Description
The risks of death, disability, and long-term care can have an enormous financial impact on the life of any individual, and certainly on the life of the affluent client. Finding the means to minimize this exposure is of utmost importance. In most cases, insurance will provide the best way of doing so. Because insurance can be applied in myriad of ways, in this course, financial advisors will learn the process that should be followed to arrive at the best possible solution for their client.
Learning Objectives
In this course, financial advisors will learn the process that should be followed to arrive at the best possible solution for their client. In so doing, this course will address several objectives, including identifying the needs associated with different stages of life, identifying solutions for those needs, providing an in-depth understanding of the life insurance products that are used to provide these solutions, and selecting the proper product and amount.
Key topics include:
– The personal financial lifecycle
– Personal insurance solutions
– Term and Whole Life Insurance
– Universal and Variable Life Insurance
– Riders
– Disability insurance
– Taxation of insurance benefits
– Types of long-term care insurance
– Methods for determining how much life insurance is needed