If you are involved in selling, soliciting, or negotiating any of the insurance products, or you are an agent in the same industry, then you have to meet the minimum requirements before being licensed and additional specified requirements in order for your license to be renewed periodically. Among these requirements is the continued education (CE) for specified hours. The insurance agent CE will depend on your area of specialization. As such, there are compulsory topics to be covered as well as the additional topics to meet the minimal hours required.
The agents that meet certain requirements can be exempted from some or all CEs depending on the state there are renewing their licenses. The good example is those who hold the limited liability licenses as they qualify for exemptions. In the same way, the agents who have completed the credit required in their home states and are non-residents also get the exemptions just like those that have the inactive status as granted by the relevant State Director of Insurance.
Continuing education in annuity policy, for instance, target to train the agents in different areas of annuity insurance. These include the parties in annuity and how the fixed, variable, or indexed annuities affect the consumers. In addition to this, the training topics may cover income tax applicable for the qualified and the non-qualified annuities, the basic use of the annuities, the right sales practices, the annuity disclosures and replacements among others.
In the case of the long-term care training, most states specify the initial training as well as the continued training to be completed every two years in most cases. The training covers the areas such as the long-term care and federal regulations, the available services and service providers, inflation effects, the insurance suitability standards and guidelines, and the alternatives to purchasing a private long-term care product. In addition to these topics, there are many other areas that may be covered.
For the life settlement agents, the expected training should focus on the legal structure of life settlement topics, the disclosure and privacy requirement topics, and the life settlement parties and the existing legal relationships. In addition to these, the agents need to be trained on the ethics when it comes to selling, negotiating, soliciting, and advertising their products as well as the remedies and the contract requirements.
In the case of those in the line of life settlement policies, the agents should focus more on the legal structure of life settlement, the requirements for the privacy and disclosures, the parties involve in life settlement, and the legal relationships in existence. The ethical training are also required with the focus in soliciting, negotiating, selling, and even advertising for the products. The other topics include the requirements for the contract and the remedies available.
The national flood insurance agents on the other hands are mostly regulated by the Federal Emergency Management Agency, and the regulators at the level of the federal government. However, they still have to adhere to some state requirements and also have to complete some continuing education for license renewal.
Several organizations are now offering these training and most can be reached through the internet, however, you must confirm that the said organization is authorized by the relevant authorities to offer the training before signing for their courses.
The agents that meet certain requirements can be exempted from some or all CEs depending on the state there are renewing their licenses. The good example is those who hold the limited liability licenses as they qualify for exemptions. In the same way, the agents who have completed the credit required in their home states and are non-residents also get the exemptions just like those that have the inactive status as granted by the relevant State Director of Insurance.
Continuing education in annuity policy, for instance, target to train the agents in different areas of annuity insurance. These include the parties in annuity and how the fixed, variable, or indexed annuities affect the consumers. In addition to this, the training topics may cover income tax applicable for the qualified and the non-qualified annuities, the basic use of the annuities, the right sales practices, the annuity disclosures and replacements among others.
In the case of the long-term care training, most states specify the initial training as well as the continued training to be completed every two years in most cases. The training covers the areas such as the long-term care and federal regulations, the available services and service providers, inflation effects, the insurance suitability standards and guidelines, and the alternatives to purchasing a private long-term care product. In addition to these topics, there are many other areas that may be covered.
For the life settlement agents, the expected training should focus on the legal structure of life settlement topics, the disclosure and privacy requirement topics, and the life settlement parties and the existing legal relationships. In addition to these, the agents need to be trained on the ethics when it comes to selling, negotiating, soliciting, and advertising their products as well as the remedies and the contract requirements.
In the case of those in the line of life settlement policies, the agents should focus more on the legal structure of life settlement, the requirements for the privacy and disclosures, the parties involve in life settlement, and the legal relationships in existence. The ethical training are also required with the focus in soliciting, negotiating, selling, and even advertising for the products. The other topics include the requirements for the contract and the remedies available.
The national flood insurance agents on the other hands are mostly regulated by the Federal Emergency Management Agency, and the regulators at the level of the federal government. However, they still have to adhere to some state requirements and also have to complete some continuing education for license renewal.
Several organizations are now offering these training and most can be reached through the internet, however, you must confirm that the said organization is authorized by the relevant authorities to offer the training before signing for their courses.
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