In the CIC Life and Health course, you will learn practical information related to Life and AnnuityPayment of a benefit where an individual receives a regular stream of income from the insurer, for life or for a specified number of years. More Policies, BusinessIncludes trade, profession, or occupation. More Life Concepts, Health Insurance, and EmployeeA person in the service of another under a contract of hire, who acts under the direction and control of the person who hired him/her. More Benefits. Leave the class with information that you can put to use immediately.

Updated and revised 2-Day course.

Life and Annuity Policies (6 Hours)

Learn the general uses and legal elements of life insurance policies and annuities. This class helps you understand the components of term insurance, universal life, whole life, and the classifications, types, and provisions of annuities. You will also examine how the application of these products, used with additional financial planning tools, can help clients and prospects meet their personal financial goals.

Business and Life Concepts (2 Hours)

Learn the issues involving employer-owned life insurance and the proper application of life insurance to key person business exposure. The information provided in this course helps you understand these and other issues facing business owners, including executive bonus programs used as an employer-provided benefit and development of a business succession plan. You will also learn the basics of buy-sell agreements and funding methods and structure of life insurance ownership to provide counsel as part of the business owner’s planning team.

Health Insurance and Employee Benefits Concepts (8 Hours)

What are the benefits afforded by the Affordable Care Act (ACA) and how do ACA-compliant and non-compliant medical health plans differ? Learn about these differences, as well as the value of consumer-driven, tax-advantaged accounts, including FSAA healthcare reimbursement account that allows employees to set aside money through payroll deductions on a pre-tax basis to pay for anticipated eligible medical expenses, for the employee and his or her dependents which are not reimbursed or paid from any other source. More, HSAA tax-saving plan for individuals and employees participating in High Deductible Health Plans to save and pay for Qualified Medical Expenses. HSA funds may also be used as an additional retirement savings mechanism. More, and HRAAn account owned, maintained and funded by the employer to pay Qualified Medical Expenses for employees. More. Understand when to use MedicareA federal government medical insurance plan originally for individuals age 65 and older or disabled. The age requirement has been raised based on year of birth. More, Medicare Supplements, and MedicaidA jointly funded federal and state program that provides hospital expense, medical expense coverage, and in some cases long-term-care-type coverage to the low-income population and certain aged and disabled individuals. More to meet clients’ needs.

You will also understand the meaning of long-term care and how it differs from acute and rehabilitation care. The information in this course helps you understand the special challenges brought on by long-term care exposures, as well as innovative products that address those exposures, including state Long-Term CareA blanket term for a wide range of services designed to meet medical, personal, and social needs in a variety of settings and locations. More Insurance Partnership Programs.

Finally, you will examine possible sources of income replacement in the event of disability. Analyze the benefits of individual disability income contracts within various occupations and industries as well as the use and benefits of a Business Overhead Expense DisabilityA physical or mental incapacity. More Policy.