Insurance CE Credit - Licensing Continuing Education

Insurance License CE News - CE Info

2011-12-12T13:57:00.000-08:00

Insurance Licensing and Continuing Education CE Newsletter

Life and Health

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Casualty

Fire

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California Insurance CE

2011-11-23T08:01:00.000-08:00

Satisfy your continuing education credits with the AIT virtual university. All course training is designed to get California insurance agents through their CE school requirements.
Every state has insurance continuing education requirements for licensed agents. The credits and topics needed will be different for each state. You can view the full catalog for California and choose the courses that best suits your CE needs.

The training can be completed online or in paper form.

See the full California Course Listings Online

Catalog includes Training in these sections:

Life CE
Fire and Casualty
Personal Lines Brokers
Life Insurance ce:

We have over 35 different courses for California Life Insurance Continuing Ed. These include: Annuity training, long term care courses, insurance law, medicare credits, insurance for estate planning, managed health care and much more.

Fire and Casualty :

Agents in California may need Fire and Casualty credits and our WEBCE university has all you need. These courses include: Homeowners insurance, flood insurance, commerical liability, workers compensation and reinsurance.

Personal Lines

We have over 25 courses in this section. Areas include: Crop Insurance, construction and commercial.

Some California CE Rules:

Fire and Casualty agents and Life brokers are required to complete 4 hours of Ethics CE every license term. Personal Lines agents must complete 2 hours of Ethics every license term.

Life agent or fire and casualty broker agent: 25 hours annually for first four years following original license issuance date, then 30 hours biennially thereafter.

Personal lines brokers must complete 10 hours every year

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Texas Insurance CE Ethics - Ethics for Producers: Cases and Comments

2011-07-24T07:36:00.000-07:00

The purpose of this course is to set forth the fundamentals of ethical practices that are associated with the business of selling insurance: both mandated requirements as well as expected standards. The course takes a practical approach to this topic by including numerous real-life case studies that illustrate the problems and issues that arise when ethics are ignored or neglected. Drawing from these case studies, the course explains the ethical principles that should be integrated into a producer’s day-to-day business practice, emphasizing the standards and ideals that can enhance performance and lead to a higher level of service and success. Case studies pertain to both life/health and property/casualty insurance.

Topics covered include:

•ethics vs. compliance;
•negligence;
•the producer’s role in insurance transactions and the insurance relationship;
•required and expected standards and practices;
•the producer’s duties to insurers and to clients;
•ethics in practice; and
•practice cases for review.

Texas Insurance CE Credits

CFA Test Training Course - CFA Class, Exam Training - Classified Ad

2010-09-13T06:09:00.000-07:00

The study notes and materials for each level of the CFA program is updated and accurate for current exam question content. Using the most reliable study notes is vital is preparing for the Chartered Financial Analyst certification.

Test Guides

We provide study guides to compliment the main study notes with the course.

Pass Rate

Our CFA pass rate is one of the highest in the country and comes with a money back guarantee for each level.

CFA Test Training Course - CFA Class, Exam Training - Classified Ad

California Pre License Insurance Course

2010-05-26T17:27:00.000-07:00

Begin training online to become a California insurance broker or agent and passing the pre license exam. American Investment Training's virtual online test course includes subjects for life and health, adjuster and courses for California P & C property and casualty licensing. Study and learn to pass the pre license insurance exam online using AIT's virtual university.

The course provides online exams with specific areas of selection of topic tests and final exams. The training also provides for test grading and feedback and unlimited attempts for all practice and final insurance exams during the course.

Life and Health Exam

Before you can offer or sell life and health insurance in California, you must complete training and pass the pre-license test. Using our online class, students can take a full interactive course or you can take practice exams, if you are using other life and health study material.

Our pre licensing course will teach you all of the topics and principles, as it applies to insurance rules, regulations and California state law.

The online course covers life, accident and health insurance concepts applicable to all state producer licensing tests, giving California students the training information they need to help pass the exam on the first try. This exam course is intended as a fully interactive introduction to health, accident and disability insurance.
Visit:
California Insurance Agent Training

IRMI Insurance Law for P and C Insurance Agents

2009-01-29T18:28:00.000-08:00

CE Course with 6 hours credit for Property and Casualty insurance agents, brokers and other licensed employees with the P&C designation.

