$8.00 + your state filing fee
4 Credit Hours
This course favors L&H insurance agents but is applied as general credit for all agents.
This course covers the following topics:
- A deep dive into the history of disability insurance, the various types of disability insurance and programs, and some key features of disability insurance policies.
- Discuss individual disability insurance and government programs, with a focus on employer-provided disability insurance
- Examine various features of disability policies and their limitations as well as the tax implications that come with these benefits
Despite what many people believe, your most valuable asset isn’t your home, vehicle or even your carefully planned-for retirement account: it’s your ability to make a living. Disability insurance is a critical insurance offering because it pays a portion of an insured individual’s income in the event he or she cannot work for an extended period due to an illness or injury. There are many different types of disability insurance on the market today, as well as various government programs, that help to offset the inevitable costs that result from becoming disabled. While no one likes to believe they may miss months, or even years, of work due to an injury or illness, especially those who are young, healthy and have a low-risk job, statistics show more than one in four 20-year-olds will experience a disability for 90 days or more before they reach age 67 (according to the Social Security Administration.) In this course, we will provide insurance producers an in-depth understanding of the history of disability insurance, the various types of disability insurance and programs, and some key features of disability insurance policies. While we will review individual disability insurance and government programs – we will focus primarily on employer-provided disability insurance. In addition to various features of disability policies, we will address their limitations, as well as the tax implications that come with these benefits.
A: We use a unique system to help you learn the material easily. Our online courses present you with information in large type that is easy to read. We highlight key items in gray and quiz you after each chapter to make sure you are learning critical information. You may review the material as much as you want before taking your required online, multiple-choice exam. Passing the exam proves your proficiency in that subject to your state’s governing authority.
A: According to the state authority, it is not permissible to print or download any course material or exam questions. However, you are free to access all online courses from our website anytime.
A: The time required to complete an online course varies from student to student, but it roughly approximates the number of credit hours awarded for the course. You must pass an online, multiple-choice exam. Passing the exam proves your proficiency in that subject to your state’s governing authority.