Friday 26 August 2011

What are insurance benefits And what are their importance?


When one speaks of the term insurance benefits, he or she actually tends to elaborate in one word the payment awarded/given-out to the policy holder in terms of an agreement signed between the beneficiary and the benefactor. There are many types of benefits however, insurance benefits relate to people and people are usually of the wider concern.

Insurance relating to people includes health insurance, disability insurance, accidental death or dismemberment insurance, variable universal life insurance and many others. All of the mentioned types of insurances will be applied to people only if one has an insurance company that acts as his or her representative in the case where a benefactor and a beneficiary will be involved.

In accordance with the importance that connects insurance benefits to the general meaning of life, the whole idea of one buying these services has been emphasized in most countries. As a matter of fact, some countries tend to add that in order for one to be recognized fully as a citizen of that country, he or she would be required to sign up with any accredited insurance company and receive these services on the attainment of a particular age.

The reason why a lot of emphasis usually come as a major importance is because once an individual manages to secure one or two insurances, for example if an individual is insured against illness or in other words if a beneficiary has secured some health insurance benefits from a certain insurance company, then it means that in case of any illness, expenses supposedly incurred by the insured are usually taken care of by the insurance company.

In some countries, the services on insurance benefits are usually rested to the government while in some other countries, private owned companies with the right legal documentation can as well offer the given services. Where the government is known to take charge, the amount of money required from the individual on monthly basis is relevantly little compared to what private owned companies could be asking for.

Tuesday 23 August 2011

Property And casualty insurance


In reality, California insurance professionals and agents have a lot to do with the projection of a certain image toward the public. Mainly because the insurance professional initiates contact with a prospect, determines the prospect's need for insurance, recommends and then implements the proposed plan. The first impression is always the most lasting. Coupled with the opportunity for a long-lasting relationship with the client, the first impression becomes that much more critical.

Public perception will be severely hampered by unethical agents. The insurance professional has two basic ethical responsibilities to the public:

* To inform the public about insurance with the utmost, highest level of professional integrity; and

* To strive for the highest level of professionalism in all public contacts in order to create and maintain a strong positive image of the industry.

We will focus on the above responsibilities and look at some of ethical practices, which have tarnished the industry. We will also discuss property and casualty insurance, and the manner in which it is marketed to the public.

California Property and Casualty Insurance Coverage

California Property and casualty insurance is usually classified by several major lines: fire and allied lines, marine, casualty, multiple line insurance and fidelity and surety bonds. California Property insurance, such as fire or homeowners policies, covers the loss or damage to real estate or personal property from fire, lighting or other covered perils. California Marine insurance (also called transportation insurance) covers goods in transit against pure risks related to transportation, whether those goods are shipped over land (inland marine) or water (ocean marine).

A broad field of insurance called casualty insurance encompasses almost everything not covered by fire or marine insurance: automobile insurance, general liability, burglary and theft, worker's compensation, glass coverage and other miscellaneous lines.

Continuing insurance education - history-development of the auto industry


Americans have always loved their automo­bile. Whether an individual used the shining mode of transportation as a status symbol to impress neighbors or value its safety and reliability, the auto industry has been one important economic foundation of our society. Throughout this book we will not only focus on the elements of the Personal Auto Policy but also the history, devel­opment and impact the automobile had on our society. We will also discuss the legal nature of automobile insur­ance, along with the rating of automo­bile drivers.

When John Frank and Charles Durye pro­duced their gas-powered auto in Spring­field, Massachusetts in 1896 they could not have envisioned the industry they gave "birth" to. Before 1886, the horse was the transportation mode of most. Like all good ideas, the new­ness of the new form of transporta­tion would take awhile for total accep­tance. After all, the horse was used for years and had a loyal following.

Finally, in 1913, Henry Ford adapted the moving assembly line from other industries (basically, the meat packing industry). Mr. Ford insisted that engine blocks and other complex parts be cut to precise dimensions in order that the parts are changeableness,

thus making it much easier to install such parts. This was a tremendous breakthrough because it elimi­nated the need for many skilled craftsmen. This was also critically important as Mr. Ford mass-produced 321,000 "tin Lizzies" at his Highland Park, Michigan Plant.

