Life Insurance Agent Market Conduct Regulations

Author: Dibeen Financial Services Company
Publisher:
Publish Date: 2005-09-01
Features: Market conduct compliance is a combination of ethics and various regulations. It refers to how insurance companies and agents regulate their behavior to meet ethical standards and comply with relevant laws and regulations concerning policy sales, underwriting, policy issuance, and services. The main purpose of this book is to identify and discuss market conduct compliance issues that often arise in this process and the methods to resolve these issues. Through this book, you can:
● Clearly understand the role and responsibilities of agents in the process of selling life insurance, especially the responsibilities for market conduct compliance;
● Learn how to introduce yourself to clients;
● Guide agents on how to recommend insurance products that meet client needs and how to introduce insurance products;
● Identify key points that need to be recorded during the sales and service process;
● Understand how appropriate sales methods and adherence to market conduct compliance can contribute to business success.