Portland, OR (PRWEB) December 02, 2011
ProSchools’ Arizona Insurance CE course, Flood Insurance, is approved to meet the 3-hour Flood Insurance training required for all Arizona producers who wish to sell flood insurance policies under the Flood Insurance Reform Act of 2004. Arizona Property & Casualty producers who must complete 40 continuing education credit hours during the expiring license period can help meet those requirements with this course which covers flood policy general rules and rating calculations, flood claims handling processes and requirements of the Flood Insurance Reform Act of 2004.
The National Flood Insurance Act of 1968 established The National Flood Insurance Program, a federal program enabling property owners in participating communities to purchase flood insurance as protection against flood losses. More than 21,000 communities participate in the NFIP. FEMA notes that “in 2010, the average flood policy was around $600 a year but the average total paid claim over the last five years was nearly $34,000.”
Flooding is not covered under most homeowner and business multi-peril policies and policy owners are often caught off guard to find that their policies do not cover their damages caused by flood waters. In fact, federal disaster assistance will not always pay for flood damages. And, if residents and business property owners in high-risk areas have a mortgage from a federally-regulated or insured lender, flood insurance must be carried for the life of the loan.
Flood Insurance adds to ProSchools CE Insurance course offerings and is available at http://www.proschools.com with 24-hour course access and instructor assistance by email and telephone, Monday through Friday, 8am-5pm Pacific.
ProSchools Arizona Insurance Licensing Courses are certified to the high standards for distance education established by the National Association of Insurance Commissioners which represents official governmental agencies and organizations around the world that issue insurance licenses. ProSchools, a leader in online course development and training with almost 60 years experience teaching thousands of professionals, is approved by the Arizona Department of Insurance as one of the leading educational providers of insurance pre-license and continuing education.
Information regarding ProSchools insurance courses can be found at http://www.proschools.com or by calling ProSchools at (800) 452-4879.