This course provides an overview of insurance laws relating to the property and casualty (P&C) insurance industry. Legal issues affect nearly every aspect of the insurance transaction and a solid grounding in these concepts assists the insurance professional in numerous ways, whether that person is an agent, broker, adjuster, or underwriter. The target audience of this course is insurance professionals with a variety of experience who want to learn more about the legal aspects of property and casualty insurance.

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The course begins with an explanation of how insurance policies conform to property law, initially focusing on the different types of property. The rights and titles to property, bailments, security interests in property, and valuation of damaged property are also discussed. The following chapter discusses legal liability—a concept that is crucial to a proper understanding of liability insurance. A large part of this section concentrates on the complex issue of negligence, including the four elements of negligence and defenses in a negligence suit.

Agency law is a key area when it comes to legal principles for P&C insurance professionals. The insurance transaction begins with the agent or broker and defining what these terms mean is the logical first step in reviewing the concept of agency. Types of agency authority, categories of insurance agents, and differentiating agents from brokers are all reviewed. A discussion of the legal environment of underwriting follows, with an emphasis on the steps of the underwriting process and the legal restrictions that underwriters face.

Following the underwriting discussion is a review of the legal environment of the claims adjusting process. This chapter covers the types of adjusters, the insured’s duties after a loss, the insurer’s duties after a loss, the insurer’s options in responding to the claim, the process of resolving the claim, and related legal issues. The course concludes with a review of key consumer laws, such as the Fair Credit Reporting Act, insurance consumer bill of rights laws that many jurisdictions have adopted, and fair claims settlement laws in general.

Insurance CE Training

Financial Planning with Insurance Training - CE Credits Online

2009-01-29T18:16:00.000-08:00

American Investment Training has online courses for Life and health agents.

Financial Planning with Insurance - 12 hours Continuing Education approved online.

Course Description:

Financial Planning with Insurance is designed to provide an overview of the financial planning process and to identify items that you should consider when helping clients develop a sound financial plan. The course is structured to reflect in each chapter the major phases of the financial planning process.

The specific learning objectives for this course are the following:

to understand the primary components of a financial plan;

to know the specific information you must gather on a client to develop a
comprehensive and useful financial plan;

to learn the process of successfully analyzing the financial and non-financial needs of a client by matching current assets, income, expenses, liabilities, and contingencies to the stated goals of the client;

to recognize the importance of creating impact scenarios for your client; these scenarios are unexpected situations that arise that can significantly impact a financial plan;

to understand how to project the values of a client's assets at certain target dates for specific objectives;

to identify how to manage risk with certain insurance products;

to understand how to help clients successfully achieve the goals of college, retirement, and estate planning with a thorough and detailed financial plan.

Life and Health CE Courses

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CFP CE Continuing Education Hours - CFP Credits

2008-09-21T17:30:00.000-07:00

Earn you CFP CE credit hours online. Full credit and tracking. Approved online training for CFP Continuing Education.

30 hour CE course - Only 99$ This includes 9 subjects, covering 30 hours towards your CFP continuing education license. The topic areas are: Annuities 2 hour credit Advanced Estate Planning 2.5 hours Ethics for Insurance Agents 4 credit hours Life, Health, Disability and Long Term Care 3.5 hours Long Term Care 5 hour Medicare 1.5 hours Principles of Insurance 8.5 credit hours 401 k Plans 1 hour CFP Board Code of Ethics 2 hours

CFP ce hours Course

Anti Money Laundering CE Training Credits - AML

2008-07-29T19:04:00.000-07:00

This continuing education course - Anti-Money Laundering - is designed to introduce the student to the Patriot Act, Anti-Money Laundering programs and the rules pertaining to insurance companies and broker/dealers, as well as familiarize the individual with the Bank Secrecy Act and the SEC's involvement with money laundering.

To begin, this course reviews the background of the Patriot Act and the impact of the Act, the definition of money laundering and details of the Customer Identification Program. Discussed are compliance issues related to the Treasury Department in identifying "problem counties," political figures, etc. The effective date of insurance companies complying with the new rules is May 2, 2006 and this course continues on outlining the specific program and the required elements.

