C66 – Financial Service Essentials : Part 1
This course is the first in a series of financial services texts and this one primarily deals with life and health insurance. It covers the fundamental elements of the law and insurance as it relates to insurance on the person. The need for financial stability is explored and how risks associated with the person can be solved through the use of insurance. Applications and policy documentation are explained in the context of underwriting. The basics of how insurance products are priced provide a deeper understanding of how this industry operates. Life and health products for personal and business uses are covered. A framework of government programs is studied as well in order to properly assess financial needs.
Chapter Outlines:
- Introducing Financial Services
- Fundamental Elements of the Law and Insurance
- The Life and Health Insurance Industry
- Needs for Life and Health Insurance
- Applications, Documentation and Policies
- Underwriting Life and Health Insurance
- Life Products – personal and business
- Health Insurance
- Group Benefit Plans
- Government Programs and Financial Security
