensed to sell property and casualty insurance, the one-time 3-hour National Flood Insurance Program course is a separate requirement. Vermont does not allow carryover, so hours above 24 are simply lost.

✅ Vermont Continuing Education Requirements

Vermont runs continuing education on a fixed statewide schedule rather than a personal one. Under Regulation I-2000-02, the review period is a 24-month period beginning April 1 of an odd-numbered year and ending March 31 two years later, and 8 V.S.A. § 4800a requires 24 hours of Commissioner-approved continuing education during that period as a condition of renewal. Three of the 24 hours must relate to ethics. The 24-hour total is the same whether you hold Life & Health, Property & Casualty, or both - Vermont does not split the requirement by line of authority. The current review period runs April 1, 2025 through March 31, 2027.

• 24 credit hours in each 24-month review period
• 3 of the 24 must be related to ethics
• One-time 3-hour National Flood Insurance Program course for producers licensed to sell property and casualty insurance
• No more than 6 of the 24 hours may relate to insurance agency management
• No cap on self-study or online hours - all 24 may be completed online
• Excess hours do NOT carry over from one review period to the next

A producer licensed to sell property and casualty insurance must complete one 3-hour course on the National Flood Insurance Program. It is a one-time requirement, not one per period, and it counts inside the 24. No more than 6 of the 24 hours may relate to insurance agency management. Vermont sets no cap on self-study or online hours, so all 24 may be completed online provided the courses are approved and you pass the provider-administered examination. Excess hours do not carry over to the next review period, and the same course cannot be credited twice in one period. The requirement does not apply to a producer until after the first renewal or first eligibility for renewal, so a newly licensed producer owes nothing in that first partial term. Nonresident producers who satisfy a home state that has its own requirement are excused. The Commissioner may extend the deadline by up to six months for good cause.

How this course helps: This 5-hour course contributes 5 of the 24 credit hours a Vermont producer must complete in the review period ending March 31, 2027. It is general credit, so it does not satisfy the separate 3 hours of ethics, and it is not the one-time NFIP flood course that property and casualty producers need. Remember that Vermont does not let excess hours carry forward.

✅ When Do Licensees Renew?

Vermont producer licences do not run on your birthday. They expire at 12:01 a.m. on April 1 of every odd-numbered year, which means the licence is good through March 31. Licence fees are not prorated and the term is fixed regardless of when you first applied, so a producer licensed mid-period still expires on the next March 31 of an odd year. Continuing education is due on that same date. The next deadline for resident producers is March 31, 2027. Note that adjusters, consultants and surplus lines brokers expire on March 31 of EVEN years - those dates do not apply to a producer licence.

✅ How to Renew Your Vermont License

1. Confirm your licence type. Producer, limited lines producer, title agent, managing general agent and bail bond agent licences expire March 31 of odd-numbered years.
2. Confirm which mandated subjects apply. Everyone needs 3 ethics hours. Property and casualty producers also need the one-time 3-hour NFIP flood course if they have not already taken it.
3. Complete all 24 hours before March 31 of the odd year. Remember that excess hours do not carry forward, so there is no benefit to overshooting.
4. Allow reporting time. Providers report completions to the Department's CE vendor within 15 days, and you receive your completion certificate within 20 days.
5. Check your CE transcript in State Based Systems, which shows both the current and the prior review period, and confirm the ethics hours posted in the ethics category.
6. Renew online at NIPR.com. Vermont sends renewal notices at the beginning of the odd year, and a paper application is accepted only where the electronic option is unavailable.
7. Pay the state fee, then verify your licence in State Based Systems - Vermont does not mail you a renewed licence, so you print your own verification.

Vermont states no grace period. Your renewal application must be received before the March 31 deadline to prevent a lapse. A producer who fails to meet the continuing education requirement without an approved extension will not have the licence renewed, and a producer who received an extension and still fails to complete has the licence suspended. The only relief is a Commissioner-granted extension of up to six months for good cause, requested by March 31. If a licence has already lapsed, contact DFR Producer Licensing - Vermont does not publish a fixed reinstatement window or fee.

✅ What You Will Learn

• Compare term, whole life and universal life designs on cost, guarantees and flexibility
• Explain cash value, dividends and nonforfeiture options without overstating guarantees
• Distinguish fixed, indexed and variable annuities and the risk each transfers
• Apply the tax rules that govern death benefits, cash value growth and 1035 exchanges
• Read an illustration and identify the assumptions that create lapse risk
• Handle beneficiary designations and replacements to the required standard

✅ Course Content Overview

Hour 1: Term life and the underwriting foundation: level and decreasing term, renewability and convertibility, how underwriting classes are set, and matching a face amount to an actual need rather than a product.

Hour 2: Whole life and universal life: guaranteed cash value, dividends and participating designs, current assumption and guaranteed universal life, indexed universal life mechanics, and the nonforfeiture options available when a client stops paying.

Hour 3: Annuities: immediate versus deferred, fixed, indexed and variable designs, accumulation and payout phases, surrender charge schedules, riders, and the risks each design transfers between insurer and client.

Hour 4: Taxation and retirement income: income tax treatment of death benefits and cash value, modified endowment contracts, 1035 exchanges, qualified versus nonqualified money, required minimum distributions, and sequencing income sources in retirement.

Hour 5: Illustrations, suitability and replacement: reading guaranteed and non-guaranteed columns, lapse risk when assumptions do not hold, beneficiary designations and settlement options, and the disclosure and documentation a replacement requires.

✅ Other Vermont Insurance CE Courses

• 3 Hour Ethics for Insurance Agents - Vermont – $19.99
• 3-Hour Flood Insurance (NFIP) - Vermont – $19.99
• 4-Hour Annuity Best Interest and Suitability - Vermont – $19.99
• 4 Hrs Ongoing Long-Term Care Insurance Partnership Training - Vermont – $19.99
• 4 HRs Medicare Advantage and Part D Update - Vermont – $19.99
• 4 HRs Health Insurance and Affordable Care Act Updates - Vermont – $19.99
• 3 HRs Emerging Risks and Specialty Coverages - Vermont – $19.99
• 4 HRs Personal Auto and Umbrella Insurance - Vermont – $19.99

✅ Why Choose 1st Choice CE?

• Approved provider and approved course in Vermont
• Affordable at $19.99
• 100%% online and self-paced
• Log in and out anytime without losing progress
• Instant emailed certificate
• We report your completion for you
• Money-back guarantee
• Over 10 years of continuing education experience
• Support by phone or text at 1-800-698-2770

✅ Enroll Now

Enroll in 5 HRs Life Insurance Products and Retirement Planning for $19.99 and complete your 5 approved hours online, on your schedule. Questions before you buy? Call or text 1-800-698-2770.