| 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. |