This group was more likely to try a new in­vention that would make life simpler. The initial purchasers of these "horse­less car­riages" were a purveyor of public transporta­tion. The U.S. Postal Service began using cars in 1899 in large cities to speed up mail delivery and three years later the first bus was introduced, which enlarged travel routes beyond trolley lines and railroads. Of course, the popularity of the railroads and streetcars suffered.

Soon, the auto became a symbol of status, sex appeal, health and wealth. Many people believed the two most important days in a person's life was the wedding day and the day one pur­chased their first car!

In the 1920's General Motors Corpora­tion, under the leadership of Alfred R. Sloan, fur­ther revolutionized the indus­try by offering choice to the consumers. GM's Car Division assembled a differ­ent model in different price ranges. This was truly a "style for every purse and purpose". GM also allowed car buyers to use an easy installment plan called "Drive Now, Pay Later" to make purchasing that much more simple.

The 1960's and 70's saw new foreign competi­tion, particularly from the German and the Japanese. These foreign cars were much smaller than the large, lumbering vehicles built by the U.S. automakers. The first shock wave came from West Germany's Volkswagen Beetle, which encouraged the U.S. consumer to think "small". Another big wave arrived from Asia with Toyota Motor Corps, Honda Motor Co. and Nissan Motor Co., all taking market shares from the American big three.

The weight of the vehicle will become lighter; today's average vehicle weighs 3,200 pounds but the goal is to reduce its weight to 2,000 pounds. Also, the car of the future will em­ploy a form of energy storage to recapture expended energy and recycle it. "The car of the future is not going to have an internal combustion as we know it today", says Bob Chapman, Chairman of the PNGU Technical Task Force at the U.S. Department of Commerce.

Sunday 14 August 2011

continuing Insurance education - origins Of personal auto insurance


The premi­um was $7.50 for $1,000 worth of Liability Insurance. Accidents involving autos and horses were not uncommon because driving was treacherous, the roads initially were unpaved without street signs and stop lights. Had Mr. Loomis been injured in an accident, no ambulance could have brought medi­cal attention to him, as that service did not come about until three years later.

This beginning was followed by an era of total confusion as the industry saw each company design its own unique policy. Every company has their own policy, rating manual and their own way of providing auto coverage. This created a major problem for those who pur­chased such coverage. They seldom really knew exactly what coverage they had paid for. The policy was quite difficult to read and, since every company had their own policy specifications, compar­ing became quite difficult.

The insurance companies also had diffi­culty with the new coverage. Since these were new policies, the law of large numbers (loss statis­tics become more predictable as the number of similar exposures to loss increase) was not prevalent. Unless an insurance company can predict losses accurately, it cannot set rates that are both compet­itive and adequate to make a profit after paying for claims and operating expens­es.

Diversity of auto policies created a problem for auto insurers. Each policy was open to a different legal interpreta­tion. An insurance company could not be positive that the courts would inter­pret its policy in the same way that they had (interpreted another insurance comp­any's policy). Of course, this led to uncer­tainty in rate making.

By the end of the 1920's, the insurance compa­nies realized that the use of one standard automobile policy, by all those insurers mar­keting auto insurance, would be in the best interests of both themselves and the consumer. This idea developed into the drafting of the Basic Standard Automobile Policy, com­pleted in 1935. At the same time, a standard Garage Liability Policy was developed and included, under one form, all of the major liability insurance cov­erage. It included auto, auto repair garages, parking lots, dealerships and service stations. The Standard Auto Policy stood for 20 years.

The following years saw the introduc­tion of two other Standard Auto Policies. The Com­prehensive Automobile Policy (1940) and the Family Automobile Poli­cy (1956). The Com­prehensive Policy was designed for business entities such as corporations or partnerships, while the family policy was designed strictly for use by individual or families in the per­sonal market.

Both policies expanded coverage initial­ly seen in the Basic Standard Policy. The two new policies emphasized the division of Auto Insurance into a business side and personal side. This division was further enhanced in 1959 when a rating organization introduced the Pack­age Automobile Policy. Another rating organization introduced the identical "Special" Automobile Policy. Like the Family and Personal Policy, these two new standard policies were only for cars owned by individu­als or families.

In 1963, the Special and Package Poli­cies were combined into the Special Package Automobile Policy. In the late 1970's, the states began to mandate clearer language in policies and request­ed insurance companies to become more contemporary. The Personal Auto Policy was introduced, replacing the Family and Special Package Policies.

