What does the Life Insurance course cover?
Life Insurance is covered here in 10 modules: Introduction to Life Insurance: Types of life insurance policies, Life Insurance Principles: Claims processing and settlement, Premium payments and policy lapse, Life Insurance Policy Types: Term life insurance, Whole life insurance and 7 more.
How do you approach Life Insurance step by step?
The work is sequenced in 10 stages. It starts with Introduction to Life Insurance: Types of life insurance policies, moves through life Insurance Principles: Claims processing and settlement, Premium payments and policy lapse and Life Insurance Policy Types: Term life insurance, Whole life insurance, and ends at Advanced Life Insurance Topics: Charitable giving and life insurance.
What is in Module 1 of the Life Insurance course?
Module 1 is Introduction to Life Insurance: Types of life insurance policies. It works through definition and purpose of life insurance, types of life insurance policies, key components of a life insurance policy and 1 more. It sets the vocabulary the remaining 9 modules build on.
How is the Life Insurance course delivered?
The Life Insurance course is fully self-paced with immediate online access after enrolment. Access does not expire and future updates are included at no cost. It can be taken on any device, and a certificate of completion is issued by The Art of Service when you finish.
How much does the Life Insurance course cost?
The Life Insurance course is $199 as a one time payment. There is no subscription, no per seat licence and no hidden fee. Enrolment carries a 30 day satisfied or refunded guarantee, so it can be assessed in full before you commit.
Closely related courses: Life Insurance Toolkit, Whole Life Insurance Toolkit, Life Insurance in Market Growth Kit, Life Insurance Underwriting Risk Assessment Playbook.
More answers: what you get with every course, refund policy, all help answers.
Mastering Life Insurance: A Comprehensive Self-Assessment Guide
Course Overview
This comprehensive course is designed to provide participants with a thorough understanding of life insurance, its principles, and its applications. Participants will receive a certificate upon completion, issued by The Art of Service.Course Features
- Interactive and engaging content
- Comprehensive and personalized learning experience
- Up-to-date and practical information
- Real-world applications and case studies
- High-quality content developed by expert instructors
- Certificate of Completion issued by The Art of Service
- Flexible learning schedule and user-friendly interface
- Mobile-accessible and community-driven
- Actionable insights and hands-on projects
- Bite-sized lessons and lifetime access
- Gamification and progress tracking features
Course Outline
Module 1. Introduction to Life Insurance: Types of life insurance policies
- Definition and purpose of life insurance
- Types of life insurance policies
- Key components of a life insurance policy
- Benefits and limitations of life insurance
Module 2. Life Insurance Principles: Claims processing and settlement, Premium payments and policy lapse
- Insurable interest and risk assessment
- Policy ownership and beneficiary designation
- Premium payments and policy lapse
- Claims processing and settlement
Module 3. Life Insurance Policy Types: Term life insurance, Whole life insurance
- Term life insurance
- Whole life insurance
- Universal life insurance
- Variable life insurance
- Indexed universal life insurance
Module 4. Life Insurance Riders and Endorsements: Long-term care rider, Child protection rider
- Waiver of premium rider
- Accidental death benefit rider
- Long-term care rider
- Child protection rider
- Other riders and endorsements
Module 5. Life Insurance Underwriting: Underwriting process and requirements
- Underwriting process and requirements
- Medical underwriting and examinations
- Non-medical underwriting and simplified issue
- Guaranteed issue and final expense underwriting
Module 6. Life Insurance Policy Administration: Policy issuance and delivery
- Policy issuance and delivery
- Premium payments and billing
- Policy changes and amendments
- Policy cancellation and lapse
Module 7. Life Insurance Claims and Settlement: Death benefit payment options
- Claims processing and requirements
- Death benefit payment options
- Accelerated death benefit and living benefits
- Claims disputes and resolution
Module 8. Life Insurance Marketing and Sales: Policy placement and delivery
- Marketing strategies and techniques
- Sales approaches and presentations
- Needs analysis and policy selection
- Policy placement and delivery
Module 9. Life Insurance Regulation and Compliance: Producer licensing and training
- Insurance regulation and oversight
- Compliance requirements and standards
- Producer licensing and training
- Consumer protection and advocacy
Module 10. Advanced Life Insurance Topics: Charitable giving and life insurance
- Business life insurance and key person insurance
- Estate planning and life insurance trusts
- Charitable giving and life insurance
- International life insurance and expatriate insurance