Two Courses. Two Requirements. One Trusted Provider.
Whether your carrier is requiring you to complete flood insurance training before you write your first NFIP policy, or you need to satisfy an annual AML compliance requirement before submitting life or annuity applications, ExamFX has you covered — and CEWisconsin's exclusive discount makes it even more affordable.
NFIP — National Flood Insurance Program
Required for agents who write flood insurance under the federal NFIP program. Covers:
- How the NFIP works and FEMA's role
- Flood zones, flood maps, and risk assessment
- NFIP policy structure and coverage options
- The Write Your Own (WYO) carrier program
- Community Rating System (CRS)
- Claims process and loss settlement
- Elevation certificates and flood proofing
AML — Anti-Money Laundering
Required for agents selling life insurance, annuities, and variable products. Covers:
- Bank Secrecy Act and USA PATRIOT Act basics
- How money laundering works and why insurance is a target
- Red flags and suspicious activity indicators
- Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs)
- Customer Due Diligence (CDD) and Know Your Customer (KYC)
- Your carrier's AML program and your role in it
- Consequences of non-compliance
How to Complete Your NFIP or AML Training
- Go to ExamFX: Visit www.examfx.com, select your state, and find the NFIP Flood Insurance or AML Anti-Money Laundering course.
- Apply the Discount: At checkout, enter [email protected] in the "Manager's Email Address" field to activate your 20-36% discount.
- Complete the Course: Work through the self-paced online modules at your own speed. Most agents finish in a single session.
- Download Your Certificate: Upon completion, download your certificate of completion. Keep a copy for your records and submit to your carrier as required.
- Submit to Your Carrier: Provide your AML or NFIP certificate to your appointing carrier(s) per their submission process. Most carriers have an online portal for this.
Why These Requirements Exist
The NFIP Background
The National Flood Insurance Program was created by Congress in 1968 because private insurers largely refused to offer affordable flood coverage. FEMA administers the program, which provides flood coverage to property owners in participating communities through more than 47 private carriers in the Write Your Own (WYO) program. The NFIP currently covers nearly 4.6 million policies providing almost $1.3 trillion in coverage.
Agents who sell NFIP policies must understand the program's unique rules — flood insurance works very differently from standard homeowners policies, and errors can leave policyholders underinsured when they need coverage most. Recent note: The NFIP experienced a 43-day authorization lapse in late 2025 when Congress failed to reauthorize the program before its October 1 expiration. During the lapse, no new NFIP policies could be issued or renewed — an estimated 1,300 home sales per day were impacted. The program was reauthorized retroactively in February 2026 and is currently authorized through September 30, 2026, pending further Congressional action.
The AML Background
Insurance products — particularly cash-value life insurance and annuities — have been used to launder money because they allow large single-premium deposits that can later be withdrawn as "clean" funds. The Bank Secrecy Act and related regulations require financial institutions, including insurance companies, to maintain AML programs. Carriers pass this requirement down to their appointed agents. As the person sitting across from the customer, you are the first line of defense.
Recent note: In April 2026, the FDIC, OCC, and NCUA jointly proposed new rules to modernize AML/CFT (Countering the Financing of Terrorism) program requirements under the Anti-Money Laundering Act of 2020. These proposed rules strengthen the risk-based approach and explicitly incorporate customer due diligence requirements. While these rules apply directly to financial institutions rather than individual agents, they signal continued regulatory tightening — expect carriers to pass updated training requirements down to their appointed agents in the coming months.
Frequently Asked Questions
I only sell P&C — do I need both courses?
Probably not. Property and Casualty agents who do not sell life, annuity, or variable products typically only need NFIP training (if they write flood). AML is primarily a life and annuity requirement. Check with your carrier(s) to confirm what they require for your specific lines of authority.
My carrier is requiring me to complete AML before I can submit my next application. How fast can I finish?
Very fast. The ExamFX AML course is typically 1-3 hours and is 100% self-paced. Most agents can purchase, complete the course, and have their certificate in hand the same day. The discount code [email protected] works at checkout to save you 20-36%.
Does the NFIP or AML course count toward my state CE requirement?
In most states, no. NFIP and AML training are carrier compliance requirements, not state-approved continuing education courses. They satisfy your carrier's mandate to write flood policies or submit life and annuity applications, but they generally do not count toward your state's CE credit hours. Check with your state's insurance department if you want to confirm. Wisconsin agents who need to fulfill their 24-credit biennial CE requirement should visit our home page to see CEWisconsin's approved Wisconsin CE courses — those are separate from NFIP and AML training.
How do I know if my specific carrier accepts ExamFX certificates?
ExamFX is accepted by hundreds of carriers nationwide for both AML and NFIP training. For AML specifically, the vast majority of major life and annuity carriers — including most household names — accept ExamFX certificates. For certainty, check your carrier's website for their approved provider list, or contact ExamFX directly before purchasing. ExamFX's customer support can confirm carrier acceptance.
Do I need to renew AML training every year?
Most carriers now require annual AML refresher training. Some accept an initial one-time completion, but this is becoming less common. The ExamFX AML course satisfies most carriers' annual renewal requirements, and the CEWisconsin discount code works each time you renew — so you save money year after year.
What's the difference between NFIP training and my regular P&C CE?
Standard P&C continuing education covers broad insurance principles, state law, and product knowledge across your lines. NFIP training is specifically focused on the federal flood insurance program — its unique structure, rules, and compliance requirements. Think of NFIP training as specialized product knowledge for one specific and very different type of policy. Your regular CE requirement remains separate.
What is the Write Your Own (WYO) program mentioned in the NFIP course?
The WYO program allows private insurance carriers to sell and service NFIP flood policies under their own names, while FEMA provides the backing. If you're writing flood insurance through a carrier like Travelers or Nationwide, you're likely working within the WYO program. Understanding WYO is essential for agents selling flood, because the policy form is federally standardized even though it's sold through private carriers.
About CEWisconsin
CEWisconsin has been a Wisconsin-approved insurance education provider since 2002 (Provider #20781). Our primary focus is continuing education for licensed Wisconsin insurance agents, but we've partnered with ExamFX to make sure agents nationwide have access to quality, discounted specialty training — including NFIP and AML courses — wherever they're licensed. Have questions? Contact us.
Last updated: April 2026