The Personal Automobile Policy was devel­oped by Insurance Services Office (ISO), the largest insurance rating and advisory organiza­tion in the U.S. If any of the insurance compa­nies choose to deviate from the ISO policy language or rates, it is free to do so. It is quite common for ISO sub­scribers to deviate from ISO rates but tend to leave the ISO policy wording intact. Many insurance companies not affiliated with ISO (independent fil­ers) use policies similar to the ISO stan­dards.

Saturday 13 August 2011

middle england Under pressure To Pay New university fees up Front - can Insurance help?


This is the case particularly for professionals and others who in the past would be described as 'comfortably off'. This group represent a large section of British society that finds itself described as occupants of a mythical place called Middle England. However, as the Government looks for ways to balance the books, inevitably they will take more money from those who have it, rather than those who don't. So Middle England look out! As the back bone of the tax paying, law abiding majority; you are the easiest source of revenue.

The combination of the removal of Child Benefit for households with one earner on 40% tax will be compounded by moves to lower the threshold for those who benefit from Tax Credits. However the real crunch will come in 2012 for families with children who are entering university for the first time.

Middle England realises how important a good education is to ensure it's offspring achieve the best start in the world of work. This is now juxtaposed by the knowledge of just how damaging a large debt can be for their children's future quality of life. For parents who have worked diligently to build up their savings to support sons and daughters through university.

Up until recently student debt was viewed as a necessary evil. However the modest loans and low interest rates made this acceptable. Now the proposed fees are close to three times higher, this has created a future tax nightmare for graduates. Causing more alarm, even among those who see £9000 per annum fees as inevitable, are the close to commercial rates of interest to be charged on those student loans. Parents are particularly aggrieved that their sons and daughters will be faced with a heavy debt burden, at the very time in their lives when they might be trying to set up homes of their own.

Although the final details have yet to be published, there is more than a suggestion that the Government are also looking at ways to penalise early repayment of these loans. Therefore, with its unavoidable interest charge, for the graduate, this will become a massive financial penalty for achieving future success. The political ramifications of this have yet to be fully understood, however the clock is counting down toward implementation. Many parents are already looking for ways to meet these tuition fees themselves to avoid a bleak financial future for their children.

They either need to be lucky enough to come from families that have the means to pay, or poor enough to qualify for a combination of benefits and bursaries to escape the majority of fees. Those students from England stuck in the middle may decide it simply is not worth going on to university. With minimum student living expenses of about £6000 per annum, when added to £9000 tuition fees each year, will mean a student will accumulate £45,000 of debt in just 3 years. When taking future interest payments into account, this could mean paying off nearer £50,000 over time.

Imagine a young couple who met at university and subsequently worked to achieve reasonably paid employment after a few years. They could easily have debt liabilities of close to £100,000 between them. That is ghastly and will add nothing to the willingness of mortgage providers to lend them enough to buy a home of their own. Many parents will have sacrificed a lot to enable their children to go to university.

Indeed many hard working parents will openly question whether they should do anything to encourage their children to think about university, given the potential size of the financial millstone this will create for them. Will a full time university education prove to be only a luxury enjoyed by the rich and a means tested benefit for the poor? The children of the 'squeezed middle' being left to battle their way up the corporate ladder with the Open University offering one of the few debt free routes to a degree.

For the majority of children from Middle England who have recently commenced studying A levels, there are new risks that they will now need to assess regarding their future education. Unless they are very bright, with straight A's to secure a place at a flagship institution, is there much point even thinking about university? However much fun student life might be, will the value they gain from an Arts degree at 'Anywhere University' be worth incurring so much debt?

The reaction of parents still digesting the ramifications of the new fee charging regime are as yet unknown. Many could be deciding to postpone retirement to work for several years yet to pay for their children to get through university relatively debt free. The need for more income will see many more dusting off their CV's as well as demands for students to find better work to pay their way.

For parents, keeping their jobs and a second income coming in to get two children through University may become much more important. Inevitably contingency plans will need to be considered and Unemployment Insurance or Income Protection Insurance paying £1000 per month, if one of the parents is unable to work due to accident sickness or unemployment, could offer an answer. This insurance would guarantee the monthly income that many Middle England parents will soon see as essential for them to afford to pay for their child's university education.

