Utah Insurance Continuing Education

Provider: Quest Continuing Education Solutions Show Dual Credit Only
4 Hour Annuities Training Course (NAIC TC)
$5.00
Annuity: 4 Credits

This course is designed to provide the required information to meet your state annuity training course requirement. Consumer recommendations regarding the purchase or exchange of an annuity must be suitable and beneficial to that consumer, based on the consumer's suitability information. Suitability is determined by gathering information related to risk tolerance, financial liquidity and other factors that determine whether or not the annuity being recommended is suitable for the particular consumer. Agents may not dissuade a consumer from providing correct and complete information.

Training Topics

- Types of Annuities - The Parties to an Annuity - Annuity Contract Provisions - Interest Rates - Withdrawal/Surrender Waivers - Annuitization Options - Principal Guarantees - Indexing Crediting Strategies - Consumer Annuity Options - Tax Deferred Growth - Investing in Retirement Assets

Roster Fee:
$4.00
4 Hour Annuities Training Course (TC)
$14.95
Annuity: 4 Credits

This course is designed to provide the required information to meet your state annuity training course requirement. Consumer recommendations regarding the purchase or exchange of an annuity must be suitable and beneficial to that consumer, based on the consumer's suitability information. Suitability is determined by gathering information related to risk tolerance, financial liquidity and other factors that determine whether or not the annuity being recommended is suitable for the particular consumer. Agents may not dissuade a consumer from providing correct and complete information.

Training Topics

- Types of Annuities - The Parties to an Annuity - Annuity Contract Provisions - Interest Rates - Withdrawal/Surrender Waivers - Annuitization Options - Principal Guarantees - Indexing Crediting Strategies - Consumer Annuity Options - Tax Deferred Growth - Investing in Retirement Assets

Roster Fee:
$4.00
A Professionals Guide to Ethical Decision Making (TC)
$14.95
Ethics: 2 Credits

DOES NOT MEET THE CFP BOARD ETHICS REQUIREMENT. This course will provide an overview of the characteristics of ethics and professionalism. Topics included are the standards by which a professional should be judged and a study of ethics on its philosophical and compliance levels.

Training Topics

- Valuing Professionalism - Standards of Professional Conduct - Understanding Ethics - Compliance and Professionalism - Business Ethics

Roster Fee:
$2.00
Advanced Asset Allocation Strategies (TC)
$14.95
Life/Health: 3 Credits

Establishing an appropriate asset mix is a dynamic process and it plays a key role in determining a portfolio's overall risk and return. As such, a portfolio's asset mix should reflect the client's goals at any point in time. There are a few different strategies for establishing asset allocations. This course will review the key models and help the financial advisor develop an asset allocation strategy that is appropriate given the individual client's needs.

Training Topics

- Assessing Risk Tolerance - Strategic Asset Allocation - Tactical Asset Allocation - Core-Satellite Asset Allocation - Asset Allocation and Annuities - Retirement Asset Allocation - Asset Allocation and Life Insurance

Roster Fee:
$3.00
Annuities in Retirement Planning (CE)
$14.95
Life/Health: 1 Credit

This course is designed to provide an understanding of the roles and structures of different types of annuities, as well as important considerations when recommending an annuity: features, risks, benefits, costs, and suitability factors. This course also discusses important tax considerations including tax deferral and recharacterization of taxable income upon distribution, and the regulatory pitfalls of recommending annuities to fund other types of already tax-deferred investment vehicles including IRAs.

Training Topics

- The role an annuity could play in retirement income planning Roles and rights of three parties to annuity contract (owner, annuitant, and beneficiary) - Characteristics of an annuity including common riders and fees - Benefits of tax deferral with annuity products and potential recharacterization of taxable income upon distribution, from capital gains income to ordinary income - Pros and cons of placing annuities in a tax-deferred account, e.g. an IRA

Dual Credit

CFA
IMCA
Roster Fee:
$1.00
Annuities Today (TC)
$17.95
Life/Health: 6 Credits

The CE credits for this course do not apply toward 4 hour annuity training requirement. This course is designed to introduce Insurance professionals to the world of annuities. It looks at the development and distribution of the product. It differentiates between fixed and variable annuities, immediate and deferred annuities, and flexible and single-premium annuities. It also examines the marketing aspects of annuities and how insurers invest in this retirement vehicle; and finally, it examines current and past tax treatment of annuities. *This course is not Texas classroom equivalent.

