Designing Our Future
Instructor
UIE Phone
(253) 846-1155 Email
mail@uiece.com |
Course Overview
This course is designed for agents who work with a wide range of insurance products since it covers life insurance products, trusts, annuities, and retirement funding vehicles. The final chapter is devoted to ethical conduct in the selling field. Due diligence is also discussed in detail. The groundwork is laid in the first three chapters through discussions of retirement income needs, income capitalization and determination of how much will actually be needed during the final years of life. |
|
Chapter |
Subject |
Description |
|
Chapter 1 |
The Future is Nearer than You Think |
This chapter look at goal setting. |
|
Chapter 2 |
Will You Outlive Your Assets? |
The federal reserve. |
|
Chapter 3 |
Using Financial Tools |
What’s the first step? |
|
Chapter 4 |
Trusts |
Trusts, while not specifically an insurance product, is used universally with insurance products through such things as the insurance trust, or policies that dump benefits into a trust upon the insured’s death. As a result, we have covered how trusts work and when they are not likely to be useful to the estate plan. |
|
Chapter 5 |
Life Insurance |
A great deal of attention is given to life insurance products since it is these policies that provide the initial estate for most individuals. |
|
Chapter 6 |
Annuities |
Annuities are discussed as vehicles for retirement or estate planning requirements. As part of this chapter payout options are discussed, including how each option may apply, the long-term nature of most annuities, and penalty periods that might apply (both insurer and tax penalties). |
|
Chapter 7 |
Retirement Funding |
Retirement funding examines how pension plans work, when the employees can contribute, and defined benefit and defined contribution plans. We also look at other financial options, such as Individual Retirement Accounts, Simplified Employee Pension Plans, and Keogh plans. |
|
Chapter 8 |
Other Financial Options |
IRA’s, Keogh Plans, SEPP. |
|
Chapter 9 |
Ethics & Other Myths |
This chapter looks at ethics from the agent’s standpoint. It discusses due diligence requirements, rating companies, and state requirements, such as education legislation. The ethics chapter does more than quote philosophers. |
|
Chapter 10 |
NAIC Unfair Trade Practices Act |
The last chapter discusses the NAIC Unfair Trade Practices Act. |
None.