Dennis Haggerty, Marketing Manager of protection insurance specialist i:protect commented, "We see university fees creating a large and unexpected hole in the budgets of many families who simply cannot contemplate their children leaving university in so much debt. This in turn will create a demand for our product from a section of the market that hitherto could cope by taking money from their own savings if they were out of work. Now finding £15,000 per annum for each son or daughter at University, in addition to their usual household expenses, will drive the search for alternative sources of funding. For example, one of our policies with premiums of just £10 per week would pay £15,000 in benefits if the policyholder was unable to work for a year"

The lifetime habit of Middle England to support it's children through university will be placed under severe strain. However, for the benefit of their children's future, provided they are in work, most will 'bite the bullet' and pay as much as they can. More parents than ever may need to agree to pay the full cost of tuition fees for their offspring, just to convince them to take advantage of a university education. Otherwise many potential university students may refuse to go in fear of the Those same parents will soon be attending university open days for their sons and daughters to weigh up their options for future education. It would be nice to have the confidence that a minimum guaranteed income would be received, even if one of the parents were out of work for some time. Unemployment Protection or Income Protection Insurance does offer a viable 'plan b' in an uncertain job market.

Life insurance Continuing education Courses can BE done online


This is when a timely requirement for training occurs. Assuming that the life insurance continuing education which is a yearly process is done in the conventional classroom style, most part timers who have chosen the insurance line could be at a loss. This is a set up where everybody's time must coincide with everybody else's and a fixed schedule is followed where training takes place for a temporary period when the need arises.

The internet and online convenience has become a blessing for all those part time and full time professionals in the insurance sector who want to pursue continuing education attempting various tests to enhance their credentials. The online process for every kind of life insurance continuing education is very simple. The benefits of the same can be briefly explained.

1. By registering online, time is a big factor that you can save or for that matter you needn't be constrained or stressed by the fact that you have to be at a place at a scheduled time.
2. In order to progress professionally, when you take the online continuing education, logging in becomes hassle free as there is no password system that could complicate things. Instead there are a lot of free books online for your course study depending on the topic you want certification in.
3. There is a big benefit with the online insurance continuing education as you don't have to pay until you attempt the exam and get through it successfully. Wouldn't that be an added advantage especially if you wish attempting a particular exam more than once if you haven't got through?
4. The courses online are on various topics like health, safety etc. and of course the latest versions are the ones you could access at any point of time.
5. The pressure of competition doesn't exist and at the same time you could find yourself progressing at your own pace.
6. Knowledge acquired here can also be researched online and learning is more authentic as a person taking up an enhancement course in a particular topic has his objectives pretty clear.

For instance let's say you are from Illinois, you could without hesitation get enrolled with one of the online sites that provides insurance continuing education Illinois based that will have very different rules from that of another state. Therefore depending on the state you are selling insurance policies, it is needless to say that you take up the training concerning the upgraded rules of that particular state.

INSURANCE --continuing Education classes


Unless an insurance advisor is seriously in touch with the subject and the changing regulations, he cannot suggest the right kind of a policy to his customers. And customers' expectations also change with time!

That is the exact reason why the government has put in a law that all insurance advisors should attend a mandatory training session for a stipulated number of hours each year. Since the laws change from state to state, we can't be specific about it - but it generally is around 20-25 hours a year. In that, there is one session which is compulsory - Insurance Ethics; and when you think about it, that is a seriously good condition to have been put into the regulation code. Insurance is such a sector in which there is so much of competition that it is quite tempting for people to skip the little ethics which are mostly in unwritten form. So each year, when there is a brush up on the ethics front, there is a conscience which pricks us from inside when we cross the line.

Insurance continuing education classes have become easy with the online version that has come into existence in the recent years. No longer do people need to head down to an insurance training centre and look for a slot in which they prioritize and attend classes to complete the fixed number of hours as per the code. They can just log on to some website which is certified by the board, and update their insurance education online itself. If you are a busy person (as most insurance people are) you would normally not like to spend time at an institute, that too during working hours.Then comes the biggest advantage - unlike at your local training institutes, there is no compulsion that the same sets of training modules need to be taken each year. There are so many new modules which are added year on year, and the amount of knowledge which can be gained in insurance continuing education online is immense! There is absolutely no limit to what can be learned at these sessions.

