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LOMA 280 Principles of Insurance 

  • Offered byLOMA

LOMA 280 Principles of Insurance
 at 
LOMA 
Overview

Unlocking the World of Insurance: LOMA 280 Course – A Comprehensive Guide to Insurance Fundamentals and Professional Development.

Duration

16 hours

Mode of learning

Online

Official Website

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Credential

Certificate

LOMA 280 Principles of Insurance
 at 
LOMA 
Highlights

  • Comprehensive Insurance Education: LOMA 280 offers a thorough exploration of insurance principles and concepts.
  • Online Flexibility: Access the course online, allowing for convenient, self-paced learning.
  • Industry Expertise: Learn from industry professionals and experts in the field.
  • Suitable for All Levels: Designed for both newcomers and experienced professionals seeking to enhance their insurance knowledge.
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LOMA 280 Principles of Insurance
 at 
LOMA 
Course details

What are the course deliverables?
  • Analyze the financial services sector and explore the organization and regulation of insurance entities, both at state and federal levels.
  • Define key insurance terms and concepts, including insurable risk, insurable interest, and mortality tables.
  • Differentiate various insurance contract types, from formal to informal, and understand their legal implications.
  • Grasp the product development process drivers, encompassing mortality, premium rates, and policy types.
  • Explain additional aspects of life insurance policies, such as grace periods, exclusions, dividends, and ownership transfer options.
More about this course
  • LOMA 280 introduces the principles of insurance, the process of becoming insured, and the policyowner’s contractual rights.
  • The course includes information on the features of individual and group life insurance, health insurance, and annuity products

LOMA 280 Principles of Insurance
 at 
LOMA 
Curriculum

Introduction to Risk and Insurance

The Life and Health Insurance Industry and Its Regulation

Life Insurance Policies as Contracts

Financial Design of Life Insurance Products

Meeting Customer Needs

Term Life Insurance

Cash Value Life Insurance

Supplemental Benefits

Individual Life Insurance Policy Provisions

Life Insurance Policy Ownership Rights

Annuities

Principles of Group Insurance

Group Life Insurance

Group Retirement Plans

Health Insurance Overview

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LOMA 280 Principles of Insurance
 at 
LOMA 

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