Oregon: Law and the Insurance Contract

Oregon: Law and the Insurance Contract

This Oregon Department of Insurance approved continuing education course provides in-depth coverage of Law and the Insurance Contract. Complete this course to earn CE credit hours toward your license renewal while gaining practical knowledge you can apply in your daily practice.

Course Topics

• Insurance and the Law — Structure and sources of insurance law, state regulation, and McCarran-Ferguson Act.
• Contract Formation — Elements of valid insurance contracts, offer and acceptance, consideration.
• Policy Provisions — Standard provisions, required clauses, and policy interpretation rules.
• Agency Law — Agent authority, binding coverage, and agent liability.
• Privacy and Insurance — Privacy regulations, HIPAA, and confidentiality requirements.
• Constitutional Issues — Commerce clause, due process, and constitutional limitations on regulation.
• Insurers and Agents as Employers — Employment law, independent contractors, and vicarious liability.

What You’ll Learn

After completing this course, you will be able to:

• Understand the legal structure of insurance contracts
• Apply contract law principles to insurance
• Explain agency relationships and authority
• Navigate privacy requirements in insurance
• Identify constitutional issues affecting insurance

Course Details

• Approval: Oregon Department of Insurance
• Format: 100% online, self-paced
• Access: 24/7 from any device
• Final Exam: Required for completion
• Certificate: Available immediately upon passing
• Reporting: Completions reported electronically to the state

Who Should Take This Course

This course is designed for Oregon licensed insurance producers who need continuing education credit for license renewal. The content applies to life, accident, health, and property/casualty producers depending on the specific course topic.