Ethics and Professional Practice
Legal Framework Governing Life Insurance
- Integrate into practice the legal aspects of insurance and annuity contracts
- Delimit the legal framework governing life insurance
Insurance Policy Provisions
- Integrate into practice the legal aspects of insurance and annuity contracts
- Characterize the parties involves in the contract
- Contextualize the rules relating to the contract’s formation, taking effect, reinstatement and termination
- Explain the main provisions and clauses of an insurance or annuity contract
Life Insurance, Accident & Sickness Insurance and Annuity Claims-Payment of Proceeds
- Integrate into practice the legal aspects of insurance and annuity contracts
- Integrate into practice the rules relating to beneficiary designation and exemption from seizure of benefits
- Contextualize the rules relating to claims and the payment of benefits
Rules and Principles Governing the Activities of Life Insurance Agents and Accident & Sickness Insurance Agents
- Integrate into practice the legal aspects of insurance and annuity contracts
- Explain the role of the organizations that protect clients
- Integrate into practice the obligations and responsibilities of life insurance agents
Life Insurance
Introduction to Life Insurance
- Assess the client’s needs and situation
- Articulate the client’s needs based on the risks that could affect their financial situation
Term, Whole and Universal Life Insurance
- Assess the available products that meet the client’s needs
- Analyze the types of contracts that meet the client’s needs
Term Life Insurance
- Assess the available products that meet the client’s needs
- Analyze the types of contracts that meet the client’s needs
Whole Life Insurance
- Assess the available products that meet the client’s needs
- Analyze the types of contracts that meet the client’s needs
Universal Life Insurance
- Assess the available products that meet the client’s needs
- Analyze the types of contracts that meet the client’s needs
Riders and Supplementary Benefits
- Analyze the available products that meet the client’s needs
- Analyze the riders that meet client’s needs
Group Life Insurance
- Analyze the available products that meet the client’s needs
- Analyze the riders that meet client’s needs
Taxation of Life Insurance and Tax Strategies
- Analyze the available products that meet the client’s needs
- Analyze the types of contracts that meet the client’s needs
- Assess the client’s needs and situation
- Assess the appropriateness of the client’s existing coverage in regard to their situation
- Implement a recommendation adapted to the client’s needs and situation
- Propose a recommendation adapted to the client’s needs and situation
Business Life Insurance
- Analyze the available products that meet the client’s needs
- Analyze the types of contracts that meet the client’s needs
- Assess the client’s needs and situation
- Articulate the client’s needs based on the risks that could affect their financial situation
Application and Underwriting
- Implement a recommendation adapted to the client’s needs and situation
- Consider the impact of underwriting criteria as they apply to the client’s situation
- Consider the requirements that must be met to implement the recommendation
Assessing the Client’s Situation
- Asses the client’s needs and situation
- Determine the client’s situation
- Assess the appropriateness of the client’s existing coverage in regard to their situation
Recommending an Insurance Policy
- Asses the client’s needs and situation
- Articulate the client’s needs based on the risks that could affect their financial situation
- Implement a recommendation adapted to the client’s situation
- Propose a recommendation adapted to the client’s needs and situation
Ongoing Service
- Provide customer service during the validity period of coverage
- Validate the appropriateness of contract amendment, renewal and termination application in regard to the client’s situation
- Inform the claimant of the claims process
Accident and Sickness Insurance
Financial Protection Provided by Accident and Sickness Insurance
- Assess the client’s needs and situation
- Articulate the client’s needs based on the risks that could affect their financial situation
Insurance to Protect Income
- Analyze the available products that meet the client’s needs
- Analyze the types of contracts that meet the client’s needs
- Analyze the riders that meet the client’s needs
Insurance to Protect Assets
- Analyze the available products that meet the client’s needs
- Analyze the types of contracts that meet the client’s needs
- Analyze the riders that meet the client’s needs
Insurance to Protect Business
- Analyze the available products that meet the client’s needs
- Analyze the types of contracts that meet the client’s needs
- Implement a recommendation adapted to the client’s needs and situation
- Propose a recommendation adapted to the client’s needs and situation
Client Profile
- Assess the client’s needs and situation
- Determine the client’s situation
- Assess the appropriateness of the client’s existing coverage in regard to his or her situation
- Articulate the client’s needs based on the risks that could affect their financial situation
- Implement a recommendation adapted to the client’s needs and situation
- Propose a recommendation adapted to the client’s needs and situation
Insurance Recommendation, Contract and Service Needs
- Analyze the available products that meet the client’s needs;
- Analyze the types of contracts that meet the client’s needs;
- Analyze the riders that meet the client’s needs;
- Consider the impact of underwriting criteria as they apply to the client’s situation;
- Implement a recommendation adapted to the client’s needs and situation;
- Propose a recommendation adapted to the client’s needs and situation;
- Confirm the requirements that must be met to implement the recommendation;
- Provide customer service during the validity period of the coverage.
