Insurance, Estate,
and Ethics in Canada
Instructor
UIE Phone
(253) 846-1155 Email
mail@uiece.com |
Course Overview
This comprehensive course
explores the interconnected roles of insurance, estate planning, and ethical
conduct in the Canadian marketplace. It examines how life insurance, trusts,
annuities, and pension structures support financial stability and intergenerational
wealth transfer. Participants will learn to navigate complex legal and
ethical frameworks—covering wills, probate, privacy, and professional
obligations—through the lens of national and provincial guidance from CCIR
and CISRO. Emphasis is placed on ethical judgment, best-interest advice, and
compliance that strengthens both client outcomes and public trust. |
|
Chapter |
Subject |
Description |
|
Chapter
1 |
The
Future is Nearer than you Think |
Introduces
the importance of early financial and estate planning, emphasizing the
agent’s role in helping clients organize assets, understand wills, and build
lasting control over their estates. |
|
Chapter
2 |
Will
you outlive your assets? |
Examines
the impact of inflation, purchasing power, and portfolio design on retirement
security, showing how insurance and disciplined planning protect against
outliving one’s resources. |
|
Chapter
3 |
Recordkeeping
& Will |
Details
the records every household should maintain, proper document storage, and the
essential elements of drafting, updating, and safeguarding wills for
efficient estate transfer. |
|
Chapter
4 |
Trusts
in Canada |
Explores the many forms and purposes of
trusts—including family, alter ego, and disability trusts—along with an
agent’s duties in funding, selecting trustees, and managing client
expectations. |
|
Chapter
5 |
Life
Insurance |
Explains
how life insurance protects estates and dependents, compares policy types
such as term, whole life, and universal life, and clarifies how to match
coverage to client goals. |
|
Chapter 6 |
Annuities
& Client Best Interest |
Covers
the function of annuities in retirement income planning, their taxation,
guarantees, and regulatory safeguards, while stressing ethical suitability
and full disclosure in recommendations. |
|
Chapter 7 |
Retirement
Funding through Pensions |
Outlines
how defined benefit and defined contribution pension plans operate, the
agent’s advisory role at each stage, and strategies to integrate pensions
with insurance solutions. |
|
Chapter 8 |
Other
Financial Considerations |
Addresses
complementary financial tools such as RRSPs, TFSAs, and spousal planning,
highlighting tax, withdrawal, and business-owner considerations within
Canadian estate systems. |
|
Chapter 9 |
Ethics
– a Practical Approach |
Focuses
on ethical conduct in insurance practice through CCIR and CISRO principles,
demonstrating how compliance, disclosure, and fairness underpin
professionalism and client trust. |
None