Training Topics

- What are Annuities - How Annuities are Used - Taxation of Annuities - Tax Sheltered Annuities - Variable Annuities - Equity Indexed Annuities - Function and Uses of EIAs - Disadvantages of Annuities - The Financial Strengths of Insurers

Roster Fee:
$6.00
Anti-Money Laundering for Agents and Representatives: Overview, Detection and Prevention (TC)
$14.95
Life/Health: 1 Credit

This course is intended for producing agents and registered representatives, and is also suited for investment advisors, supervisors, or any financial service industry professional needing a basic understanding of industry rules regarding anti-money laundering, and how firms detect and prevent possible money laundering.

Training Topics

- Overview of Money Laundering - The stages of the money laundering process - Overview of Federal AML measures (BSA, USA PATRIOT Act) - FinCEN, OFAC and FATF - Agents' and brokers' responsibilities - Customer identity verification requirements - Recognizing Money Laundering Red Flags - Overview of Recent Penalties for AML Violations - Case studies relating to a producer's role in detecting and preventing money laundering in daily operations

Roster Fee:
$1.00
Anti-Money Laundering Regulations and the Red Flag Rule (TC)
$14.95
Life/Health: 3 Credits

The objective of this course is to raise the awareness of anti-money laundering regulations so agents have the knowledge to prevent and detect money laundering. This knowledge will help ensure you and your employer do not become involved in investigations or scandals that could harm your reputation or risk your client relationships. After completing this course, agents will be able to understand anti-money laundering regulations including Know Your Customer, recognize suspicious activities, and protect yourself from the consequences of being linked in any way to money laundering activities. (32 pages) * This course is not Texas classroom equivalent.

Training Topics

- History of Anti-Money Laundering Regulations - Understanding Anti-Money Laundering Regulations and your Responsibilities - Reporting Requirements - Case Studies

Roster Fee:
$3.00
Anti-Money Laundering: Customer Identification Programs, Red Flags, Everyday Scenarios and Enforcement Cases (TC)
$14.95
Life/Health: 1 Credit

This course provides a brief review of the basics of illegal money laundering and the legislative measures adopted to combat money laundering in the U.S. The course covers requirements for a firm's AML and CIP programs with emphasis on real-world context. The course also discusses red flags that every representative should be aware of in their day-to-day dealings with customers and prospective customers, and with accounts. The course concludes with examples of enforcement cases that reinforce the concepts covered in the text.

Training Topics

- Money laundering overview - Overview of BSA and AML programs - Overview of CIP programs - Red flags of possible money laundering - Enforcement cases

Roster Fee:
$1.00
Department of Labor Fiduciary/Conflicts of Interest Rule (TC)
$14.95
Life/Health: 1 Credit

This course was developed to introduce the Department of Labor Fiduciary Rule to eliminate conflicts of interest when recommending or giving retirement investment advice. There remains an industry-wide media frenzy that is likely to continue through the compliance dates of April 7, 2017 and January 1, 2018. This course explains the fiduciary duty as it stands and what is required of those who sell products for, or provide advice on retirement investing.

Training Topics

- Fiduciary explained - Conflicts of Interest - Compliance - Litigation - Education - Suitability - Exemptions to the rule - Robo-Advisors - Discipline anticipated

Roster Fee:
$1.00
Disability Insurance (TC60)
$14.95
Life/Health: 4 Credits

Disability insurance insured incomes in the event a wage earner is unable to work due to an illness or injury that occurs outside of the work environment. This course takes an active view of the various types of disability insurance coverages available, by using real life scenarios, examples and case studies. Employees with eligible disabilities may require the use of short-term, long-term or Social Security Disability benefits or a combination of these options. Business disability policies are covered to ensure a comprehensive look at everything from coverage options to disability fraud by the less obvious.

