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LOMA - Online course: UND 386 — Underwriting Life and Health Insurance

Data început
Data finalizării
Nr. de ore
16
Nr. de credite
0
Detalii curs

UND 386 introduces risk assessment principles applied to underwriting individual and group life and health insurance, including specialized policies and supplemental coverages.

Language: English

The course is online and can be accessed both from computer and mobile devices.

Topics

  • Principles of Underwriting
  • The Underwriting Position
  • Legal Aspects of Underwriting Individual Policies
  • Underwriting Activities and Technology
  • Underwriting Individual Life Insurance: Medical Risk Factors
  • Underwriting Individual Life Insurance: Financial Risk Factors
  • Underwriting Individual Life Insurance: Personal Risk Factors
  • Underwriting Business Insurance, Specialized Policies, Replacements, and Supplemental Benefits
  • Underwriting Individual Health Insurance
  • Legal Aspects of Group Insurance Underwriting
  • Group Insurance Underwriting Activities
  • Risk Assessment for Group Insurance

 

Course Format

Course Portals include the following elements:

  • All the assigned study materials needed for the course
  • Interactive Practice Questions and Sample Exams
  • Recommended study plans to help you set goals and manage your study schedule
  • Additional media and features to help in the study and review process
Obiectivul cursului
  • Describe the goal of underwriting and explain how underwriters achieve sound underwriting practices.
  • Define and describe the major risk classifications, typical risk classes, risk assessment protocol, and underwriting philosophy for both individual insurance products and group insurance products.
  • Explore how various laws and regulations impact insurance companies’ underwriting practices for both individual and group insurance policies.
  • Describe how underwriters use information obtained from an insurance application, a producer, an inspection report, or a personal questionnaire in underwriting individual life insurance, and how factors such as age, sex, family health history, citizenship status, motor vehicle records, hobbies, annual income, lifestyle choices, and criminal history influence the policy underwriting decision.
  • Explain how data mining, predictive modeling, business rules engines, document management systems, and workflow automation apply to the underwriting of insurance.
  • Identify the needs satisfied by business insurance and factors important to the valuation of a business, particularly when buy-sell agreements, key-person insurance, split-dollar plans, deferred compensation plans, and creditor insurance are included features.
Grup țintă

Employees of companies from the insurance and financial services industry.

Tematica
  • Describe the goal of underwriting and explain how underwriters achieve sound underwriting practices.
  • Define and describe the major risk classifications, typical risk classes, risk assessment protocol, and underwriting philosophy for both individual insurance products and group insurance products.
  • Explore how various laws and regulations impact insurance companies’ underwriting practices for both individual and group insurance policies.
  • Describe how underwriters use information obtained from an insurance application, a producer, an inspection report, or a personal questionnaire in underwriting individual life insurance, and how factors such as age, sex, family health history, citizenship status, motor vehicle records, hobbies, annual income, lifestyle choices, and criminal history influence the policy underwriting decision.
  • Explain how data mining, predictive modeling, business rules engines, document management systems, and workflow automation apply to the underwriting of insurance.
  • Identify the needs satisfied by business insurance and factors important to the valuation of a business, particularly when buy-sell agreements, key-person insurance, split-dollar plans, deferred compensation plans, and creditor insurance are included features.
Investiție

The participation fee may be subject to changes based on LOMA policy

Investiția necesară pentru a participa la acest curs include

  • accesul pentru o perioada de 6 luni la platforma de elearning si sustinerea unui test de evaluare
Preț cu TVA
1174.50 RON
Serie Certificat
UND 386