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15-Minute Insurance Industry Overview

Course Type: Short Online Course
Topics: Onboarding
Language: English



Overview

This course will start new employees off right by helping them understand the importance of insurance companies in providing financial protection and security for individuals and families. Learners will also discover how their companies fit within the larger financial services industry, and explore various types of financial services products, with a focus on life insurance.

Time to complete: 15 minutes (in case the title didn't give this away!)


Topics

  • Types of organizations that make up the financial services industry
  • Two ways to categorize insurers
  • The purpose of life insurance, health insurance, and annuities
  • The government’s role in the financial services industry
  • The importance of compliance activities

Course Format

The “15-Minute Insurance Industry Overview” is one of many LOMA short online courses that can be completed in an hour or less. This course is included in two of LOMA’s short online course collections: The Sales Support Collection: For Home Office Employees and The Sales Support Collection: For Field Office Employees. Other course collections address life insurance, annuities, and customer service.

Each collection contains four to six short online courses on related topics. They provide an excellent way to get new employees up to speed quickly, educate employees new to an area, and refresh the knowledge of seasoned employees.