The next discussion details international counter money laundering and the Bank Secrecy Act Amendments and related inprovements. The SEC has introduced plans to conduct examinations of brokers dealers and this course outlines what to expect from the SEC and what the SEC recommends broker/dealers do to comply. Also included in this course is a review of the Bank Secrecy Act and details of an Anti-Money Laundering Compliance program for Broker/Dealer and Investment Advisor Firms with a sample of Broker/Dealer Branch procedures. A discussion of common money laundering schemes and hurricane related benefit fraud concludes this program.

Online Insurance CE Courses

Series 6 Online Licensing Course

Retirement Planning Strategies Course - Insurance CE

2008-07-29T18:49:00.000-07:00

Earn your CE credits for insurance licensing by taking the retirement planning strategies Continuing education agent license course. This is approved for all states where it is offered.

The purpose of this ce course is to provide a thorough orientation to the concept of retirement planning and how the licensed producer – through the products and services he or she offers – can help consumers plan for this vital stage of their lives. The course focuses on products and plans that are specifically designed to accumulate and distribute retirement funds and ensure financial security for late-life health care needs. The course covers the basics of developing a retirement funding plan, the many plans that are available for accumulating retirement savings, and the types of investment products that can be used to fund a retirement plan. Also addressed is the complex topic of retirement plan distributions and the many rules and regulations that surround this issue.

Finally, the course addresses the subject of health care for the retiree, and the available plans that cover this need, including Medicare, Medicare supplement policies and long-term care insurance policies.

The course covers the following topics:

The New Retiree
Basics of Retirement Planning
Social Security
Qualified Employer Plans
401(k) Plans
Retirement Plans for Small Businesses and the Self-Employed
Individual Retirement Accounts
Annuities
Retirement Plan Distributions
Health Care for the Retiree

This is a 10 hour CE course

Finance Broker Jobs

California Personal Lines CE 101 - Insurance Continuing Education

2008-06-18T19:03:00.001-07:00

The following California CE course is designed for personal lines agent credit. Written by IRMI International Risk Management Institute Inc.

This California CE course provides an introduction to personal lines insurance, which concerns financial protection for individuals and families, as compared to commercial lines insurance which focuses on protection for businesses and corporations. Examples of personal lines policies include homeowners, personal auto, and motor home insurance.

The personal lines 101 continuing education training is geared to individuals with little or no experience in the field of insurance. For example, it begins with a general discussion about how insurance operates and how it is defined as well as providing some basic insurance terminology. The course also discusses contract principles and the distinctive characteristics of insurance contracts.

The CE 101 training online then looks at some big picture issues, such as the operations and practices of the insurance industry. This includes an overview of the role of the agent, the claims adjusting process, claims administration, and underwriting practices. This is followed by a discussion of California insurance regulation, focusing on the role of the courts, statutory law, and the responsibilities of the state’s department of insurance.

The anatomy of an insurance policy is also reviewed, with discussions about declarations, covered perils, exclusions, definitions, conditions, and endorsements.

The course then shifts its focus to different types of personal lines insurance. The main attention will be on homeowners insurance and the personal auto policy. The course concludes with shorter discussions about miscellaneous personal lines forms, such as the personal umbrella, personal inland marine, watercraft, mobile home, motor home, dwelling, and farmowners policies. The course does not cover life and health insurance for California agents or brokers.

View the full course and earn your credits now online. Full reporting and support for all California ce subjects - including life, health, fire, personal lines and more.

California Insurance CE Courses

Long Term Care Programs - Policies CE Credit

2008-06-18T18:59:00.001-07:00

Long-Term Care: Programs, Policies, and Partnerships

This course has been certified by ClearCert, an independent information clearinghouse for LTC and LTC partnership training.

This continuing education course provides a thorough orientation to long-term care and the many options available to fund long-term care, including the new state partnership programs and partnership policies. Designed specifically for the licensed insurance professional to meet long-term care and partnership training requirements, the course details the facts and facets of long-term care: what it is, how it is provided, and how it can be funded. It explores the nature of long-term care, LTC services and providers, LTC insurance, partnership programs, and qualified partnership policies. It details federal and state programs, including Medicare and Medicaid, and explains the relationship between state LTC partnership programs and other private and public coverage of LTC services. The course also includes an in-depth discussion of the ethics and suitability standards associated with the sale of LTC insurance. This course has been approved for the one-time LTC and LTC partnership training required by this state.

