Online Insurance – Continuing Education Considered

Insurance industry professionals will agree that the insurance business is changing daily. The business models we have relied upon in the past are no longer delivering the results we need to meet our business and personal obligations. This means that we must discover new, more effective ways to address the challenges of today and the future.

Insurance continuing education is not taken very seriously these days by insurance professionals. Sadly, this is not productive. I must suggest that insurance continuing education might very well be one of the best resources for insurance agents in redefining their practice focus. Online continuing education courses offer all kinds of topics to assist the insurance professional in becoming more knowledgeable and therefore better prepared to meet the obstacles that lie ahead.

Let’s not forget, that the insurance business is very complex. Insurance professionals must continually read articles to keep current and learn new concepts and strategies to help their clients. An insurance agent or financial advisor dedicated to expanding their knowledge base can use continuing education courses and produce surprising results. Continuing education can help them avoid mistakes that others have made. Studying new concepts and ideas can stimulate new business strategies. In other words, knowledge expansion may very well facilitate the recognition of new opportunities that would not have been recognized otherwise. If you do not know about a particular concept or strategy, then how will you recognize the opportunity when it presents itself?

There are three other reasons to consider online insurance continuing education. First, it’s convenient. As long as you have an Internet connection, you can study anywhere, at home, at work, on a trip or your favorite place to relax. Second, it’s practical. There is no need to commute to and from a class, getting stuck in traffic or having the stress of not being on time. With online insurance continuing education the student can work at his or her leisure, starting and stopping as necessary. Third, it’s affordable. As a general rule the cost of online insurance continuing education is typically less than 25% of the cost of classroom courses.

Knowledge and critical thinking are the elements that are needed to develop new ideas, concepts and strategies to address the needs of our prospects and clients. The more prepared we are, the greater the likelihood of creating sound solutions to meet the challenges of the future. There is no substitute for continuing education, regardless of the field of endeavor.

Online Insurance Continuing Education Classes

The internet has impacted our lives in more ways than we can count. We are not just talking about the convenience of shopping online or the money saved each time we transact online banking. The biggest thing the internet has given us is flexibility, and one classic example is online insurance continuing education classes.

Insurance is a field that involves a lot of knowledge, and till a few years ago, it was required that agents head down to their local insurance training centre and spend a few hours each year as was mandated by the law of their state and get re-certified so their license could be extended. But it was quite inconvenient for a lot of people, and there are thousands of agents who lost out on their licenses because they could not make time out of their schedule and attend the classes.

After the internet took over the field of online insurance continuing education, however, the dropout percentage has come down drastically, thanks to the flexibility offered. Now, advisors can log on at any time from any place, and finish the subjects they are required to train on. Not only can they do the course online, but they can also take the test online, and get certified instantly! We know of the best online insurance continuing education classes portal which does not charge any money for agents to read the material and attempt the test. Only when the agents finish the test and pass do they need to pay the fees; and that too is only a small fraction of what one would need to shell out at an insurance academy. Example, to take the mandatory ‘Advanced Annuities’ module under California insurance law, it would cost an agent just $ 4 to read through the material (which is provided by the portal), take the test, and get certified! Compare that with what an insurance school would charge, and you know the amount of savings each module passes on to the agent.

It is very important to look into online insurance continuing education to fulfill all of your state requirements for insurance CE. You do not want to incur any state fines or penalties against your license. The last thing you want is the state to revoke your license and possibly your career and way of living! You also want to stay continuing your education for your clients. If you can’t advise them on different products and services, then who can?

Another reason why insurance CE (continuing education) online is so popular is because of the wide range of modules that can be chosen. Since training in insurance is an ongoing thing, a wide range of modules would let an agent choose new stuff each time they come into training. Not only will they avoid boredom, but will also keep upgrading their knowledge, and that’ll come in handy when they go out into the field. Check out a portal of the genre, and you will agree with us.

The Need for Life Insurance Continuing Education

The insurance sector is a very profitable business area. This is one of the main reasons why may multi-national companies and other powerful businesses opt to conduct insurance business. And due to its inherently good prospects many people are also interested to work in this sector. But along with all these positive features the main drawback with insurance as a business is that there are greater chances to exploit your clients in this business than in any other sector. Hence, the government of the various states of America has proper rules and regulation in connection with insurance and as a part of these rules every employee working in the life insurance sector need to complete some predetermined number of insurance continuing education courses to keep his insurance license intact.

The main reason why you need these continuing education courses is because, selling life insurance is a bit complex than most other types of insurance. The main reason is that for most people this doesn’t seem a profitable venture as they can’t expect any returns during their life time. Moreover, the premiums are to be paid for a very long term and the cost of the insurance is also slightly higher as compared to the other types of insurance. But this means that there are better commissions and hence better income for the insurance agents who deal with life insurance as well as the firm which provides the insurance.

Hence, there is a requirement for skilled and certified professionals in the insurance sector. Hence, opting for the continuing education courses can be advantageous. In addition to this you there are also other benefits with these courses. Since, selling life insurance is a bit complicated you need to have information that is required to persuade your prospective customer to make the purchase. This means that you need to have the most recent information at your finger tips if you are hoping to convince them to purchase your product. Hence these insurance classes will also help you professionally as well as help you to keep your insurance license active. There is so much stress on the insurance license of a person for the reason that it is illegal to be employed in the insurance sector without the proper license. Hence, life insurance continuing education courses are an essential requirement.

The insurance sector is an ever changing field as the customer requirements, related to life insurance are changing constantly. To make sure these needs are met the government rules and regulations in relation to life insurance also keep changing as amendments and clauses are added to the already existing laws. Hence you need to keep yourself abreast of the developments in the insurance sector if you want to provide the best possible information to your clients. This is the main reason why it is mandatory for all such employees like insurance agents, brokers and underwriters to attend continuing education courses.

Insurance Continuing Education Classes – Online VS Classroom

Education is very important in any industry. Every professional should keep up to date on the newest laws, rules, and regulations in which they must abide by. Things are no different for insurance and financial professionals. No matter what type of license one holds; life, health and/or property and casualty; every state has different continuing education requirements. We are going to discuss your different options when completing your insurance continuing education classes and show you what to look for in a school.

Insurance Education Classes are offered either in a classroom or completely online. Many insurance agents choose to do their insurance education online to save time and money. Agents do not have to sit in a classroom for 24 hours; instead they will read a book and fill out a simple multiple choice exam. Some exams are open book while others are monitored. The only benefit from completing your continuing education requirements in a classroom is there are no multiple choice exams to complete. The insurance agent receives their certificate as soon as the class is over. You just have to sit and listen to an instructor and sign an affidavit stating that you were present. To find a class near you, you can contact your state’s department of insurance. They will be able to send you a list of classroom courses being offered in your area.

To complete your insurance continuing education credits online you can contact an approved insurance continuing education company and speak to a live representative regarding your state’s requirements and the online continuing education courses available. The representative should be able to find out what licenses you hold, what classes you need to take and how many credit hours you need to complete. Every compliance date is different so make sure you know when all of your education is due. If you fail to meet your state’s requirements by the compliance deadline there is often a fine and sometimes the state will even suspend your insurance license. So make sure to be aware of your compliance date!

When deciding which avenue to pursue we recommend considering many factors including time, money, convenience and value. You want to get the most out of all of these factors. You also want to consider what you have going on in your life and how your schedule looks. One way or the other you want to make sure you complete all of your continuing education by the deadline every 1-2 years.