Insurance Info

If you are an insurance professional, you would be well aware of the statutory requirements in the field of insurance – of continuing education (also known as CE) each year so that your license remains up to date.

Insurance CE is a huge industry; and there are hundreds of training centers across the country which survive solely on insurance continuing education. As the number of insurance agents in the country increases, there is more and more demand for continuing education, as it is mandatory in all the states to have a prescribed number of training hours attended each year, failing which the insurance license may be revoked. Continue reading ‘Insurance CE – Worth the Investment’ »

The whole concept of insurance is that of continuing education. Unless an insurance advisor is seriously in touch with the subject and the changing regulations, he cannot suggest the right kind of a policy to his customers. And customers’ expectations also change with time!

That is the exact reason why the government has put in a law that all insurance advisors should attend a mandatory training session for a stipulated number of hours each year. Since the laws change from state to state, we can’t be specific about it – but it generally is around 20-25 hours a year. In that, there is one session which is compulsory – Insurance Ethics; and when you think about it, that is a seriously good condition to have been put into the regulation code. Insurance is such a sector in which there is so much of competition that it is quite tempting for people to skip the little ethics which are mostly in unwritten form. So each year, when there is a brush up on the ethics front, there is a conscience which pricks us from inside when we cross the line. Continue reading ‘Insurance – Continuing Education Classes’ »

There are several kinds of insurances around, and no, we are not talking about life, general and so on!

In life insurance itself, there are so many specialties that a new person would get lost in the labyrinth of them all. And the rules and regulations for them all are so complex and different from one another. If you are an insurance professional, you will agree with us, and you would have experienced that first hand. Also, the laws of insurance are different from state to state, and if you are changing states for a career, you have a lot of unlearning to do before you start learning!

With insurance – in every state – there is a great thing; and that is mandatory continuing education. Unlike many other fields where learning really stops once the profession begins, insurance requires a mandatory number of hours of training every couple of years, and that is what makes insurance agents so well informed to help us take financial decisions. The laws are not constant, and when they change, the mandatory education ensures that the professionals also update their knowledge.

Illinois is no different, and that is why there is such a comprehensive Illinois insurance continuing education program. Continue reading ‘Insurance Continuing Education – Of All Types!’ »

Insurance is a wholly unique field – one that is tremendously challenging, and enormously rewarding. The reasons the rewards are so huge in the field is because it is not just a policy that is being sold by the insurance professional. It is a whole set of knowledge that helps the customer make a proper plan for his future, and hedge his investments accordingly. In fact, that is the reason a lot of insurance companies call their agents as financial advisors! That is exactly what they are.

But to be capable of that title, there needs to be constant and high quality knowledge upgrading, and there are very few sources which are capable of doing that. For insurance continuing education, the internet is the premium source of information, primarily because it is a dynamic medium which can be updated in real time. As soon as there is a new announcement about some new change in the way insurance is perceived, the internet is where it’ll come up first, and like they say – knowledge is power.

There are some wonderful insurance continuing education online programs in the country (and around the world), and most of the best insurance professionals are all part of these programs. The ones who regularly hit Million Dollar Round Tables and Top of the Tops are all from these clubs. Not only does insurance CE provide the professional with information he can use to increase business, but also helps in various other things which will come in handy as business scales up. Continue reading ‘Insurance Continuing Education – Why You Need It’ »