Business Life and Disability - VA

Insurance Continuing Education in Virginia

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$27.95

5 credit hours

Price includes
CE Course :
$14.95
Roster Fee :
$13.00

* A roster fee of $2.60 per credit is required to file Insurance Continuing Education credit in Virginia. That fee is collected as part of your purchase and is then used to pay for the filling of your credits.

If purchased today, this course must be completed by:
December 31, 2024 (172 Days)

Description

Business Life and Disability explores and discusses business types and characteristics as well as the application of Life and Disability insurances in the various business entities as an instrument for solving many of the complex issues that the business owners of all types face.

Business life insurance and disability insurance are generally applicable to the distinct composition of a particular business entity and how specifically has been structured such as a sole proprietorship, a partnership, a corporation, or a limited liability company. The type of business dictates how the company manages critical situations and solves human resource issues along with addressing what will and may happen to the business over time, to the investors, to the employees, and to the families of the employees in the event of death.

The purpose of this course is to introduce you to the world of "business insurance". Your course examines the problems and protection opportunities common to all basic business structures. It examines and compares the many various problems they encounter during their business cycles and business growth and development over time. You will be exposed to and benefit by discussions on a whole host of key elements in this area, including:

  • the business continuity options of each form of business
  • the different ownership structures of each business form
  • the advantages of using life insurance for funding agreements and benefits
  • the taxation of owners of each form of business
  • the advantages and disadvantages of various business structures existing today
  • the purpose for business continuation and succession planning
  • the role played by the use of life insurance and disability insurance.
  • the impact of tax considerations in business planning.
  • the strategies that protect and the business owner’s ability to obtain, retain, and strengthen relationships with key personnel.
  • the value of keeping businesses in a vibrant role of continuation through solutions that are beneficial to owners, employees and heirs

Exam Details

Need Proctor?No
Question Count:30
Passing Grade:70%
Attempts to Pass:Unlimited
Note: If you choose to request additional credit types while taking this course, the number of exam questions and proctor rules may change to meet those credits' requirements.

Course Details

Course Number:225559
Approved Title:Business Life and Disability
Approved Credits
5 credits in Life & Health
Provider:InsuranceStudy.com
Provider Number:124483
Topics Covered:Life and Health Insurance, Life Insurance, Health Insurance
Program Level:Intermediate

Rules for Virginia Insurance Continuing Education

  • Self-Study course material is approved as either online or correspondence. Online training is delivered through an internet based learning environment. Correspondence is delivered by a PDF/Textbook provided directly to the student upon enrollment. You must complete review of the course material before accessing the final exam.
  • Exam is closed book.
  • Agents cannot receive CE credit for a course taught in alternative formats (a classroom course, online course, video or audio conference, web-conference–based, etc.) if the curriculum is based on the same published materials; this rule applies to any variation of course types.
  • ONLY the Virginia Insurance License Number (VLN) or the National Producer Number (NPN) are permitted forms of student identification. Social Security Number, driver’s license number, and all other forms of personal identifiers are strictly prohibited.
  • Students are not permitted to complete more than eight credit hours per day. Any course exceeding 8 hours of credit must be completed with a start and end time which is greater than 24 hours apart.
  • Student Certification forms which are distributed during your completion of the course are to be submitted to our office no later than 7 days from the date you successfully complete your final exam. All online exams completed on this platform include your electronic certification as part of the exam process.
  • The state of Virginia requires providers of online training to restrict access to the final exam until a student has completed the course material in its entirety. To meet these requirements we have put in place a Course Material Verification code on single module online courses which can be found on the last page of your course materials. This code will be required prior to accessing the final exam. For courses which are correspondence, videos or multiple modules, you must review the entirety of the course before the start exam button will appear.
  • The state of Virginia charges an additional fee of $2.60 per credit hour.