Insurance continuing education classes have come a long way. Some states used to not even require such training and some still do not. It is very important to stay ahead of the competition whether that means knowing the news insurance laws and regulations, learning new sales practices, or even learning about new product offerings to your current and future clients.

life insurance And continuing education - A boon for Part time Professional

That is precisely why life insurance continuing education is such a boon for part time professionals. If you are a part of the insurance industry, you will know about the mandatory training hours that each professional has to log every 2 years. Thousands of people lose their licenses just because they have not been able to prioritize these training hours, and that is truly sad! But with the internet giving tremendous flexibility to the learning process, it is no longer an excuse to say that you do not have a study center near where you live; or that your boss did not allow you to apply leave during the training period.

In some ways, life insurance continuing education online is a better choice than the offline version - not only because it is more economical, but because the topics are more widespread and more updated than at a local center which probably is using the same text books from a decade or more! Busy people (which mean everyone out there!) can choose to read the material at their leisure and can take the tests at their convenience. Most of the good life insurance continuing education portals allow users to go through the material for free, and then pay only when they attempt the test.

The last thing you want is a fine from the state or even having them revoke your insurance license. Remember how hard you worked for that license! It is worth the couple hours online at home to complete your life insurance continuing education hours. Check with your state because most CE hours are due every two years, but some are due every year. You don't want to just satisfy state requirements, but you also want to make sure to advise your clients on new product offerings each year.

Unlike at most of the local insurance training centers, it is not just the ethics papers which can be chosen. Though ethics recertification is mandatory across the country every couple of years, there are a wide range of topics the advisor can choose from when going in for life insurance ongoing education online.

Insurance continuing education courses


In order to keep your California insurance license intact, you would need to take up and sort certain continuing education units. These are tests prescribed by the insurance wing of the government for insurance advisors without which their insurance selling license could turn obsolete.
Today most of these courses can be done online and it doesn't end there. One could write an online exam and even acquire certification from the site itself to keep his insurance selling license active. But before trying to get your license, it is inevitable that you are equipped with the right information on the requirements to pursue insurance continuing education.

1. You could find out from your state department of insurance as to what are the courses that you need to take that could keep your license alive and add to the specified number of CE hours that you ought to accumulate every year.

2. Some courses cannot be attempted more than once in a period of two to three years. An enquiry on the same would give you the status of how positive your impression has been in the eyes of the state department of insurance.

3. Ensure that you have looked up all the sites that can give you information on the various courses offered in that particular state so you can attempt it in an organized fashion and get yourself the required certification as and when needed.

4. There is a continuing education form that needs to be duly filled on the completion or passing of the exam.

5. At times you could come across a lot of course or program providers online who may not be approved by the relevant state department of insurance. This is a vital requirement as the provider with whom you are taking an online course must be approved or registered with the government body.

There are a lot of norms that need to be kept in mind by an insurance advisor as he wishes to progress professionally in the insurance sector. In case he avoids any enhancing exam, the government authorities would eventually deprive him of his license and he could land himself in a soup. Therefore the insurance continuing education requirements have to meet in order to have an amplifying and satisfying career in insurance.

Monday 8 August 2011

Insurance continuing education - oF all types


In life insurance itself, there are so many specialties that a new person would get lost in the labyrinth of them all. And the rules and regulations for them all are so complex and different from one another. If you are an insurance professional, you will agree with us, and you would have experienced that first hand. Also, the laws of insurance are different from state to state, and if you are changing states for a career, you have a lot of unlearning to do before you start learning!

With insurance - in every state - there is a great thing; and that is mandatory continuing education. Unlike many other fields where learning really stops once the profession begins, insurance requires a mandatory number of hours of training every couple of years, and that is what makes insurance agents so well informed to help us take financial decisions. The laws are not constant, and when they change.

Illinois is no different, and that is why there is such a comprehensive Illinois insurance continuing education program.

Illinois insurance continuing education is of two parts

o Required Courses, and
o Optional Courses

Like the names suggest, the required courses and compulsory by law and those need to be taken for sure. The optional courses are according to the interest of the insurance advisor, and they are again of two kinds

Like we mentioned at the beginning of this article, there are various kinds of insurances around, and the advisor can choose the courses depending on the kind of insurance he wishes to specialize in. While there may be a few advisors who deal with all kinds of insurance, the majority of them (and especially the ones who are really successful) deals with only specific genres - like health, property and so on. So the option of choosing topics which will be helpful in the long run is truly good.