CE Topics covered include:

The Need for Long-Term Care
Long-term Care Services and Providers
Medicare and Medigap
Medicaid
Long-term Care Insurance
Long-term Care Insurance Policy Designs and Options
Long-Term Care Partnership Programs
Qualified Long-Term Care Partnership Policies
Alternatives to Long-Term Care Insurance
Ethical Considerations in the Sale of Long-Term Care Insurance

Insurance License CE Courses

Commerical Auto Insurance CE - Auto Course Online

2008-04-28T11:07:00.000-07:00

Insurance agents needing continuing education for Commercial auto insurance can take the approved CE credit training offered by American Investment Training. The CE hours are approved for all states where commerical auto insurance license continuing education is needed.

This course provides an introduction to commercial auto insurance, focusing on the standard coverage forms developed for this line by Insurance Services Office, Inc. (ISO). It examines some of the motor vehicle statutes, the public policy issues behind the statutes, and the effect of these statutes on various types of commercial auto coverages.

The CE training course takes a broad look at some of the most common types of statutes, and also some of the most common provisions of those statutes. From there, the course moves on to a detailed analysis of the business auto coverage form, the motor carrier and truckers coverage forms, and the garage coverage form. Following that is a review of common endorsements to modify a policy’s provisions, expand or restrict coverage, add additional insureds, and tailor the policy to apply to specific types of risks. For each of these coverage forms discussed, primary emphasis is on the auto liability portion of the policy. The policies’ declarations pages are also considered at some length, especially as respects areas in which a clerical or typographical error could have serious negative impacts on coverage provided under the policy.

Auto physical damage coverage is discussed in both the business auto chapter and garage chapter of the course. In addition there is a discussion of trailer interchange coverage in the motor carrier/truckers chapter and a discussion of garagekeepers coverage in the garage chapter. This introductory course will equip the student to meet 8 educational objectives—an understanding of the following basic concepts.

Choose your state and begin Auto Insurance CE Course Training here. All completed credits are reported to you and your state insurance commission.

Florida Ethics Insurance Course - CE Ethics Training

2008-02-21T06:45:00.000-08:00

FLORIDA Ethics for the Insurance Services Practitioner

ETHICS FOR THE INSURANCE SERVICES PRACTITIONER is geared towards the Life and Health agent in Florida and discusses the nature of ethics and the parties to whom you have an ethical responsibility. We will talk about the common ethical issues that arise between insurance services practitioners and their customers.

You will learn how to recognize misleading sales practices, sales tools and misleading terms. This course will outline ways to replace those misleading terms and those misleading sales practices and sales tools with those that offer clarity and customer understanding.

You will learn in this training the importance of increased professionalism and ways that you can differentiate your practice on the basis of it high ethical level.

There are several learning objectives for the agent or individual taking this course to gain knowledge from. These objectives are found throughout the CE course and are reinforced in the questions found at the end of each section.

To understand the nature of ethics and identify those parties to whom you, as a practitioner, owe an ethical duty
To identify and change any misleading sales practices
To identify and change any sales tools that may mislead customers
To learn ways to replace the use of misleading terms with those offering clarity and customer understanding
To understand the need for increased professionalism and its consequences
To identify the sources of duty that practitioners owe insurers
To understand the common ethical issues that arise between financial services practitioners and customers
To learn ways to differentiate your practice on the basis of its high ethical level

This is an approved Florida Insurance agent course

Florida Insurance CE Online

Florida Title Insurance Continuing Education - Title CE

2008-02-21T06:39:00.000-08:00

The following online title insurance ce course provides the agent with the credit hours needed for requirement completion.

FLORIDA Effective and Ethical Communication with Seniors

Why would most professionals tell you that communicating in person with their clients is one of the most important things they do? Further, why would they tell you that face-to-face communication with senior clients who have special needs and interests is critical for ethical conduct? And why would they tell you that such communication with senior clients is one of the most challenging things to do well?