Training Topics

- Types of Disabilities - Salary Continuation - Short-Term Disability - Long-Term Disability - Social Security Disability - Coordination of Benefits: Setoffs - Disability for Business Owners - Fraud

Roster Fee:
$4.00
Estate Planning (TC)
$14.95
Life/Health: 4 Credits

Estate planning is the process in which consideration is given to accumulating and allocating income and assets for the purpose of creating a better quality of life for an individual and others during life and after death. To achieve the goals sought by estate planning, the accumulation and retention of income and assets must be accomplished by avoiding the severe impact of income, estate and gift taxes, as well as ensuring the disposition of assets at death. This course will provide you an understanding of the key components of estate planning to allow you to create the appropriate financial plan for your client.

Training Topics

- Value of Estate Planning - The Estate Planning Process - Property Transfers Upon Death - Estate Planning Documents Types of Trust Used in Estate Planning - Estate and Gift Tax Basics Life Insurance and the Estate Plan

Roster Fee:
$4.00
Ethical Considerations for Life and Death (CE102)
$34.45
Life/Health: 9 Credits
Ethics: 3 Credits

On completing this course, producers will understand the importance of integrating insurance products into the lives of clients and helping them with investing as part of their financial strategy, planning, and preparation for their futures. Agents will see how personal and professional ethics and ethical practices help agents reach their goals with integrity, as well as review continuing education requirements, new federal laws, and Acts introduced, which influence the insurance industry. Producers will learn the standards and requirements they are to uphold and how to successfully implement these standards and requirements when dealing with clients and insurance companies. This course will allow producers to create a personal and professional code of ethics they can follow in every aspect of their personal and professional business.

Roster Fee:
$12.00
Ethically Planning for Life and Death (Classroom Equivalent TC)
$34.45
Life/Health: 10 Credits
Ethics: 2 Credits

This course meets the Utah Classroom Equivalent requirement. On completing this course, producers will understand the importance integrating insurance products into the lives of clients and helping them with investing as part of their financial strategy, planning, and preparation for their futures. Agents will see how personal and professional ethics and ethical practices help agents reach their goals with integrity, as well as review continuing education requirements, new state laws, new federal laws and Acts introduced, which influence the insurance industry. Producers will learn the standards and requirements they are to uphold and how to successfully implement these standards and requirements when dealing with clients and insurance companies. This course will allow producers to create a personal and professional code of ethics they can follow in every aspect of their personal and professional business.

Roster Fee:
$12.00
Income Planning for Heirs: Annuity Contract Structure (TC)
$14.95
Life/Health: 5 Credits

By taking a look at the roles and rights of the three parties (owner, annuitant and beneficiary) along with some of the major variations found in different annuity contracts, this course covers many important aspects of income planning for heirs. It will also help the financial advisor to better understand the various outcomes of the available annuity contracts and recognize the disposition and tax consequences of each scenario. * This course is not Texas classroom equivalent.

Training Topics

- Owner - Annuitant - Beneficiary - Death Benefit - Understanding the Contract - The Income Phase of an Annuity - Fixed Payments - Taxation of Income Payments - Stretch IRA Technique

Roster Fee:
$5.00
Income Planning for Retirement (TC)
$14.95
Life/Health: 4 Credits

The objective of this course is to provide an understanding of the need for planning for retirement income needs as a part of the financial planning process. The topics covered include the need for planning, asset allocation, annuitization, and payout options available. The course concludes with an enumeration of the steps that need to be taken to plan for retirement income, including a detailed case study.

Training Topics

- Current Market Statistics - Money for Retirement - Future Income Needs - The Time Value of Money - Risk Tolerance - Types of Risk - Measuring Risk - Erosion of Purchasing Power - Tax Traps - Choosing a Type of Payout - Asset Allocation

Roster Fee:
$4.00
Introduction to Individual Retirement Accounts (CE)
$14.95
Life/Health: 1 Credit

This course provides an overview of individual retirement accounts including traditional and Roth IRAs, eligibility, funding, distribution, and taxation. It also discusses RIA rollovers from qualified plans, and the DOL's new rule to expand the definition of a fiduciary to those who recommend such rollovers or otherwise work with IRA clients.

Training Topics

- Overview of IRAs - Types of IRAs - Contributions - eligibility and tax considerations - Taxation of Distributions - traditional vs. Roth, premature, RMDs, inherited IRAs, etc. - Roth conversions - Qualified plan rollovers to IRAs - Rollover suitability - Department of Labor (DoL) Fiduciary Rule

Dual Credit

IMCA
Roster Fee:
$1.00
Life Settlements (TC)
$14.95
Life/Health: 1 Credit

At the completion of this course agents will understand the concept of a life settlement and the potential benefits they may offer to certain clients.