In insurance continuing education Illinois is quite ahead, and a good percentage of people prefer to take their test online in the state. Not only is that quite convenient and fast, but is hugely economical for the advisor. n!

You will learn about new product offerings, state rules and regulations, and also different sales techniques. So not only is it a state requirement, it will help you succeed in your business and increase your sales. I would recommend doing your insurance continuing education online in Illinois not only for the convenience factor, but you can also have the material to view whenever you want. In a classroom you have to take notes and do a lot of highlighting to figure out the most important information.

Insurance continuing Education rules And regulations

There are some states in which insurance laws are quite easy to understand and there are some states in which it'll take a bit of time. Actually that depends on the kind of insurance products the state needs, and California has some products you will not see anywhere else in the country! For instance, there is Life & Fire casualty, which is a whole different genre of insurance, and we won't find it in many American states. What are common to most of the other states are Life & health, and Property & casualty courses.

Continuing education is quite a big industry. In the recent years, the preferred mode of insurance continuing education California has been online. A large percentage of agents in the state choose to do their courses and take their exams online, as it is extremely convenient and also very economical when compared to the fees at a local insurance school.

While some states have just one required courses, most have 2-3 topics that are required. However, California has five topics which need to be taken during each re-certification period, and that again is different from other states. Here, a new licensee in insurance would need to complete 25 hours of insurance continuing education every year for the first four years, and then 30 hours every two years. Then there are the specialties. For example, agents who sell long term care insurance policies are required to attend 8 hours of a special long term care module once every two years.


There are some complex laws here, right? But in the long run, this continuing education will pay rich dividends to each agent, as their knowledge on the field is much higher compared to many other states' agents. Since training is so crucial here, online California insurance continuing education is growing in popularity each year. The money saved per year here will amount to much in the long run. To give you an illustration, online courses just cost about $ 1 per hour, payable after passing the exam.

It is fast, easy, and affordable these days. It is also more convenient than going to a classroom and spending your weekends learning about CE. Do it on your own time and your own pace from the comfort of your home. California insurance continuing education is very important.

Insurance continuing Education - options And requirements

There are more than 350 courses available in the continuing insurance education program including specific programs for different states. You have the option of long term and short-term continuing insurance education programs too. Therefore, choose the programs depending on the time that you can dedicate and the State in which you are applying for the examination, you can choose courses of your specialization.

To survive the stiff competition, you need to be not just highly talented and skilled but well qualified too. The continuing insurance education program gives this qualification. You can specialize on the subjects depending on your area of interest. Many reputed schools offer the continuing education course however opting for the online program is the best possible option. You don't have to dedicate any extra time going to a college or take a break from your existing personal or professional commitments. Therefore, this affordable, flexible, convenient method of education forms an important part in availing some of the best job opportunities. Take a break from the conventional classroom studies and opt for the online continuing insurance education program.

You can avail the pre-licensing training program online sitting comfortably at your home. The module is mailed to you once you select the course that you want to undergo. All kinds of debit and credit cards are accepted and you receive an acknowledgment mail along with a password once your payment transaction is done successfully. Availing the certification makes you a licensed insurance agent. These online continuing insurance education programs are highly preferred by many insurance companies while hiring.

Education programs in Life and Fire Casualty or Property and casualty are important courses as they are related to the daily lives of people. You can find people looking for these kinds of insurance policies and as the demand is high in this genre, you have the chances of capturing this potential area and earn a decent amount of money.

Pursue this program online and get certified immediately. You do not have wait long for results. You will receive the certification if you are qualified (i.e. if you achieve more than 70%) through e-mail and this certification comes with a license number which acts as an identification too. Go online to find out more details about the education program and be enrolled for a bright career in the insurance industry. There is no dearth of employment opportunities in the highly competitive insurance sector.

life Iinsurance Continuing Education classes for all insurance agentS

The Life Insurance continuing education classes offered online are streamlined and well devised to ensure that all insurance agents meet all the insurance CE requirements as set by the state to obtain or maintain their current licensing status. Life Insurance is the most profitable insurance product to many insurance companies and of course it is one of the most difficult products to sell owing to it long term care feature as well slightly high premiums that go into its policy. Definitely the insurance agents dealing with this product get better brokerage or commission in selling this product owing to its intricate complexities and high cost of premiums.

