Illinois Insurance Continuing Education Legal Responsibilities of the Insurance Agent

Legal Responsibilities of the Insurance Agent

1 Learner Reviews -

Read Reviews

40.00 40.00
$40.00
PRICE PER USER
$
X
USERS


=
SUBTOTAL
$
  • Course Delivery: On Demand
  • Credit Hours: 8
  • Language: English
  • Credit Type: General
  • Difficulty: Intermediate
  • Audience: Illinois Licensed Insurance Professionals

Chat Live | Contact Us | Toll Free: (888) 360-8764

 

Description

Legal responsibilities are fundamental. An insurance agent walks a difficult line with legal responsibilities to both an insurance company and a client. When the agent does not live up to these responsibilities, there is the threat of being sued. Periodically, every agent should review the legal responsibilities of an agent in modern society. An insurance agents social, ethical and professional responsibilities may be optional; but legal responsibilities are not. Legal responsibilities are the minimum amount that is required of every agent. If he does not live up to his legal responsibilities, he will end up out of business and maybe even behind bars. Because legal responsibilities are determined by common law, statute, and case law, they are evolving. An agent must remain current, making adjustments for trends and refinements. The purpose of this course is to provide the student with a knowledge and understanding of these legal responsibilities and insurance principles. Topics include: Principles of Insurance, Characteristics of Legal Responsibilities, Illegal Acts of an Insurance Agent, Ethics in the Insurance Agency, and Legal Issues in Insurance Fraud.

 

Course Objectives

Upon completion of the course, the student will be able to:
- Understand and know Insurance Principles and Legal Responsibilities.
- Understand and know Legal Responsibilities in the Agency.
- Understand and know Legal Responsibilities with the Insured.
- Understand and know Legal Responsibilities in the Insurance Contract.
- Understand and know Legal Responsibilities in Liability.
- Understand and know Legal Responsibilities in Consumer Protection.
- Understand and know Legal Responsibilities and HIPAA.
- Understand and know Legal Issues in Insurance Fraud.

 

Regulatory Information

Legal Responsibilities of the Insurance Agent - Illinois Department of Insurance

  • Name:
  • Illinois Department of Insurance
  • Phone:
  • 217-782-1810
  • Fax:
  • 217-782-5020
  • Website URL:
  • http://www.insurance.illinois.gov/
  • Email Address:
  • [email protected]
  • Address:
  • 320 W. Washington St. 4th Floor
  • City:
  • Springfield
  • State:
  • IL
  • Zip:
  • 62767-0001
 

End of Course Instructions

Congratulations! You have successfully completed your continuing education course. 360training or a 3rd party affiliate of 360training will report your credit hours to the Department of Insurance within 15 days. You may also now print your completion certificate online. Keep in mind that certificates of completion must be kept on file for 5 years.

 

Quiz Information

You will not be required to pass the quizzes to move on to the next lesson.

 

Exams

You will be required to pass the final exam with a 70% in order to receive course credit.

Got questions? Contact us below or call 877-881-2235

Why Choose 360training.com?

  • Fast and easy courses completion
  • Get an education faster than at traditional colleges!
  • 100% online - No classroom attendance required.
  • Unlimited 24x7 online customer support
  • Over 500,000+ certified nationwide.

1 Real Reviews From Actual Learners

Leon From Sulphur Springs, TX Took Legal Responsibilities of the Insurance Agent, And Said:

It is good material and easy to learn and digest.

Posted 10 months ago