Training Topics

- What is a Life Settlement - Reasons for a Life Settlement - Tax Implications - Regulatory Environment - NAIC Model Regulation

Roster Fee:
$1.00
Long Term Care Partnership 4 Hour Refresher Course (TC)
$14.95
LTCP: 4 Credits

The agents and brokers who take this course can make a real difference in the lives of countless persons by helping them to understand the need for long-term care, the costs involved and the methods with which to finance it. However, long-term care insurance isn't for everyone. Part of what you will learn from this course is who should and who should not purchase a policy, and if they should, which of the myriad of choices available are best suited to each individual client.

Training Topics

- Long-Term Care Basics - Who Needs Care and Why - Home and Community Care - LTC Services and Facilities Formal Care - The Cost of Long-Term Care - Policy Provisions, Requirements, and Terminology - Home Care Only - Benefits - Inflation Protection, Claims and Care Management - Customer Protection and Suitability Standards - Suitability - Long-Term Care Legislation - Financial Alternatives

Roster Fee:
$4.00
Long Term Care Partnership 8 Hour Training Course (TC)
$23.45
LTCP: 8 Credits

This course was developed to meet the requirements of an 8-hour study on Long-Term Care insurance (LTCI) and Long-Term Care Partnerships (LTCPs). Most of these introductory courses are state-specific; however, federal requirements, state statutes, and the recommendations of the National Association of Insurance Commission (NAIC), have deemed 8-hour courses necessary to properly prepare to sell long-term care products - whether individually, as part of a strategic plan, or with an annuity or annuity rider. NM Agents: This course is available for Life/Health/Variable credit only.

Roster Fee:
$8.00
Planning for Senior Needs (TC)
$14.95
Life/Health: 5 Credits

A recent report by Nielsen in collaboration with BoomAgers, shows that in five years, 50% of the U.S. population will be 50+. This unprecedented growth in the US senior population will come at an expense. The purpose of senior needs planning is to identify and fund a specific and comfortable amount of net annual retirement income. This course is designed to help financial professionals understand the various risks and challenges today's retirees face and teach them how to develop a plan for their clients so they may sustain their lifestyles throughout retirement.

Training Topics

- Retirement Income Needs - Minding the Gap - Reverse Mortgage - Inflation - Annuity Payout Options - Paying Current Tax on Your Lump-Sum Payment - Questions about Distributions - Tax on Early Distributions from Retirement Plans, other than IRAs - Settlement Options, Annuities - Premiums - Social Security - Healthcare Needs - Legal Protection

Roster Fee:
$5.00
Property & Casualty Essentials (TC)
$14.95
Ethics: 1 Credit
Property/Casualty: 4 Credits

This course was developed to meet the continuing education requirements of insurance professionals who need a basic understanding of property and casualty (P&C) insurance and the coverage that P&C includes (eg, homeowners, workers' compensation, auto insurance).

Training Topics

- Ethics - Policies - Endorsements - Exclusions - Perils - Contracts - Conditions - Inclusions - Protections - Terminology - Benefits - Risks

Roster Fee:
$5.00
Property & Casualty Insurance Fraud and Red Flags (CE)
$17.95
Life/Health: 6 Credits

The topic of this course applies to everyone in the insurance industry. Whether in personal, commercial or wholesale insurance, claims or underwriting, adjusting or producing, everyone is affected by insurance fraud. Inevitably, successful, undetected scams translate into higher premiums for even the most honest customers. To keep what we can at bay, those working in the industry need to be educated in detecting, recognizing and preventing insurance fraud. As sophisticated as insurance fraud prevention methods can be, criminals can become just as sophisticated in their methods of defrauding that system. This course reviews red flags that show themselves in various property and casualty markets. From the garden variety fraud we've all read or heard about (like padding a claim), to more deviant, thought-out frauds that can ruin innocent, unsuspecting people, red flags are often there for the trained eye to see.

