his course is a study of ethical practices for insurance agents, examining closely the parties to whom agents owe an ethical responsibility, the law of agency, agent and broker liability, and deceptive trade practices and fair claims handling.
Objectives
Learn the “new focus” on Business Ethics
Gain an understanding of ethical decision making
Compare ethic obligations and legal requirements
Identify the duties resulting from the law of agency
Major Subjects Covered
Introduction to Ethics
The Common Law of Agency
Perspective on the Unauthorized Practice of Law
Ethics for the Insurance Industry
Complex Ethical Dilemmas that Challenge
Legal Vs. Ethical Responsibilities
Agent and Broker Liability
Consumer Protection
Deceptive Trade Practices and Fair Claims Handling