Effective and Ethical Communication with Seniors gives you real answers to these questions. You’ll find yourself using this information many times in your professional practice with seniors, and even in your personal relationships. This course goes beyond typical courses on communications, because it focuses on a comprehensive set of knowledge and skills that will enable you to better communicate with seniors. These recommendations will allow you to serve your senior clients even more ethically. In this Florida CE course, you’ll learn topics such as

factors that are often hidden underneath spoken words, which determine the suitability of a product or service for a senior client;

strategies to address five verbal behaviors that seniors often display as they tackle the developmental tasks of aging;

the difference between change and the 3-stage process of transition, and how this affects seniors;

seven tips for improving your nonverbal communication based on gender and culture;

a comprehensive approach to assessing your senior clients’ changing needs, and how to help them set smart goals;

a 4-step model that you need to successfully facilitate effective group meetings with your senior clients when their spouses, adult children, or other professionals are also involved; and tips and tools for planning and conducting more successful meetings with your senior clients, including conducting the “meeting before the meeting;” opening and closing your meeting; and conducting effective and efficient conference calls.

Effective and Ethical Communication with Seniors for Florida uses real-world examples and scenarios based on interviews with professionals from the insurance, tax planning and accounting, elder law, and geriatric care management fields.

Florida Title CE and Life Continuing Education Training

New York Health Insurance Continuing Education - Health CE Credit

2008-01-24T07:50:00.000-08:00

Health and Accident Insurance

This New York Health and Accident Insurance course provides an overview of various types of health insurance. It begins with an introductory general discussion of the ways in which health care coverage is provided to groups and individuals. From there it covers specific types of coverage:

Medical insurance, including basic medical expense insurance; major medical insurance; and Blue Cross/Blue Shield
The section on managed care programs (HMOs and PPOs) begins with a review of health care cost trends and an explanation of the cost-containment tools found in managed care plans.
The third part of the course looks at other non-medical forms of health insurance such as disability income insurance, long-term care insurance, and accidental death and dismemberment insurance.
New York Health insurance regulation examines both state regulation in the form of NAIC model laws, and federal laws such as HIPAA and COBRA.
The section on government health insurance explains the workings of Medicare, Medicaid, and workers compensation.
The final section looks at the taxation of premiums and benefits of the various types of insurance. It also reviews tax-sheltered vehicles for paying medical expenses, such as Health Savings Accounts.
The CE course is intended to guide insurance professionals, financial services industry professionals, and others who are engaged in the business of insurance and financial services toward an awareness and appreciation of not only the many forms which health insurance takes, but also the relationship among them. By understanding all of the health care options available to a client, the health insurance professional is better equipped to make sound recommendations.

New York Health Insurance CE Course

Texas Health and Accident Insurance CE

2008-01-22T07:36:00.000-08:00

TEXAS Health and Accident Insurance

This Health and Accident Insurance Continuing Education course provides an overview of various types of health insurance. It begins with an introductory general discussion of the ways in which health care coverage is provided to groups and individuals. From there it covers specific types of coverage:

Medical insurance, including basic medical expense insurance; major medical insurance; and Blue Cross/Blue Shield
The section on managed care programs (HMOs and PPOs) begins with a review of health care cost trends and an explanation of the cost-containment tools found in managed care plans.

The third part of the Texas continuing education course looks at other non-medical forms of health insurance such as disability income insurance, long-term care insurance, and accidental death and dismemberment insurance.
Health insurance regulation examines both state regulation in the form of NAIC model laws, and federal laws such as HIPAA and COBRA.
The section on government health insurance explains the workings of Medicare, Medicaid, and workers compensation.
The final section looks at the taxation of premiums and benefits of the various types of insurance. It also reviews tax-sheltered vehicles for paying medical expenses, such as Health Savings Accounts.
The CE course is intended to guide insurance professionals, financial services industry professionals, and others who are engaged in the business of insurance and financial services toward an awareness and appreciation of not only the many forms which health insurance takes, but also the relationship among them. By understanding all of the health care options available to a client, the health insurance professional is better equipped to make sound recommendations.

