40 Hour Course
This 40 hour course satisfies the state of Alabama's education requirements for Life and Health Insurance.
Before getting into Health Insurance, you'll begin this course with the basics in our General Insurance class. This covers topics such as what insurance is, the nature of agency, and the relationship between insurance producers and insurance agents. You'll also learn about contracts, starting with contract law in general, and then diving into the specifics of insurance contracts. Then you'll learn about the process of applying for and delivering a policy.
Our Insurance Ethics class covers the important issue of ethics: what they are, why they matter, and the ethical duties of an insurance agent. We'll cover some ethical situations you may encounter as an insurance agent, and how the law and the Insurance Industry Code of Ethics direct us to behave.
The Introduction to Health Insurance class will start by defining and explaining important terms, such as perils, losses, benefits, and premiums. We'll cover the classes of health insurance, exclusions from coverage, and your responsibility to clients as an insurance producer. The class also covers HIPAA and other related legislation.
We'll explore general and uniform provisions you'll need to know, before moving on to Disability topics. These include different types of disability coverage and their qualifications. Group policies, Social Security disability, and Worker's Compensation are also covered.
Then we'll tackle Medical Plans, which includes types of providers and cost containment. Our Group Health class covers the types of groups which are eligible, and situations such as loss of coverage and COBRA coverage. We'll also talk about the regulations that apply to advertising group health insurance. In our class on Dental insurance, you'll learn about categories of dental treatment and the different ways that deductibles can be applied.
Medicare parts A-D are covered in detail in our Medicare class, including requirements, exclusions and MediGap. Then you'll learn about Long Term Care, including who is eligible and what types of care exist. We'll also cover policy replacement procedures and what qualified plans are. Next we'll tackle Federal Tax considerations that your clients may be concerned about, as well as Regulations that apply to Health Insurance (both federal and state).
The second part of the course focuses on life insurance. We'll discuss the different types of life insurance policies you'll need to know in order to advise your clients on which ones meet their needs. This includes whole life, term life, group life, credit life, and flexible and specialized policies. In our Standard Policy Provisions class, we'll tell you what policies and provisions are generally included in life insurance contracts. You'll learn about options, riders, and beneficiaries.
The Annuities class in this course will examine the principles and concepts that apply to annuities. Then it will cover the benefit, payment options and products they offer, and the ways in which annuities can be used.
After learning some more fundamental concepts, you'll go through the Producer Responsibilities in Marketing, which covers how to help clients compare and evaluate policies so you can make the sale. You'll also take a short class on Tax Considerations, which will allow you to answer client questions about how their insurance affects their taxes. We'll also explore Qualified Plans, how they function, and how they affect a clients' taxes.
Our last classes in this course will cover how variable life insurance and and variable annuities are regulated as securities, and both state and federal insurance regulations that you need to know.
This course includes two quizzes and a final exam for Life Insurance topics, and two quizzes and a final exam for Health insurance topics, to help you study and review what you've learned in preparation for your state exam!
Take the first step to become a Life & Health Producer, At Your Pace Online!