The Ethics of Life ... for Life and Health Insurance Professionals

Description

Every person is at risk for lapses in ethical conduct; however, many issues are unique to insurance. This course is designed to present the foundaQonal ethical principles relevant to all insurance pracQQoners and topics unique to the sales and servicing of life and health products. Examine the legal and regulatory framework in which life and health agent's funcQon, discuss the meaning of suitability, and cite the client and product factors that must be considered in a suitability analysis. Examine the potenQal conflict of interest for an agent who serves as an intermediary between the insurance company and the named insured. Evaluate the ethical ramificaQons resulQng from violaQng unfair and decepQve trade pracQce regulaQons, unfair discriminaQon, misrepresentaQon of policy benefits, insurer or compeQtor defamaQon, inaccurate dividend projecQons, or violaQon of policy conversion or surrender or cancellaQon provisions.