Business Life and Disability - NC

Insurance Continuing Education in North Carolina

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Your Price: $12.71

regular price: $14.95

5 credit hours

If purchased today, this course must be completed by:
December 31, 2022 (32 Days)

North Carolina requires an electronic affidavit for online self-study courses. For correspondence courses students must submit BOTH an electronic and also a signed paper affidavit.
Description

Business Life and Disability explores and discusses business types and characteristics as well as the application of Life and Disability insurances in the various business entities as an instrument for solving many of the complex issues that the business owners of all types face.

Business life insurance and disability insurance are generally applicable to the distinct composition of a particular business entity and how specifically has been structured such as a sole proprietorship, a partnership, a corporation, or a limited liability company. The type of business dictates how the company manages critical situations and solves human resource issues along with addressing what will and may happen to the business over time, to the investors, to the employees, and to the families of the employees in the event of death.

The purpose of this course is to introduce you to the world of "business insurance". Your course examines the problems and protection opportunities common to all basic business structures. It examines and compares the many various problems they encounter during their business cycles and business growth and development over time. You will be exposed to and benefit by discussions on a whole host of key elements in this area, including:

  • the business continuity options of each form of business
  • the different ownership structures of each business form
  • the advantages of using life insurance for funding agreements and benefits
  • the taxation of owners of each form of business
  • the advantages and disadvantages of various business structures existing today
  • the purpose for business continuation and succession planning
  • the role played by the use of life insurance and disability insurance.
  • the impact of tax considerations in business planning.
  • the strategies that protect and the business owner’s ability to obtain, retain, and strengthen relationships with key personnel.
  • the value of keeping businesses in a vibrant role of continuation through solutions that are beneficial to owners, employees and heirs

Exam Details

Need Proctor?Yes
Question Count:50
Passing Grade:70%
Attempts to Pass:Unlimited
Note: If you choose to request additional credit types while taking this course, the number of exam questions and proctor rules may change to meet those credits' requirements.

Course Details

Course Number:11599
Approved Title:Business Life and Disability
Approved Credits
5 credits in General
Provider:InsuranceStudy.com
Provider Number:13051
Topics Covered:Life and Health Insurance, Life Insurance, Health Insurance
Program Level:Intermediate

Rules for North Carolina Insurance Continuing Education

  • Course material may not be downloaded.
  • Exam is closed book.
  • Licensees will receive credits only once for a course completed in the licensee's current compliance period regardless of the number of times the same course is taken.
  • The state of North Carolina requires intermittent security checks to validate the individual taking the course is the individual also taking the final exam.
  • The state of North Carolina requires providers to restrict access to the final exam until a student has completed the course material in its entirety. As such we have put in place a Course Material Verification code which can be found on the last page of your course materials. This code will be required prior to accessing the final exam.
  • The state of North Carolina has placed a great emphasis on approving self-study/online courses for appropriate credit amounts. As such they now require that students spend the approved amount of time reviewing course material prior to accessing the final exam. In this state, a timer is in place on your course material that will restrict access to the final exam until all material has been reviewed for the approved credit hours.
  • The state of North Carolina charges an additional fee of $2.05 per credit hour.