Commercial Surety Fundamentals

 


The purpose of this course is to provide a thorough orientation to commercial surety compared with other forms of insurance and to give instruction on how to attend to the details of commercial surety bonds at all relevant stages. The focus is on the key elements of commercial surety and includes legal requirements, underwriting processes, participant roles, and risks. The course describes the required financial information and explains why and what should be collected and reviewed and how this information is used. The student will be introduced to the key factors in successful conduct including working with bonds, proven management principles, and the ethical standards and expectations of a professional.


Registration

The course costs $189 per person and can be taken at your own pace within 12 months of purchase.

       
CLICK TO REGISTER

Course Details:
       

 

Chapter 1 – Commercial Surety Fundamentals

Chapter 2 – Evaluating Risk and Exposure

Chapter 3 – Underwriting the Principal

Chapter 4 – Professional Bond Agency Responsibilities                


Each chapter concludes with review questions for students to gauge how well they are mastering the content. On completion of the course, students demonstrate their comprehension of all the material by taking a final, online examination.

       

Continuing Education Credit

Course availability and approved credit hours vary by state and is subject to change. This list is provided for reference only and CE hours listed are not guaranteed. CLICK HERE to confirm the current credit hours available for your state.
      



Alabama - 10 Louisiana - 10
Ohio - 6
Alaska - 10 Maine - 10 Oklahoma - 7
Arizona - 10 Maryland - 10 Oregon - 10
Arkansas - 10 Massachusetts - 7
Pennsylvania - 10
California - 8 Michigan - 10
Rhode Island - 10
Colorado - 10 Minnesota - 5
South Carolina - 10
Connecticut - 10 Mississippi - 8 South Dakota - 7
Delaware - 10 Missouri - 10 Tennessee - 10
Florida - 8
Montana - 10
Texas - 10
Georgia - 10
Nebraska - 10 Utah - 10
Hawaii - 10 Nevada - 10 Vermont - 10
Idaho - 10 New Hampshire - 10 Virginia - 10
Illinois - 10 New Jersey - 10
Washington - 5
Indiana - 10 New Mexico - 10 West Virginia - 10
Iowa - 10 New York - 9
Wisconsin - 8
Kansas - 7 North Carolina - 10
Wyoming - 10
Kentucky - 10 North Dakota - 10 Washington D.C. - 10

 
* Adjuster and Public Adjuster CE hours are also available in those states that require them.
           
The National Association of Surety Bond Producers (NASBP) has partnered with WebCE, a leading nationwide provider of Continuing Education for insurance professionals to provide Commercial Surety Fundamentals.