North Dakota joins VA to reimburse veterans for exams

(Bismarck, N.D. – Insurance News 360) – On Dec. 21, 2017, Insurance Commissioner Jon Godfread announced that veterans who have taken any of the nine North Dakota insurance producer exams after June 1, 2017, may be reimbursed for their exam fee. This reimbursement comes from a partnership between the North Dakota Insurance Department and the Veterans Educational Assistance Program (VEAP), a program of the U.S. Department of Veterans Affairs (VA). Individuals wishing to sell insurance products in North Dakota must take the exam under their particular line of insurance to be licensed.

“I am grateful to the Veterans Educational Assistance Program for this opportunity and to the Department staff who pursued this partnership,” Godfread said. “This collaboration is just one way that we can express our gratitude to veterans for their service and help them to provide another great service to North Dakota consumers.”

Nine exams have been approved for reimbursement. They are:

Accident and Health

Bail Bonds

Casualty

Consumer Credit

Crop Hail Insurance

Legal Expense Insurance

Life and Annuity

Personal Lines

Property

North Dakota resident producers who took state insurance exams between June 1 and Dec. 14 have been notified by email of their potential eligibility for reimbursement.

“I am proud of the collaboration between the Department and the Veterans Educational Assistance Program that will now allow us to offer this benefit to the men and women who have served this great country,” Zimmer said. “This is just one small token of our appreciation that we can offer to say thank you.”

For more information about exam reimbursement for veterans, visit www.nd.gov/ndins/producers/VeteranExamReimbursement or call the Department at (800) 247-0560.

Source: North Dakota Insurance Department.