PFP Boot Camp: Insurance Planning

Description

This session addresses risk management. Various insurance products will be reviewed, including life, disability and medical insurance, as well as the types of contracts available; and how insurance is used in financial planning to manage risk. Participants will also learn about the many types of property and casualty insurance, including homeowners, liability and auto insurance.

Highlights

• Life, disability, and medical insurance
• Property and casualty insurance

Objectives

When you complete this course you will be able to:

• Identify, assess and evaluate loss exposures
• Select and propose risk management technique(s)
• Articulate the legal elements and characteristics of insurance contracts
• Compare and contrast types of life insurance
• Recognize the various types and uses of annuities
• Evaluate annuity distribution option based on clients goals
• Differentiate and compare the various types of disability insurance
• Select disability benefits and riders based on client need
• Select appropriate policy form for insured property based on covered perils
• Choose liability limits based on clients financial statements
• Distinguish differences between types of individual and group medical expense plans
• Analyze need for LTC insurance

Designed For

Financial planners preparing for the PFS exam or who need a refresher on PFP skills