Insurance Ethics: Making the Right Decisions - ME

In this course we will look at the agent's fiduciary responsibility to clients; the agent's obligations to the insurer/employer; and also at the laws and regulations relating to ethical practice in the field of insurance. At the conclusion of the course, you will understand what your duties and obligations to your clients are, and what personal and legal consequences come as a result of a breach of responsibility. You will also understand your obligations to the insurer you represent, and to the agency for which you work. Further, you will be familiar with the role of the NAIC in regulating insurance ethics; with the state laws governing insurance, and with a lengthy list of unfair trade practices as defined by law.