This webinar is a comprehensive course designed to provide attendees with a deep understanding of the complexities and nuances of life insurance. Life insurance plays a crucial role in financial planning and protection, and this course aims to equip attendees with the knowledge necessary to make informed decisions regarding life insurance coverage.

The course begins by exploring the fundamental concepts and principles of life insurance, including the purpose of life insurance, the types of policies available, and the key stakeholders involved in the industry. The presenter will delve into the historical evolution of life insurance and its impact on society and individuals' financial well-being.

This course will critically examine the advantages and disadvantages of life insurance, unraveling both the positive aspects and potential pitfalls. Our presenters will analyze real-life case studies to understand how life insurance can provide financial security, protect loved ones, and facilitate wealth transfer. Attendees will gain insight into the limitations, drawbacks, and common challenges associated with life insurance such as policy exclusions, complex terminology, and potential for fraud.

Topics covered will include risk assessment, premium calculations, underwriting processes, policy features, and riders. Attendees will learn how to assess their insurance needs, select appropriate coverage, and understand the cost implications of different policies. Additionally, the course will address the various types of life insurance, such as term, whole life, universal life, and variable life, comparing their features, benefits, and drawbacks.

Learning Objectives:

• Outline the fundamental concepts and principles of life insurance, including its purpose, key stakeholders, and historical evolution to develop a solid foundation of knowledge in the field


• Evaluate the advantages and disadvantages of life insurance by critically analyzing real-life case studies and scenarios to identify the positive aspects as well as potential pitfalls associated with life insurance coverage


• Evaluate personal insurance needs and make informed decisions when selecting life insurance coverage, considering factors such as risk assessment, premium calculations, policy features, and riders


• Identify ethical considerations and controversies within the life insurance industry, recognizing deceptive practices and understanding consumer protection measures and regulatory frameworks


• List emerging trends and innovations in the life insurance sector, such as digital platforms, insurtech, and data analytics and assess their potential impact on policyholders and insurers

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

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