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Certificate

FFSI Level I

Financial Services Fundamentals

Available in: Chinese (simplified), Chinese (traditional), English


Overview

LOMA's FFSI Level 1 Certificate provides need-to-know information about the financial services industry so employees quickly gain confidence, serve the customer effectively, and contribute to company success.


Topics

  • The Life and Health Insurance Industry
  • Regulation of the Insurance Industry
  • Introduction to Risk and Insurance
  • Meeting Needs for Life Insurance
  • The Insurance Policy
  • Pricing Life Insurance
  • Individual Life Coverages and Supplementary Benefits
  • Policy Provisions and Policy Ownership Rights
  • Life Insurance Policy Beneficiaries
  • Paying Life Insurance Policy Proceeds
  • Principles of Group Insurance
  • Group Life Insurance
  • Annuities and Individual Retirement Products
  • Group Pension and Retirement Savings Plans
  • Medical Expense and Disability Income Insurance
  • Traditional Group and Individual Health Policies
  • Managed Care Plans Regulation of Health Insurance
  • Insurance Company Organization and Operations
  • Corporate Governance, Ethics, and Control
  • Legal and Compliance
  • Human Resources Management
  • Information and Technology
  • Financial Management Accounting, Treasury Operations, and Auditing
  • Investment Management
  • Marketing Activities and Strategies
  • Product Development
  • Product Distribution
  • Underwriting and New Business Processing
  • Claim and Annuity Benefit Administration
  • Customer Service

Courses

Learners must complete two required courses to earn the FFSI Level 1 Certificate.

LOMA 286 — Principles of Financial Services and Products

The major categories of financial services — cash management, credit, asset protection, asset accumulation and management, and asset distribution — form the framework for LOMA 286, which surveys banking, insurance, and investment products.

LOMA 305 — Personal Financial Planning

LOMA 305 provides an understanding of the concepts, decision-making tools, and applications involved in personal financial planning.

Curriculum

Level I: Certificate
Required courses
Learners must complete both required courses
to earn the Certificate.
PrinciplesFinancial Planning
LOMA 286LOMA 305
Level I: LOMA awards a personalized certificate to learners upon successful completion of LOMA 286 and LOMA 305.

Course Credit Notes

  • LOMA 286 and LOMA 305 will be offered only until the end of 2014.

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