Breaks are 10 minutes each hour.
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.
The objective of this course is to educate the student about one of the most important social insurance plans in the United States. The student twill learn about the four main benefits provided by Social Security including who qualifies and how they qualify for those benefits. Students will be a basic understanding of how the benefits are calculated, as well as when and if the benefit will be taxed. The future of Social Security will be discussed, followed by an overview of ideas put forth to save the program by those responsible for it.
This course will educate students about fixed annuities and how the Equity Indexed Annuities (EIA) allows the annuity owner to participate in the upside of the stock market with the safety of the fixed annuity. The student will learn about the complexities of the product and the importance of understanding the EIA before trying to sell the product. Students will become familiar with the various indexing methods and the unique features of the EIA. Target markets will be discussed and suitability issues and concerns will be examined. Concerns about abuses in the senior market as it applies to the EIA will be discussed. The course will look at recent steps taken by the SEC to regulate the product and debate the pros and cons of added regulation.