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.
Breaks are 10 minutes each hour.
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.
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.
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.
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.