FAQ's for Continuing Education Credits

Q. I work all day underwriting, managing etc. Why do I have to do all of these hours?
A. As part of your ongoing professional development you must continue your effort to keep aware and abreast of changes and challenges in the industry.
Q. I have accumulated 35 hours throughout the year. Can I carry hours to next year?
A.

No. While this indicates a strong commitment to your field, in fairness to all Full Members, the hours must be accumulated on a yearly basis. This will ensure the ongoing development by each individual.

Q.

I've been on maternity leave for 7 months of the year and cannot accumulate my required hours in only 5 months. What should I do?

A. Extenuating circumstances always occur whether it be a medical/personal leave or a temporary job reassignment. Discuss the situation with the membership director.
Q.

Do I have to keep a log sheet?

A. No, you can keep a record in any form. However, your record should be readily available if your name is chosen in a random audit.
Q. Will an industry golf tournament count?
A.

If applicable, only the underwriting education portion of the event will qualify.

Q. Do I have to send the log sheet with my renewal every year?
A. No. You only have to provide details of your accumulated hours if your name is chosen in the random audit.
Q.

I live outside of the major insurance hub and have limited resources to complete these hours. What can I do?

A. Many companies conduct "lunch and learn" sessions for their underwriters with presentations by doctors, other underwriters, actuarial, sales or marketing personnel. Additional suggestions can be found on this site under "Continuing Education - Qualifying Hours".
Q.

What happens if I do not get my qualifying hours of continuing education?

A.

You will become an Associate Member.

Q.

What if I get 14 hours only?

A.

You will become an Associate Member.

Q.

I read all available industry journals (e.g. On the Risk). Does this qualify for continuing education credits?

A. No. However, if you prepare and make a presentation based on the information you learned from the journals, the time spent on the presentation itself will qualify.

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