Intermediate Elements of Life Insurance by Jack Rotzien, CLU

Syllabus

Course Information

Course title:

"The Elements of Life Insurance and Its Uses in Contemporary America"

Course number:

OLT # INSCE001 DOI # 40321

Course description:

14-hour OnLine CE course designed to meet State Continuing Education requirements.

This ONLINE course covers the following topics: the purpose of insurance (the role, nature and concept of risk...); composition of the industry (company types, regulation...), legal contract concepts (general law, policy delivery, back dating...); types of life insurance policies (individual term life, whole life...); life insurance policy provisions and options; policy options and riders, beneficiary options (dividend, policy riders); life insurance premiums; settlement options; life insurance underwriting and issue; group life insurance; social security; retirement plans; and Uses of Life Insurance.

No classroom attendance required. The 14 hours of credit are earned online in the virtual classroom. This intermediate level life course is acceptable for the 2-15 or the 2-14 license. The course is an overview of the life insurance industry and the elements of traditional and modern interest sensitive and variable products. It touches on the "needs" method of insurance planning and wraps up with two interesting cases for the student to apply their knowledge in possible solutions.

Location:

Completely online through the following Florida Community Colleges:
Broward, Central Florida, Daytona Beach, Edison-Collier, Edison-Lee, Gulf Coast, Hillsborough, Indian River, Miami-Dade, Pasco-Hernando, Pensacola, Santa Fe, SCF-Manatee/Sarasota, Tallahassee and Valencia

Available:

24/7/365

Prerequisite(s):

Available to licensed Florida Insurance Agents holding a 2-14, 2-15, 2-16 or 2-18 license

Course Goals

Course Goals:

The Goal is to complete the required CE with the minimum hassle, while increasing your knowledge and understanding of Life Insurance in Florida.

Course Outline

It is important to note that not all pages are standard 8x11 pages.

A page is the length required to express an idea or subtopic.

Therefore, some pages may consist of only a few sentences.

Syllabus	Hours	Module
Section 1 -	2.5 hours
The function of Life insurance in contemporary America	0.50 hour	A
Present Composition of the Industry	0.75 hour	B
The Insurance Contract as it relates to the law	1.25 hours	C
Section 1 Exam - For Grade
Section 2 -	4.25 hours
Traditional and Contemporary Insurance Contracts	2.5 hours	D
The Elements of the Insurance Contract	1.0 hours	E
Contract Enhancements	0.75 hour	F
Section 2 Exam - For Grade
Section 3 -	3.5 hours
Benefit Distribution Designations and Options	1.0 hours	G
Contract pricing and ratings	0.75 hour	H
Taxation of Premiums, Benefits, & Benefit Options	0.50 hour	I
Risk Selection and Types of Receipts	1.25 hours	J
Section 3 Exam - For Grade
Section 4 -	3.75 hours
Characteristics of Group Life Insurance	0.50 hour	K
The Role of Social Security in Contemporary Society	0.75 hour	L
Planning for the "Ripe Old Age"	1.0 hour	M
Analyzing the Insurance Needs for Individuals and Business	1.0 hour	N
Two Business Case Studies	0.50 hour	Cases
Section 4 Exam - For Grade
COURSE TOTALS	14 hours	A-Cases

Author / Instructor Information

Name:

Jack Rotzien

Email:

jack2@oltraining.com

Office location:

2669 Forest Hill Blvd, Ste. 207, WPB, FL 33406

Office hours:

Call for an Appointment

Phone:

561-283-0333 or toll free 866-357-0841

Biography:

Jack Rotzien, CLU, has been directly involved in designing and delivering insurance training, pre-licensing courses, and continuing professional education courses in Florida for the past 23 years. He is a founding member of OnLine Training, Inc. His commitment to students and his strong desire to aid them in being successful has been a hallmark of all his instructional endeavors.

Last Updated: October 28, 2011 by Max Combs