CFP® Continuing Education

As a significant portion of the U.S. population ages, the topic of long term care is an increasingly hot topic being addressed by more and more individuals and families. This course takes an in-depth look at long term care (LTC) and long term insurance, ranging from a basic understanding of LTC to the complications that may arise in the absence of a policy.

The advantages of policies and their features are weighed, and the differences between the policies offered by various institutions are discussed. It must be kept in mind that policy coverage, rules and regulations and conditions vary from company to company and state to state.

LEARNING OBJECTIVES:

• Understand what long term care entails in terms of physical and financial resources.
• Identify the purpose and concept of LTC insurance.
• Understand policy conditions, exclusions, rules and regulations.
• Identify the different policy types, and what each policy offers by way of benefits, limitations and exclusions.
• Recognize the function of care-providing facilities and entities, what level of care each provides, and how they are included in LTC policies.
• Learn the role of the government in the LTC market through Social Security, Medicare and Medicaid.
• Recognize how shifting demographics and costs impact the LTC insurance industry.
• Understand how group policies differ from individual policies.

TOPICS COVERED:

• Introduction
• Lesson 1: Introduction to Long-term Care Insurance (LTCi)
• Lesson 2: Statistics and the Cost of Long-term Care
• Lesson 3: Policies, Options and Needs
• Lesson 4: Long-term Care Funding and Providers
• Lesson 5: How Medicare, Medicaid and HMOs Provide Long-term Care
• Lesson 6: Basic Policy Features
• Lesson 7: Understanding Long-term Care Insurance Benefits
• Lesson 8: Types of PoliciesLesson 9: Group Coverage
• Lesson 10: Long-term Care-related Issues

REGULATORY REQUIREMENT:

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

SEAT TIME:

This course has been approved for 10 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

SUMMARY:

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:

• Master 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 Designations
• Managed Healthcare Professional & Health Insurance Associate Designations
• Associate in Insurance Claims
• Professional, Academy of Healthcare Management
• Currently Enrolled in Certified Employee Benefits Specialist Program, Wharton Business School
• Holds insurance licenses for Life, Property/Casualty, MGA, All-lines Adjuster, and Life Insurance Counselor