Principles of Insurance: Video and Audio Overview

2 Wisconsin CE credits · Course #63253

Principles of Insurance is a 2-credit Wisconsin insurance continuing-education course from CEWisconsin, Wisconsin OCI-approved provider #20781. Fundamentals of insurance in law and in practice. This page has a free 7-minute video overview and a 20-minute audio overview to use before you enroll or while you study. CE credit comes from the course material and its test, not from watching or listening.

Watch the video overview (7 min)

Published August 11, 2025 · 7 min · MP4

Listen to the audio overview (20 min)

Published April 26, 2025 · 20 min · MP3

What the course covers

The course material offers a comprehensive introduction to the principles of insurance, explaining that its primary purpose is to reduce the harmful effects and fears associated with risks that affect people and property. The sources trace the historical development of insurance, noting that systems like marine insurance date back thousands of years and that modern practices evolved after events like the Great Fire of London. Furthermore, the text distinguishes insurance from wagering by outlining key legal differences, such as the requirement for an insurable interest and the principle of utmost good faith, while also detailing how insurers utilize the law of large numbers to manage risk and collect premiums. Finally, the material categorizes various types of risks, such as pure risks (insurable) and speculative risks (generally uninsurable), and discusses the essential legal components of an insurance contract.

Course facts

Credits: 2 (Wisconsin requires 24 every two-year license period)
Ethics credits: none; pair it with an ethics course if you still need your 3
Course number: 63253
Format: self-study reading, then an online multiple-choice test (70% to pass, unlimited free retakes, disinterested-party proctor required)
Reporting: CEWisconsin files your completion with the Wisconsin OCI

Ready to take Principles of Insurance?

2 CE Credits

Open the course in the catalog, buy the credits you need, read, and test. Pricing is all-inclusive.

Go to the course in the catalog

Frequently asked questions

Do the video or audio overviews earn CE credit?

No. Wisconsin CE credit for Principles of Insurance comes from reading the course material and passing its proctored online test with a score of 70% or better. Retakes are free and unlimited. The video and audio are free study aids.

How long are the video and audio overviews?

The video runs about 7 minutes and the audio about 20 minutes. Both were produced from the course material with Google NotebookLM; the video was published August 11, 2025 and the audio April 26, 2025.

How do I take Principles of Insurance?

Buy CE credits on the catalog page (pricing is all-inclusive: the state submission fee and retakes are included), open the course, read the material, and take the test. This course uses 2 credits.

Does this course include ethics credits?

No. All 2 credits are general credits. Wisconsin requires at least 3 ethics credits among the 24 required each two-year period, so pair it with an ethics course if you still need those; see cewisconsin.com/ethics.html.

About these previews: the video and audio overviews were produced with Google NotebookLM from the course material. They summarize; the course text and its test are the authority. Page updated September 5, 2026.

Questions about a course?

Call or text Bill at 608-219-4985 or email mailadmin@cewisconsin.com