It is but imperative that insurance professionals dealing with this product have competent knowledge and skill in delivering persuasive and appealing sales pitch to sell Life insurance policies to people in the state. Life insurance continuing education classes are being conducted by majority of states either online or through classroom sessions to impart thorough knowledge on the rules, features, business plans, marketability and laws governing life insurance policies. This would definitely up skill the insurance professionals to answer any related queries by the general public without having to fumble for information.

It is mandatory that all licensed insurance agents, underwriters and brokers must complete a few courses in Insurance CE on an ongoing basis as the procedures, rules, principles, terms and conditions governing insurance policies tend to change periodically from location to location over a period of time. One has to be well aware of the necessary changes made and sell the insurance products as per the guidelines provided in the insurance continuing education classes. Nowadays insurance CE classes are provided online and as well as in classroom sessions. Alternatively you can also purchase insurance continuing education credits online if you prefer to work that way.

On an average every state offers around 25 life insurance continuing education courses in order to fulfill the Department of State requirements to handle insurance products. The training and courses are offered for all insurance trainees, professionals, and property and casualty dealers as well as beginners who wish to start their careers in Insurance sector. There are over dozens of insurance continuing education classes that deal with property and casualty, annuity, risk management, auto insurance, health and life insurances. The catalog mentioning the various insurance products also consist of flood and fire insurance policies which are extremely comprehensive and customized to meet the needs of customers in times of emergency.

As insurance industry is dynamic and customer's expectations from the insurance products also keep changing from time, the rules and regulations governing the insurance continuing education courses are amended from time to time and the insurance advisor has to keep himself abreast with the changes to be able to convince the customers better and suggest a policy that suits their needs.

Online Insurance Continuing Education helps you stay Ahead Of The competition


You can now complete your chosen insurance CE courses as well as those that are mandatory for certification from the catalog of courses listed online which are all approved by the department of state insurance that you are working in. Moreover, online insurance continuing education helps you have the competitive cutting edge in the insurance market where you have to prove your skill and mettle to generate maximum sales from insurance policies.

Continuing education insurance courses are available for life, health, property, fire, adjuster and many more. You only need to have the zeal to learn and excel in your area of expertise and there are infinite resources online to train you accordingly. You can now take the online insurance continuing education for stipulated number of hours as per your convenience and write the online test to earn your credits and certifications.

There are many online insurance continuing education courses that provide for self study and you can even print them from your browser if you chose to study that way. Whether you wish to renew your single insurance license or acquire new licenses for dealing with multiple insurance products you have to earn your credits by clearing the courses in insurance continuing education. Alternatively, WebCE can also ship the insurance course materials to you via the UPS if needed. Some of the states that are doing extremely well in providing online insurance continuing education classes to help insurance agents, advisors and professionals to emerge as successful dealers in insurance are - California, Illinois, Florida, New York, Pennsylvania, Connecticut, and Texas.

However whether you are dealing with insurance products from the states listed above or from any other state it is immaterial as, the online insurance education services get your courses approved by the department of state insurance concerned. By learning new insurance products, concepts, marketing strategies, competitors, laws, rules and regulations that govern insurance policies you will be in a better position to sell your products effectively and confidently to clients without leaving any scope for your competitors to penetrate into your market share.

If by any chance you do not possess the necessary knowledge to answer the questions posed by your clients, then you may instantly lose your customer as they would be some other insurance agent ready to fill in your shoes in an instant and strike a great deal. Such is the competition in the current insurance sector.

online insurance Continuing education classes

We are not just talking about the convenience of shopping online or the money saved each time we transact online banking. The biggest thing the internet has given us is flexibility, and one classic example is online insurance continuing education classes.

Insurance is a field that involves a lot of knowledge, and till a few years ago, it was required that agents head down to their local insurance training centre and spend a few hours each year as was mandated by the law of their state and get re-certified so their license could be extended. But it was quite inconvenient for a lot of people, and there are thousands of agents who lost out on their licenses because they could not make time out of their schedule and attend the classes.

