CE 91181. Ethics for Agents: Compliance Standards vs. Ethical Standards
Approved for 9908, Credits 5
Ethics is a the highest level for all professionals, in this class we will be discussing the core values for ethical decisions when assisting the client, working with the insurance companies and addressing the general public’s needs. The insurance professional standards assist in maintaining integrity, guarding against the conflict of interest, recognizing the accountability. Loyalty to the industry confirms that doing what is right is the goal. A discussion on Unethical practices will keep the agent from having their license suspended or revoked.( Should be applied as elective for all insurance licenses)
CE 90890. Law and Ethics Update LHV
Approved for 05215, Credits 5
This program meets the FL DOI CE mandatory requirements for Florida licensed (2-15, 2-14, 2-40, 2-18) insurance professionals, addressing the following areas of concern: Regulatory Awareness (i.e. jurisdiction of duties/responsibilities of the CFO, DFS, OIR, OFR); licensing requirements (appointments, agency licensing, license updates, duties of licensed vs. unlicensed personnel); Other Requirements (advertising, recordkeeping); Department Communication; Guaranty Association; Insurance Laws/Updates (new FL law updates; pertinent Federal Law Review applicable to FL licensed insurance professionals); Ethical Requirements (Code of Ethics, marketing regulatory & ethical guidelines, understanding industry products & suitability of sales/services, unfair methods of competition and unfair or deceptive acts, understanding required premium discounts); Disciplinary/Industry Trends (recent violations/enforcement actions, unauthorized products/entities, new and other important terminology). (Should be applied as elective for all other licenses)
CE 90922. Homeowners claims, Liability Coverages
Approved for 0220, Credits 6
This course will make agents aware about the substantial liability loss exposure that homeowners face. Also, agents will acquire better understanding Of the two coverages of Section II of a homeowners policy (personal liability and medical payments to others). Agents should be able to understand the basis of Legal liability and the way in which homeowners policies protect insureds from the financial consequences of that liability as well as the exclusions, conditions and additional coverages that apply. (Should be applied as elective for all other licenses)
CE 91150. 5 hour P&C Law and Ethics update
Approved for 05220, Credits 5
This program meets the FL DOI CE mandatory requirements for Florida licensed (2-20, 4-40, 20-44) insurance professionals, addressing the following areas of concern: Regulatory Awareness (i.e. jurisdiction of duties/responsibilities of the CFO, DFS, OIR, OFR); licensing requirements (appointments, agency licensing, license updates, duties of licensed vs. unlicensed personnel); Other Requirements (advertising, recordkeeping); Department Communication; Guaranty Association; Insurance Laws/Updates (new FL law updates; pertinent Federal Law Review applicable to FL licensed insurance professionals); Ethical Requirements (Code of Ethics, marketing regulatory & ethical guidelines, understanding industry products & suitability of sales/services, unfair methods of competition and unfair or deceptive acts, understanding required premium discounts); Disciplinary/Industry Trends (recent violations/enforcement actions, unauthorized products/entities, new and other important terminology). (Should be applied as elective for all other licenses)
CE 90921. Senior Suitability
Approved for 9900, Credits 3
This course will provide Agents with an overview of all the significant changes to Florida Insurance Laws initiated by both, the John and Patricia Seibel Act and the Safeguard Our Seniors Act. Agents will understand the facts that led to the passing of the John and Patricia Seibel Act, the basics of annuity products and the restrictions they might impose on senior customers. They will also get acquainted on the standards by which annuity recommendations should be made to seniors, as well as the information that must be obtained and documented before the sale of an annuity to a senior customer. Finally, Agents will get a deep understanding about the required annuity disclosures, the unfair and deceptive acts, the penalties and corrective actions that may be imposed when it is determined that a senior consumer was harmed by the sale of an unsuitable annuity, the ethics of suitable annuity sales and the agent’s fiduciary responsibilities when serving as a product adviser. (Should be applied as elective for all other licenses)
CE 91120. Insurance Fraud
Approved for 9901, Credits 7
This course will help Agents to identify the points at which fraud may be committed in insurance transactions and the parties involved as well as examine the challenges of processing claims promptly in order to comply with government regulations while, at the same time, avoiding claims of bad faith during an investigation of possible fraud. Agents will take a look at the most common types of property and casualty, life, and health insurance fraud and the role that organized crime plays in all of these areas. The various technologies, both high tech and low tech, that are used to combat insurance fraud are presented, and the red flags of insurance fraud are identified. In general after completion, Agents should understand the effects and implications of insurance fraud; be able to distinguish between hard and soft insurance fraud; be able to compare internal fraud and external fraud and cite examples of both. Also will be able to describe the many types of property and casualty fraud; understand the scope of life insurance fraud and the schemes used to carry it out; be able to identify health insurance fraud and recognize its participants; be aware that insurance fraud is detected by both sophisticated and low-tech methods and know insurance fraud in various types of coverage. (Should be applied as elective for all insurance licenses)