- Validate the appropriateness of contract amendment, renewal and termination applications in regard to the client’s situation;
- Inform the claimant of the claims process.
Group Plan Specifics
- Assess the client’s needs and situation;
- Determine the client’s situation
- Assess the appropriateness of the client’s existing coverage in regard to their situation
- Analyze the available products that meet the client’s needs;
- Analyze the types of contracts that meet the client’s needs
- Consider the impact of underwriting criteria as they apply to the client’s situation
- Implement a recommendation adapted to the client’s needs and situation;
- Propose a recommendation adapted to the client’s needs and situation
- Validate the appropriateness of contract amendment, renewal and termination applications in regard to the client’s situation;
- Provide client service during the validity period of the coverage
- Inform the claimant of the claims process
Segregated Funds and Annuities
Investment and Savings
- Assess the client’s needs and situation
- Determine the client’s situation, investment objectives and investor profile
- Articulate the client’s needs based on the risks that could affect their financial situation
- Analyze the available products that meet the client’s needs
- Analyze the advantages of segregated funds in comparison to other types of investments in regard to the client’s needs
- Implement a recommendation adapted to the client’s needs and situation
- Propose a recommendation adapted to the client’s needs and situation
Segregated Funds
- Analyze the available products that meet the client’s needs
- Analyze the types of investments that can constitute a segregated fund and that meet the client’s needs;
- Analyze the advantages and limitations of segregated funds in comparison to other types of investments in regard to the client’s needs;
- Implement a recommendation adapted to the client’s needs and situation
Annuities
- Analyze the available products that meet the client’s needs
- Analyze the types of annuities that meet the client’s needs
- Implement a recommendation adapted to the client’s needs and situation
- Propose a recommendation adapted to the client’s needs and situation
Investor Profile
- Analyze the client’s needs and situation
- Determine investment objectives and investor profile
- Assess the appropriateness of the client’s existing coverage in regard to their current situation
- Articulate the client’s needs based on the risks that could affect their financial situation
- Implement a recommendation adapted to the client’s needs and situation
- Propose a recommendation adapted to the client’s needs and situation
Segregated Funds and Annuity Recommendation
- Analyze the available products that meet the client’s needs
- Analyze the types of investments that can constitute a segregated fund and that meet the client’s needs
- Implement a recommendation adapted to the client’s needs and situation
- Propose a recommendation adapted to the client’s needs and situation
Segregated Funds Contract
- Analyze the available products that meet the client’s needs
- Analyze the advantages of segregated funds in comparison to other types of investment in regard to the client’s needs
- Implement a recommendation adapted to the client’s needs and situation
- Confirm the requirements that must be met to implement the recommendation
- Provide customer service during the validity period of the coverage
- Validate the appropriateness of contract amendment, renewal and termination application in regard to the client’s situation
- Inform the claimant of the claims process
Annuity Contracts
- Implement a recommendation adapted to the client’s needs and situation
- Confirm the requirements that must be met to implement the recommendation
- Provide customer service during the validity period of the coverage
- Validate the appropriateness of contract amendment, renewal and termination application in regard to the client’s situation
- Inform the claimant of the claims process
Group Retirement and Investment Plans
- Assess the client’s needs and situation
- Determine the client’s situation, investment objectives, and investor profile
- Assess the appropriateness of the client’s existing coverage in regard to their situation
- Analyze the available products that meet the client’s needs
- Analyze the advantages of segregated funds and annuities in comparison to other types of investments
- Implement a recommendation adapted to the client’s needs and situation
- Propose a recommendation adapted to the client’s needs and situation
- Confirm the requirements that must be me to implement the recommendation
- Provide customer service during the validity period of the coverage
- Validate the appropriateness of contract amendment, renewal and termination application in regard to the client’s situation
- Inform the claimant of the claims process
