CFP® Continuing Education

In this course we do not intend to create a complex, philosophical, intellectual debate on current ethical considerations. Rather, we will present a practical discussion of business ethics with specific examples taken from the insurance industry.

The course addresses the complexities of ethical decision making in today’s insurance environment. It suggests ways for insurance producers to establish ethics in the work place and thereby take a step toward reducing the possibility of questionable practices and wrongdoing.

LEARNING OBJECTIVES:

• Learn the basic concepts of ethics.
• Learn about professionalism and ethical standards.
• Learn to differentiate between ethics and values.
• Define what is meant by conflict of interest.
• Define the steps involved in ethical decision making
• Learn the intricacies of the insurance product
• Understand the responsibilities if an insurance professional
• Learn about the disclosures involved in policy illustrations
• Understand the standards of consumer protection in the insurance industry
• Understand the various regulations of insurance trade practices

TOPICS COVERED:

• Introduction
• LESSON 1: Introduction
• LESSON 2 : Role of Ethics
• LESSON 3: Ethics Vs. Values
• LESSON 4: Resolving Ethical Dilemmas
• LESSON 5: Ethical Decision Making
• LESSON 6: Nature of the Insurance Product
• LESSON 7: The Insurance Professional
• LESSON 8: Insurance Regulation
• LESSON 9: Policy Illustrations
• LESSON 10: Consumer Protection in the Insurance Industry
• LESSON 11: Regulation of Insurance Trade Practices

REGULATORY REQUIREMENT:

Please see the state/regulatory requirement from the course catalog page.

SEAT TIME:

This course has been approved for 2 hours.

TESTING:

Final Exam – You will be required to pass the final exam with a 70% in order to receive course credit.

COURSE COMPLETION:

Upon successful completion of this course you will be able to print your certificate online.

ABOUT THE SUBJECT MATTER EXPERT:

EMMERT C. DAUGARD, M.A. CLU ChFC HIA MHP PAHM RHU REBC LIC

An accomplished speaker/trainer who has developed and taught many public insurance continuing education courses. Since 1988, designed and taught courses to over 25,000 insurance professionals. Held the insurance positions of agent/broker, manager, and corporate senior vice-president. Licensed for over 20 years in both property/casualty and life/health.

EXPERIENCE:

Director, Center for Continuing Education, Austin, Texas
Manager/Senior Vice-President, Sales/Marketing, Sheshunoff & Company, Austin, Texas
Vice President, Sales, Hawkeye Insurance Services, Des Moines, Iowa
District Manager, Farmers Insurance Group, California & Iowa

EDUCATION AND LICENSES:

Masters Of Arts, Business And Administration, Columbia Pacific University
Bachelor of Science, Mankato State University
Chartered Life Underwriter & Chartered Financial Counselor Designations
Registered Health Underwriter & Registered Employee Benefits Counselor