Disability Insurance Products and Principles
Insurance Continuing Education in Michigan
- 3 credit hours
- 25-question final exam, 70% to pass
- Proctor required for the exam
- Unlimited attempts to pass
- PDF download available
Michigan insurance continuing education requires an impartial third-party proctor be present during your final exam. A suitable proctor is a person who has no financial interest in the success or failure of a licensee maintaining an insurance license. The disinterested third party must also certify the exam was closed-book and no other assistance was used to obtain a passing score on the exam.The proctor cannot be a friend, relative or in the direct line of employ of the licensee, nor anyone with a financial interest in the exam result. Make sure to return your signed proctor affidavit within 10 days of completing the course. Failure to return the signed form may forfeit your CE for this program.
Price: $15.95
If purchased today, this course must be completed by September 15, 2027 (309 Days)
Description
The purpose of this course is to provide the student with a clear understanding of disability income insurance including; a full description of disability insurance with definitions and an explanation of provisions, an overview of the principal disability rider benefits, and a look into disability income underwriting. This course will also explain the primary sources of disability income benefits, special coverage disability insurance policies, and the taxation of disability coverage.
The course will cover:
- Introduction to Disability Insurance
- Disability Policy Definitions & Provisions
- Principal Disability Rider Benefits
- Disability Income Underwriting
- Primary Sources of Disability Income Benefits
- Special Coverage Disability Insurance Policies
- Taxation of Disability Coverage
Course Details
Optional Credits
If you take this course you may also choose to earn the following additional credit:
- CE for CFP® Professionals
Final Exam
- Need Proctor?
- Yes
- Question Count
- 25
- Passing Grade
- 70%
- Attempts to Pass
- Unlimited
Rules
Rules for Michigan Insurance Continuing Education
- This state allows for course material to be downloaded. Please note that not all courses will have content that is suitable or available for downloading.
- Exam is closed book.
- The state of Michigan charges an additional fee of $1.00 per credit hour.
- Michigan credits a course once per 2-year compliance period, so you may take the same course again for credit after your license has renewed.
Approval Info
- Course Number
- 97477
- Approved Title
- Disability Insurance Products and Principles
- Approved Credits
- 3 credits in Life
- Provider
- InsuranceStudy
- Provider Number
- 0499
- Topics Covered
- Life and Health Insurance, Health Insurance
- Program Level
- Intermediate