The mandatory Flood Insurance course gives a brief history of Flood Insurance Including the Mississippi River Commission and the various Flood Acts since 1936. Usage of the numerous forms associated with a flood policy is discussed in detail. The requirements to comply with the Flood Insurance Reform Act of 2004 are detailed including the forms required by the Act. Flood Insurance rating and claims handling are discussed, outlining a policyholders responsibilities when filing a claim.
The Homeowners course covers the eligibility guidelines for the six major policies in the HO 2000 program that cover homeowners, renters, and owners of condominiums or cooperatives. The Homeowners 2, broad form (HO-2) policy is a named-perils policy that specifically covers perils enumerated in the policy including, windstorm, lightning, or hail and fire.
Auto insurance is one of the most common and important types of insurance sold to consumers. Students taking this course will learn why auto insurance is mandated by examining the basis of legal liability and who the auto policy protects them from that liability. Topics covered include, uninsured Motorist, medical payments and collision insurance. The various endorsements that can be added to a policy are discussed as well as the general policy provisions of an auto policy.
High Risk Property & Workers Comp in NC
Three (3) Hours C.E.
This course is designed to acquaint agents and adjusters with the methods used in North Carolina to insure risks that may not be accepted on a voluntary basis by insurers.
This course provides an overview of the ethical issues facing the insurance industry and its agents today. The course addresses key issues facing insurance professionals and sets forth basic ethical standards, both expected and mandated by North Carolina law. Key issues such as full disclosure, fiduciary responsibility, advertising, and acting responsibly and professionally are emphasized.
Upon completion of this course, the student will understand the demographics of the Baby Boomer generation and the long term care market. Students will have an understanding of the social aspect of aging as it pertains to seniors and their emotional well being. The course discusses the various options available to the senior market and the current trends in long term care facilities. Paying for long term care is a major concern for the elderly and their families, and this course will discuss the various options available today. Long term care insurance is examined as the most sensible option for payment of long term care, including policy provisions and government regulation. Tax considerations for both individual, group and corporate are also discussed.
Part I of the course provides a brief history of the Medicare program as it was originally created in 1965. The course provides an in-depth overview of the coverage provided in Medicare A & B. The financing mechanism for Original Medicare is discussed as well as the penalties for failure to enroll when first eligible and failure to pay the premiums. Key legislation affecting Original Medicare in recent years is also discussed.
Part II defines Medicare supplement insurance and how the policies fill in the gaps which leave seniors on Medicare vulnerable. While underage eligibility is mentioned, this course concentrates on individuals who are 65+ years old. The 12 different Medicare supplement plans are discussed and what is covered by each plan. North Carolina law pertaining to Medicare supplement insurance is discussed with an emphasis on key elements such as enrollment periods, open enrollment, The Buyer’s Guide, tax qualified plan rules and eligibility. Federal standards will also be discussed.
Long Term Care Partnership Certification Refresher
Four (4) Hours C.E.
This course is the mandatory refresher course required for the Long Term Partnership Certification.
1:00 pm - 5:00 pm
10 minute break per hour
Course content includes explanation of what COBRA is, its purpose and how it is enforced. Also covered will be criteria for compliance, who must comply, the qualifying events that make COBRA necessary, how long it can last and benefits covered, as well as not covered. The last portion of the class will explain the responsibilities of both employer and the beneficiary. Penalties for COBRA non-compliance will also be discussed.
Upon completion of this course, the student will understand what an annuity is and its purpose. Students will become familiar with the different types of annuities available in the market today. The course discusses the parties to an annuity contract and the responsibilities of each party. The student will have a basic understanding of the standard annuity policy provisions found in all annuity contracts. Taxation of the various aspects of the annuity contract are discussed, as well as the annuity market and uses of annuities.