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.
This course will give students a basic understanding of the Roth IRA and will cover the differences between the traditional IRA as compared to the Roth IRA. The course also outlines the important factors one needs to understand when considering contributing or converting a Roth IRA.
Upon completion of this course, the student will understand what types of groups are eligible for group insurance and the types of employee benefits the employer may offer. Additionally, the student will understand the legal requirements that must be met and the documents required to install the various group plans. Students will learn when a cafeteria plan is advantageous for a group and what benefits are allowed to pass through a cafeteria plan. At the end of the course, the student will have a general understanding of the rules governing Health Reimbursement Arrangements (HRAs) and Health Savings Accounts (HSAs) that are continuing to evolve and increasing in popularity. Flexible Spending Accounts will be discussed and how they relate to cafeteria plans and how they may coordinate or replace HRAs.