After the internet took over the field of online insurance continuing education, however, the dropout percentage has come down drastically, thanks to the flexibility offered. Now, advisors can log on at any time from any place, and finish the subjects they are required to train on. Not only can they do the course online, but they can also take the test online, and get certified instantly! We know of the best online insurance continuing education classes portal which does not charge any money for agents to read the material and attempt the test. Only when the agents finish the test and pass do they need to pay the fees; and that too is only a small fraction of what one would need to shell out at an insurance academy. Example, to take the mandatory 'Advanced Annuities' module under California insurance law, it would cost an agent just $ 4 to read through the material (which is provided by the portal), take the test, and get certified! Compare that with what an insurance school would charge, and you know the amount of savings each module passes on to the agent.

You do not want to incur any state fines or penalties against your license. The last thing you want is the state to revoke your license and possibly your career and way of living! You also want to stay continuing your education for your clients.

Another reason why insurance CE (continuing education) online is so popular is because of the wide range of modules that can be chosen. Since training in insurance is an ongoing thing, a wide range of modules would let an agent choose new stuff each time they come into training.

Online insurance CE classes

You can shop, communicate, find any type of information, keep yourself informed about the latest development and entertain yourself without having to move out of your house because of the internet. It can be said that the introduction and the subsequent development of the internet has made peoples life much more comfortable. Another area where the internet can help is education, especially insurance education.

It is a known fact that the laws dealing with insurance education are very stringent and hence it is important that you complete the required certification courses that are required to keep you license intact, on time. Even such states like Texas that are stringent with insurance education approve of these online courses.

Though most states authorize insurance continuing education courses that are completed online, it is better if you are sure about it. After all, the proper completion or the non-completion of the courses affects your insurance license and hence you need to make sure that you are properly informed. The best thing you can do to get all the required information is to either contact a qualified insurance education provider or better yet pay a visit to your state's Department of Insurance where you will be sure to get correct information.

Generally, most people opting for insurance training can find insurance classes and certification courses online. Though most states have restriction about completing pre-license certification online, most allow people to attend online insurance education to keep their license active. Hence, you need to know what courses you are expected to complete so that you can understand what courses you need to opt for online.

Opting for online insurance education is beneficial for all types of people, especially those who are employed full time and have very little spare time. The training courses are designed in such a manner that you can complete the education in your spare time without causing any hindrance to your normal day-to-day activities.

Monday 1 August 2011

the need For insurance Continuing education

Continuing education for insurance is very important for agents, brokers, underwriters and other insurance professionals. This is because it helps them upgrade their existing knowledge levels about the different insurance products in the market place. At the same time it helps them enhance the selling skills so that they are able to generate greater sales. There are many online training courses and certificate courses that you can choose to enroll to upgrade your skills and knowledge.

There is no nationwide accreditation for insurance agents as the rules and guidelines that govern the insurance industry are different from one state to another. Continuing education for insurance is important as it enables you to review your performance periodically and at the same time polish your skills and keep up with the latest trends in the industry. You will also learn about the latest policies and regulations introduced in the insurance industry.

This is because it helps them to save a lot of time and money which they can invest in meeting more new clients for generating new business. Online programs include courses on life and health insurance, property insurance, vehicle insurance, risk management, ethics and other related courses. All online classes are designed as per the credit requirements of the State Department of Insurance.

Organizations providing online continuing education courses offer course materials that you can study at your convenience. There are no hidden charges and the fees structure is very transparent. Once you complete the online course there will be an online test that you will have to clear. On successful completion of the test you will be given a course completion certification.

There are many multinational companies, brokerage houses, insurance agencies, insurance companies and insurance agents make use of continuing education to not only enhance their knowledge levels but also improve their selling skills to ensure high quality sales.

Life insurance is a very complex subject with a wide range of policies, conditions, terms and regulations and laws that govern it. These laws and regulations are subject to periodical changes and can vary from one state to another. This means that you need highly skilled and professional sales people who can promote and sell insurance products by using innovative sales and marketing techniques.

This is because as an insurance employee you should be in a position to handle insurance related queries effectively. It is only possible when you upgrade your skills and knowledge levels. Finally, if you are a insurance agent, broker or an underwriter, it is important that you enroll into a continuing education for insurance online as it can open up a new world of Opportunities For You.

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