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This course provides an introduction to the income taxation of life insurance products and annuities. Producers selling Long-Term Care insurance must receive at least 4 hours of CE by taking a LTC every two years. Learn about the industry, marketing, applications, underwriting, group policies, common, required and optional policy provisions, social health insurance, and taxation. All rights reserved. Click the '+ More Details' to read more details about each class. Total Access CE - Life & Healthgrants you access to Kaplans entire online library of insurance continuing education courses, allowing you to complete unlimited CE credits. State Requirements Customer Reviews Need Insurance Continuing Education Credits? Need Agent's license number or NPN to report. Understand the financial concerns facing your retired clients. Courses approved under the Property and Casualty course category will apply towards an adjuster's requirements. This course, which covers required LTC Partnership and Medicaid training, fulfills the four-hour ongoing training requirement for sellers of LTC insurance policies. Once you have completed your course, ExamFX will issue a certificate of completion which you may download and print from your online ExamFX account. $299 Enroll now XCEL's 3-Part Training Program Pre-licensing Course: An online self-study course that provides the foundational information and satisfies any applicable state requirements Prep Review Course: Scales down content to focus solely on the most important material with weighted chapters identical to the state exam Exam Simulators: National Human Trafficking Hotline - 24/7 Confidential. It covers succession planning (buy-sell agreements, Section 303 redemption, and key employee insurance), as well as several insurance products for advanced markets (group insurance, executive bonus, split-dollar plans, qualified retirement plans, and more). Assets are commonly taken via forms of deception, false pretenses, coercion, harassment, duress and threats. using an irrevocable life insurance trust (ILIT) to pay estate settlement costs, and the value of paying life insurance premiums through annual gifts to an ILIT. Maryland resident licensees must complete their CE requirements every two years by license expiration date. We include a special focus on those newer hybrid products. The course also covers Medicaid and Medicare. The following statement is not applicable unless you are a Minnesota-resident producer:This course has been approved by the Minnesota Commissioner of Commerce for 8 hours of insurance continuing education (Applies to MN insurance CE courses only; statement required by MN DOC). Total Access CE includes: 365 days of unlimited access Immediate results with instant exam scoring Unlimited exam retakes An interactive CE tracking system Printable certificate CE submission to Maryland (state reporting fees apply) What does Maryland require from its producers? The money laundering process is described, with emphasis on the insurance industry's most vulnerable points. Show Insurance Continuing Education Items, Master of Science in Financial Analysis (MSFA), http://www.mdinsurance.state.md.us/Pages/default.aspx. Visit the state requirements page to learn about course repetition, state reporting fees, renewal period details, and much more. This course addresses the basics of needs-based consultative selling. This course discusses the key aspects of the FINRA Know Your Customer rule. This course introduces agents and representatives to the concept of money laundering, reviews the history of anti-money laundering legislation and focuses on the importance of suspicious activities and Suspicious Activities Reports (SARs). It focuses on the proper use and application of term, whole life, and universal life, how these products work, as well as the situations and needs they best serve. Historically the two most important reasons are the employers need to compete in the marketplace for desirable workers and workers needs and desires to raise their living standards. Realizing that agents and representatives are on the front lines dealing directly with customers, the course specifically focuses on the ""red flag"" behavior of customers that indicate unusual behavior and that may indicate suspicious activities. Additionally, this course reviews the features of a variable annuity and supervisory responsibilities in regards to variable annuities. hotline in the past has helped to eliminate Who does it impact? Learn how health savings accounts (HSAs) differ from other healthcare reimbursement arrangements. Three (3) of those hours must be in the category of ethics. State Requirements Maryland / Non-Resident Licensing / Individual Search Again Apply Now + Fees + Lines of Authority + Rules and Requirements Contact Information Mailing Address Maryland Insurance Administration Attention: Producer Licensing Unit 200 