WANTED: smart, self motivated, and enthusiastic individuals to serve the public in making wise decisions regarding their insurance needs. Very few individuals actually seek out the business of insurance as a career, it just seems to happen. It happens, because the insurance profession is such a broad field that many of the activities that individuals are looking for in their careers are part of the business of insurance. It is not uncommon to meet high school graduates, college graduates, engineers, doctors, accountants and other educational backgrounds. The profession has room for everyone. The following paragraphs will detail some of the business activities of the insurance profession.
The business of insurance is a very important part of our economic system. Many individuals are looking for careers that will have a valuable impact on our society in the years to come. The insurance profession meets this desire. The most common definition of “insurance” involves the spreading or transferring of risk to an entity that has a much greater ability to pay for the loss. When a family buys a home, chances are they will finance the home with a lender or mortgage holder. They do this because they do not have the money in the bank to pay for the house outright. Insurance is purchased to transfer the risk to the insurance company, so that if the house is destroyed by fire or some other covered peril, the home can be replaced with the insurance proceeds. The importance of insurance can be shown in all walks of life. All kinds of insurance is purchased by families and business owners. Some insurance types include auto, home, marine, liability, life insurance, health insurance, disability income, and long term care insurance, just to name a few.
The business of insurance involves working with families and/or business owners to identify their insurance needs and then develop insurance solutions that best meet the situation of the client. The insurance business can be and often-times will be complex. The insurance professional must learn to systematically assess the situation and determine the correct course of action in identifying the coverage needed. Then the solution is writing the correct policies.
The business of insurance requires smart, self motivated, and enthusiastic individuals. These individuals, whether working for a company or self-employed, will need to plan their work process and then work their plan. If they decide to be self-employed that will still require planning and doing. Also, individuals in insurance will have an unlimited income potential. Additionally, these individuals must be honest, possess integrity, and have the sincere desire to help their prospects and clients achieve their goals. The insurance business is hard work and to be successful the individual must be focused and have the ability to follow through. The person that wants to do something different virtually every day that they work, that must continue to study and learn as issues and concepts change, the insurance field might just be the right profession.
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Training for a career in the insurance profession has become increasingly convenient in recent years. With the advent of online insurance pre-licensing courses, it is now possible to meet pre-licensing requirements in most states and study for your initial state exam at home and on your own schedule. If a career in the insurance profession interests you, we recommend starting with our partner, ExamFX and train at home for a rewarding, new career. Become an insurance agent.
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There are so many topics to write about these days it is hard to decide. With that said, I am very excited about the new online insurance courses that are being offered at www.MyInsuranceCE.com . Unfortunately, not all of these new courses are offered in all states, yet. Topics such as Healthcare Reform, Claims Handling, and Avoiding Errors and Omissions Claims, just to name three reflect the issues of the day that insurance professionals should be taking to better address the needs of their clients. Please take a moment to review the course descriptions of the new courses shown below to see if any of these new courses make sense for you.
Life/Health New Course Launches:
- Healthcare Reform: Critical Aspects of the Patient Protection and Affordable Care Act: This course provides important information for insurance producers and other advisors who want to engage and counsel clients about the new requirements imposed on group health plans and individual insurance coverage by the 2010 Healthcare Reform Act and Regulations. Healthcare Reform: Critical Aspects of the Patient Protection and Affordable Care Act is now approved for life and health insurance CE credit in Alaska, Illinois, Tennessee, Texas, and Utah.
Property/Casualty New Course Launches:
- Claims Handling Best Practices: This course is designed for adjusters and others with property and casualty insurance claims-handling duties to help them understand the basic claims process and associated best practices that are consistent with the requirements of state unfair claims practices acts and regulations. Claims Handling Best Practices, is now approved for property and casualty insurance CE credit in Florida, Illinois, Iowa, Maine, Missouri, Tennessee, Texas, and Utah. More course approvals are pending.
- Avoiding Errors and Omissions Claims: A Guide for Insurance Producers: The purpose of this course is to help insurance producers understand their exposure to errors and omissions (E&O) claims and to provide practical guidelines for avoiding such claims. Avoiding Errors and Omissions Claims is now approved for property and casualty insurance CE credit in 24 states. More course approvals are pending.
- Insuring Personal RVs, Watercraft, Aircraft, ATVs and More: This course examines the specific exposures, as well as the property and liability insurance alternatives associated with recreational vehicles (motor homes, camping trailers, and so forth), miscellaneous land motor vehicles, watercraft, and aircraft and hovercraft. Insuring Personal RVs, Watercraft, Aircraft, ATVs and More is now approved for property and casualty insurance CE credit in 37 states. More course approvals are pending.
You know, continuing education is the lifeblood of successful insurance and financial advisor practices. Staying informed is a major part of the agent’s and advisor’s obligation to their clients. We must not forget that the more you know, the greater the likelihood that you will recognize opportunities for your clients and yourself. If your knowledge base is not expanding continuously, you are more likely to omit valid strategies for your client thereby increasing your E&O liability. Enough said for now. Hey, please check out www.MyInsuranceCE.com and www.BatemanLearning.com to see other valuable education opportunities to enhance knowledge base.
More and more agents are turning to online insurance CE when classroom CE isn’t a practical option. When the compliance deadline is just around the corner, or the classroom courses offered simply don’t match the specific courses needed, or perhaps the agent is looking for a more economical way to fulfill state requirements, MyInsuranceCE.com is the right solution!
MyInsuranceCE is Convenient
Study your insurance continuing education course at home, the office, on the road, or your favorite place to relax. You choose the time. Study a while, log out, and return later to learn a little more until you have completed your course. Plan your personal schedule and commitments around your study with online CE.
MyInsuranceCE is Practical
No commuting to and from, and getting hung up in traffic driving to class. No worry about getting to class on time, or trying to fit your lunch into a short break with online CE.
MyInsuranceCE is Affordable
Your online insurance continuing education course costs only a fraction of conventional classroom CE. Be sure to take advantage of the Bundled Pricing Discount – all the CE you need for one compliance period for one low price!
MyInsuranceCE is Approved Nationwide
Study with confidence knowing that your continuing education course has been approved by your state for your insurance license renewal. By using our online reference, you can confirm your specific course approval before ordering. And as always, you are welcome to call us with your questions.
MyInsuranceCE provides quality online insurance CE for insurance agents needing insurance CE credits for their license renewal. Insurance continuing education is AFFORDABLE and CONVENIENT with MyInsuranceCE… And is approved Nationwide!
MyInsuranceCE and its parent company Bateman Learning Inc. has partnered with WebCE to provide you with the very best online insurance CE courses.
We welcome you to post questions and share your online study experiences and/ or observations with other MyInsuranceCE students.