Texas Health Insurance CE Training

Life Insurance Policies - Life Agent CE

2008-01-21T11:29:00.000-08:00

Life Insurance Policies for Continuing Education

Life Insurance Policies examines the features, benefits and provisions of various types of life insurance. Following a general discussion of the personal and business uses of life insurance in Chapter 1, the course continues in Chapter 2 with a consideration of the traditional whole life insurance policy. It looks at the lifetime level premium concept and the attendant creation of policy reserves that policyowners may access through cash value loans and surrenders. After a consideration of ordinary whole life insurance, the chapter focus turns to other types of whole life insurance, including adjustable life, current-assumption life, modified premium whole life and various types of limited payment whole life plans.

In Chapter 3, Life Insurance Policies looks at term insurance and examines level, decreasing and increasing term plans from the perspective of coverage duration, premiums, renewability and convertibility. Term insurance advantages and disadvantages are considered. Chapter 3 concludes with a discussion of combination life insurance plans containing elements of both term insurance and permanent insurance.

Chapter 4 considers the shortest limited-payment life insurance policy available: single premium life insurance. It looks at single premium life insurance policies structured as whole life insurance, variable life insurance and current-assumption life insurance. The chapter addresses such important issues as surrender charges, policy loans, the crediting of interest and the mechanics of a single premium life insurance plan.

Universal life insurance is the subject of Chapter 5. In this chapter, the fundamental characteristics of universal life insurance are examined, including its flexible premiums and adjustable coverage. The chapter addresses the concept of net amount at risk and the death benefit options normally available in universal life insurance products. It examines expense charges, mortality charges and interest crediting. In addition to its discussion of declared-rate universal life insurance, it also introduces the agent to equity-indexed universal life insurance contracts and how cash values are determined under them. The concept of index call options and equity-indexed product participation rates are discussed along with the various interest-crediting methods used in equity-indexed products.

Variable life insurance and variable universal life insurance products are examined in Chapter 6. The chapter includes a discussion of variable life insurance in the United States and considers the social, investment and other factors that affected its development and introduction. It offers an in-depth look at the separate account and the various tools that the policyowner may use to manage the volatility of variable product cash values, such as interest sweep, dollar cost averaging and automatic asset re-balancing.

Chapter 7 examines survivorship life insurance; it considers survivorship universal life insurance and survivorship whole life insurance on both a level premium and step-rate basis. It discusses the use of survivorship life insurance in estate and business insurance planning and examines the various features and benefits associated with the product, including the policy split option, substitute insured provisions and guaranteed death benefits.

Chapter 8 of Life Insurance Policies examines the tax treatment to which life insurance is subject. It discusses IRC §7702, modified endowment contracts, transfers for value and the special tax treatment given to split dollar plans and life insurance purchased in qualified retirement plans.

Upon successful completion of this course, the agent should be able to:

Explain the development and principal benefits of life insurance
Discuss the relationship of the premium, death benefit and cash value in a permanent life insurance policy
Compare the various types of whole life insurance, including ordinary life, limited payment life, adjustable life and current-assumption life policies
Demonstrate the advantages and disadvantages of whole life insurance
Explain the tax treatment given to life insurance policies
Discuss the uses and benefits of term life insurance
Compare and contrast the features of single premium whole life insurance, single premium variable life insurance and single premium current assumption life insurance
Explain how universal life insurance operates
Discuss the ways that interest may be credited under equity-indexed universal life insurance policies
Explain how cash values and death benefits of variable life insurance policies are affected by the performance of the separate account
Demonstrate the uses and features of survivorship life insurance

Independent Insurance Broker

Life Agent CE Credits

Small Business Life Insurance - CE Education

2008-01-21T11:27:00.000-08:00

Life Insurance For Businesses introduces the students to the application of life insurance in the business community as a method of solving many of the complex issues that the business owner faces. Business life insurance is always associated with how that business entity has been structured: is the business a sole proprietorship, a partnership, a corporation, or a limited liability company? The answer to this question dictates how the company manages risks in terms of human capital, or what will and may happen to the business, to the investors, to the employees, and to the families of the employees in the event of death. In light of these considerations, this course thoroughly analyzes the problems common to all of these business structures and compares the specific problems they encounter. At the conclusion of this course, the student can be expected to understand:

The advantages and disadvantages of the various business structures that exist today.
The need to be familiar with the complexities of business ownership in it’s various styles and operational activities.
The purpose for business continuation and succession planning and the vital role played by the use of life insurance.
How risk management solutions are tailored to fit a particular business structure.
The impact of tax considerations in preparing a plan.
Various planning strategies that will protect and enhance the business owner’s ability to obtain, retain, and promote the relationships of key personnel.
The value of keeping businesses in a vibrant role of continuation through solutions that are beneficial to owners, employees and heirs.