Training Topics

- Auto Insurance Fraud and Red Flags - Homeowners Insurance Fraud and Red Flags - Flood Insurance Fraud and Red Flags - Business Owners Insurance Fraud Flags - Real Case Scenarios - State Fraud Bureaus - Red Flags of Insider Fraud

Roster Fee:
$6.00
Retirement Planning and Annuities (TC)
$23.45
Life/Health: 8 Credits

Planning for Retirement can involve multitudes of subjects. The more people are educated on the value of annuities, the more they will want this product. One of the last things on young couples' minds is retirement planning. Couples may think about who would care for their children if they died. They may have had a will drawn up to protect their property for their heirs. Providing an income for their retirement, however, seems to be the last to be planned. The earlier a young couple plans for their retirement, the more their retirement will be free from financial anxieties. * This course is not Texas classroom equivalent.

Training Topics

- Annuities - Annuity Types Identified According to Policy Owners - Annuity Types Identified According to Policy Owners Risk - Who Would a Policyholder Want to Annuitize - Annuity Management Annuity Advantages and Disadvantages - Pension Plans - Long Term Care Insurance - Suitability and Marketing Practices

Roster Fee:
$8.00
Senior Needs Planning (CE)
$14.95
Life/Health: 1 Credit

Today's retirees are more active and have longer life expectancies than ever. It is not uncommon for retirement to last 20 or even 30 years, and during that time, today's retirees are likely to continue to travel, entertain, and otherwise continue to live and consume, as they have become accustomed. This trend is only expected to continue as younger Baby Boomers enter retirement, and in the not so distant future, Gen Xers approach retirement as well. Given these trends, planning for senior needs is more important than ever.

Dual Credit

CFA
IMCA
Roster Fee:
$1.00
Structure and Suitability of Equity Indexed Annuities (TC)
$14.95
Life/Health: 1 Credit

This course is intended for annuity licensed registered representatives who may recommend annuity products, and the registered principals who supervise them.

Training Topics

- Introduction - What is an Equity Indexed Annuity? - How Interest is Credited to the EIA - The Role of Indexed Annuities in Retirement Planning - EIA Suitability Considerations

Roster Fee:
$1.00
The Truth About Variable Annuities (TC)
$17.95
Life/Health: 6 Credits

An in-depth look at the structure of variable annuities and a balanced discussion of the common media comments surrounding them such as "too expensive", "death benefit not useful", "not suitable for IRAs and qualified plans" and "no tax advantages over mutual funds." In addition, this course describes the structure of variable annuities and gives additional retirement planning uses for variable annuities such as decreasing the impact of the Social Security benefit tax and utilizing variable annuities in charitable remainder trusts and NIMCRUTS.

Training Topics

- What is a Variable Annuity - Features of Variable Annuities - What is a Mutual Fund - Common Elements of Both Variable Annuities and Mutual Funds - Variable Annuity Fees - Investor Retirement Planning Needs

Roster Fee:
$6.00
Understanding IRAs - UT (TC)
$34.45
Life/Health: 12 Credits

As an investment professional, Individual Retirement Accounts (IRAs) are a natural place to start helping your clients with retirement planning. The IRA is a powerful tool to help clients retire in dignity. What is the difference between Traditional and Roth IRAs? How can the Stretch IRA help with estate planning? This series gives you a better understanding of Traditional and Roth IRAs and some of the decisions your clients may face in planning for retirement.

Training Topics

- The Genesis of Individual Retirement Accounts - The Penalty Period up to Age 59 1/2 - Planning Period 59 1/2 to 70 1/2 - The Retirement Period - 70 1/2 Until Death - IRA Beneficiaries - Multi-Generational IRA - Trusts - Annuitizing - The US Treasury Law on Distributions - IRAs

Roster Fee:
$12.00
Understanding the Types of Annuities (TC)
$14.95
Life/Health: 1 Credit

This course is intended for registered representatives involved in the recommendation, sale and/or servicing of annuity products, and for supervisors of such representatives. This course discusses types of annuities, their benefits and risks, suitability considerations, and the importance of understanding ownership structures.

Training Topics

- What is an annuity - Types of annuities: fixed/variable/indexed; immediate/deferred; single premium/multiple premium; fixed payout/lifetime payout - Why annuities are used to retirement planning - Parties to the annuity contract and the importance of ownership structure in financial planning - Risks of annuities, and the importance of determining customer suitability

Roster Fee:
$1.00