| LOMA 281 — Meeting Customer Needs with Insurance and Annuities |
Insurance professionals are faced with complex terminology and concepts on a daily basis. Understanding what these terms mean and how they impact your business is essential to your success. Meeting Customer Needs with Insurance and Annuities (LOMA 281), part of the Need 2 Know series, uses a variety of media to teach principles of insurance, insurance products, and the policyowner’s contractual rights. The course describes the features of individual and group life insurance and annuity products, and emphasizes how insurance companies serve customers and meet customer needs through the products they provide.
This course is an essential step in professional development for any career-minded employee, providing the foundation upon which to build a career in the insurance or financial services arena. Seasoned employees from other financial institutions will also benefit from this course, which is specific to insurance products and operations.
| Online Course, I*STAR Exam is not needed |
This highly interactive online course uses an engaging, multi-media approach that includes video, audio, and scenario-based learning. Integrated exams are built right into the course as part of the learning experience, so no separate exam enrollment is required.
LOMA's highly interactive online course allows student to complete courses step-by-step anywhere and anytime by using desktop computer, tablet computer (including iPad), mobile computer or similar communication device.
| Free Demostration |
You may click here and experience LOMA's highly interactive online course demonstration for free.
| Course Outline |
Number of Lessons: 14
Module I: Risk and Insurance
- Lesson 1: Risky Business?
- Lesson 2: Organization and Regulation of Insurance Companies
- Lesson 3: Life Insurance Policies as Contracts
- Lesson 4: The Value Exchange in the Insurance Transaction
Module II: Individual Insurance Products
- Lesson 1: Term Life Insurance
- Lesson 2: Cash Value Life Insurance
- Lesson 3: Annuities
- Lesson 4: Health Insurance
Module III: Benefits, Provisions, and Ownership Rights
- Lesson 1: Supplemental Benefits
- Lesson 2: Life Insurance Policy Provisions
- Lesson 3: Life Insurance Policy Ownership Rights
Module IV: Group Products
- Lesson 1: Group Insurance
- Lesson 2: Group Life Insurance
- Lesson 3: Group Retirement Plans
| Remarks |
- LOMA281 is offered in English only
- Student must complete this course within 6 months after enrollment.
- Estimated study hours： 10-12 hours
| Relevant LOMA professional qualifications |
This course shall form part of the following professional qualifications:
- AIRC - Associate, Insurance Regulatory Compliance
- ACS - Associate, Customer Service
- ARA - Associate, Reinsurance Administration
- FLMI Level I Certificate
- Associate, Life Management Institute (ALMI)
- FLMI Fellow, Life Management Institute (FLMI)