Learn What Insurance Is and How It Works
Insurance can be difficult to understand.
Although insurance touches every aspect of our lives, very few people understand what it is and how it functions.
Self-Paced Introduction to Insurance Course
The Introduction to Insurance course provides basic insurance knowledge and serves as a resource that sets new hires or anyone new to insurance up for success. This self-paced course delivers information about what insurance is, its purpose, the function of contracts and companies, and how the industry is regulated. A review quiz and summary of learning objectives are also included in this course to ensure understanding of the content.
What you will learn:
Insurance Companies can determine how much risk they can assume, how much their customers can afford to pay, and have expertise in writing the insurance policies themselves.
- Law of Large Numbers
- Reasons People Purchase Insurance
The elements of a contract, the importance of truth, how policies are out into place, and legal perspectives.
- The Insurance Policy as a Contact
- The Legal Perspective
Company characteristics and types, insurance company roles, competitive advantages, technology and distribution.
- Characteristics of an Insurance Company
- Insurance Company Roles
- Competitive Advantage
- Types of Insurance Companies
- Distribution Systems
- The Impact of Technology
Insurance is regulated in an interesting way because it creates private contracts between private parties. Learn how insurance is regulated and the limits to what the government can do.
- Regulation of the Insurance Industry
- Reinsurance
- Review Quiz
- Summary
Benefits for Agency Owners & Managers
Are you in the middle of hiring season or want to expand your teams with new talent and interns?
- Increase new hire engagement
- Build trust
- Perfect onboarding resource
Benefits for New Hires & Prospects
Are you new to your insurance role or thinking about jumping into an insurance career?
- Understand complexities of insurance
- Shorten your learning curve
- Become productive faster
Benefits for Agency Owners & Managers
Are you in the middle of hiring season or want to expand your teams with new talent and interns?
- Increase new hire engagement
- Build trust
- Perfect onboarding resource
Benefits for Agency Owners & Managers
Are you in the middle of hiring season or want to expand your teams with new talent and interns?
- Increase new hire engagement
- Build trust
- Perfect onboarding resource