St. Paul Place, Suite 2700 Baltimore, MD 21202 United States Phone: (888) 204-6198 Learn when to tap different asset categories and how taxable funds differ from tax-free and tax-deferred funds. This course has been approved by the Minnesota Commissioner of Commerce for 7 hours of insurance continuing education (Applies to MN insurance CE courses only; statement required by MN DOC). This comprehensive book covers deposit accounts, insurance, annuities, securities, mutual funds, and qualified retirement plans. licensing - Maryland Insurance Administration It introduces the Bank Security Act, the Money Laundering Control Act, the Money Laundering Suppression Act, and the USA PATRIOT Act. Maryland Insurance License Exam | StateRequirement Satisfactory completion of a 20-hour study Complete a Maryland Life Insurance License Application ( National Insurance Producer Registry (NIPR) - $54 application fee + $5.60 transaction fee) Watch for Your Application Results Steps to Get a Maryland Life Insurance License Obtaining your Maryland life insurance license isn't difficult. Baltimore, MD 21202, Auto or Homeowners Insurance Complaint Line: 410-468-2340 or 800-492-6116, Life and Health Insurance Complaints Line : 410-468-2244 or 800-492-6116, Maryland Crisis Line for Substance Use Disorders 1-800-422-0009. Maryland / Resident Licensing / Individual | NIPR The following statement is not applicable unless you are a Minnesota-resident producer:This course has been approved by the Minnesota Commissioner of Commerce for 12 hours of insurance continuing education (Applies to MN insurance CE courses only; statement required by MN DOC). Report within 10 days of completion. All property/casualty producers who sell flood insurance must complete at least 2 hours in flood insurance each renewal period. Please note, you will receive CE credit hours for this course awarded by the Department of Insurance in the state you've selected. The growth in popularity of indexed insurance products, specifically fixed indexed annuities and fixed indexed life insurance policies, has been dramatic. Why should you care? 1. Maryland Insurance Exam Prep Requirements This course describes the need for long-term care, the types of long-term care, and the options for paying for that care. Follow these main steps if you are interested in obtaining an insurance license. HOW DO I GET MY LICENSE? This course covers the Medicare program, including Medicare Part A (Hospital Insurance), Medicare Part B (Medical Insurance), Medicare Part C (Medicare Advantage Plans, like HMOs or PPOs), and Medicare Part D (Medicare Prescription Drug Coverage). The rules for tax-free distributions, treatment of other distributions and other rules are also covered. You need a score of 70% or higher in order to pass your insurance license exam (s) in Maryland. Click 'Clear filters' to clear all the filters you have selected and show all class options. The lines of authority requiring a pre-licensing course are as follows: Life - 20 hours; Health and Accident - 20 hour . What to do about it? Traditional IRAs, Roth IRAs, education IRAs, and medical savings accounts are the subject of this course. A licensed insurance producer who, as of October 1, 2008, has held a license for 25 or more consecutive years shall successfully complete 8 hours of continuing education in each renewal period in order to renew the license. Maryland Insurance License Requirements And Exam Prep Materials . Please note, you will receive CE credit hours for this course awarded by the Department of Insurance in the state you've selected. Please note, you will receive CE credit hours for this course awarded by the Department of Insurance in the state you've selected. The requirements for a formal program are given, including requirements related to the adoption of policies, procedures, and internal controls. The following statement is not applicable unless you are a Minnesota-resident producer:This course has been approved by the Minnesota Commissioner of Commerce for 5 hours of insurance continuing education (Applies to MN insurance CE courses only; statement required by MN DOC). Be a resident of Maryland. This course outlines the broad parameters of a life insurance producer's ethical responsibilities. Please note, you will receive CE credit hours for this course awarded by the Department of Insurance in the state you've selected. Maryland / Non-Resident Renewal / Individual | NIPR Step 1: Complete a prelicensing course that has been approved by the Department of Insurance. The course begins with the concepts of annuities, then reviews types of annuities compares them with other financial vehicles and reviews the income tax rules for annuities. This course provides a comprehensive look at the life insurance industry. Ethics at Work emphasizes the importance of ethical conduct and professionalism in the property and casualty industry.

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