Donate
Description
This program does NOT satisfy the Ethics CE requirement.
Certified Financial Planners ‘will learn the process of the development of ethical standards within the insurance industry from this course. This course covers in detail components of making ethical decisions and common areas of ethical conflict. They will learn how a thorough knowledge of all the insurance products is recommended as part of their ethical duties to the consumer. This course will also explain the most common triggers to insurance litigation and the role that the insurer plays when involved in litigation.
Learning Objectives
The specific course learning objectives are as follows:
• To learn the process of the development of ethical standards within the insurance industry through the use of examples.
• To cover in detail the components of making ethical decisions and the most common areas of ethical conflict within the insurance industry.
• To discuss the due diligence process in selecting an insurer to represent including solvency, current ratings, conflicts of interest and market conduct.
• To explain how a thorough knowledge of all insurance products recommended is part of an agent’s ethical duties to the consumer.
• To describe legal and ethical issues relating to client privacy and how the agent should treat client information in the course of gathering, using and storing the information.
• To cover HIPAA as it relates to protected medical information
• To explore the do not call rules and penalties for violations.
• To understand the most common triggers to insurance litigation and the role the insurance agent and the insurer will play when involved in litigation.