Small Business Insurance Course

Universal Life Insurance - UL

2008-01-20T14:05:00.000-08:00

Universal Life Insurance describes the special characteristics and various applications of universal life and variable universal life policies. Before the introduction of universal life into the marketplace, life insurance policies were premium-dependent and had little, if any, flexibility. Universal life and variable universal life policies have expanded the use of insurance planning to include objectives of asset accumulation, tax planning, asset protection, retirement income, educational funding, and additional uses beyond the single focus on the death benefit.

At the end of this course, you will understand the fundamental and important characteristics that separate the old policy structures from those of the new policies; how and when the universal life policy is best suited for the client’s needs and objectives; responsibilities of designing premium strategies for specific policy goals; the guidance and purpose of regulatory parameters; and application of planning techniques with universal life policies.

The course begins by examining the various life insurance products that are currently available. By comparing these products’ characteristics with those of universal life and variable universal life, you will see the added flexibility that the new products offer.

The life insurance industry made a monumental shift in policy design when it created universal life insurance and variable universal life insurance.

Universal Life Insurance Plan

Insurance CE Online

Tax Shelter Annuity Plan - Annuities CE

2008-01-20T14:01:00.001-08:00

Tax Sheltered Annuity Plans discusses the personal retirement savings plan available to employees of certain non-profit organizations and public schools under §403(b) of the Internal Revenue Code. The course begins with an examination of both employer and participant eligibility. The general limits on contributions are examined, and the special catch-up contributions are considered. The nature of the salary reduction agreement is discussed. The rules governing premature and required distributions are discussed, and the limits applicable to participant loans from tax sheltered annuities are considered. The maximum loan repayment schedules are addressed, and the consequences of loan default are explained. Estate and gift tax (on designation of irrevocable beneficiary) rules are discussed. The income tax treatment of plan contributions and distributions is examined, including:

Premature distributions and exceptions to the 10% tax penalty
Mandatory 20% withholding on certain lump-sum distributions
Permitted tax sheltered annuity investments are discussed. The term “annuity,” when used in a 403(b) plan includes incidental life insurance, a fixed annuity or a variable annuity. Custodial accounts may be used to fund tax sheltered annuity accounts. Through custodial accounts, a participant may purchase redeemable shares in an open-end mutual fund. Finally, the course discusses the various plan requirements.

American Investment Training

Life and Health Insurance Law CE

2008-01-20T13:51:00.001-08:00

Life and Health Insurance Law examines the legal concepts that are central to life and health insurance contracts and to the transacting of these types of insurance. The course begins with a discussion of insurance regulation and examines its objectives. It then turns to a consideration of basic contract law with an examination of the concepts of offer, acceptance and consideration and shows how they apply to insurance contracts. It explains the concepts of indemnity, subrogation, coordination of benefits, insurable interest and insurable value and discusses the nature of collateral and absolute assignments.

Insurance consumer protection is discussed as is the societal change from caveat emptor to caveat vendor. Various deceptive and unfair trade practices are examined, including breach of contract, negligence, fraud and failure to make timely claim payment. The judicial remedies available to consumers are detailed.

Various issues that affect liability are explained. The law of agency, under which a principal is bound by the authorized acts of its agent, is considered. The types of authority conveyed to agents are examined, including express authority, implied authority and apparent authority. Classic defenses to liability—waiver, estoppel, election and course of conduct and custom—are identified and discussed.

Issues affecting the taxation of life insurance are considered. Among the issues discussed are the statutory definition of life insurance, the tax consequences of a life insurance policy’s becoming a modified endowment contract, the sale of an existing life insurance policy, the special tax consequences of life insurance in split dollar plans, and the tax treatment of premiums and death benefits under policies in qualified retirement plans.

The course concludes with a brief discussion of the problem of unauthorized insurance entities and the consequences of an agent’s or broker’s representation of an unauthorized insurer.

Insurance CE Credits