Licensing & Contracting Certification
Be an Industry Leader
Finseca’s certifications are meeting a need in the financial services industry for consistent training and continuing education for the brokerage community.
Contact us before you register at learning@finseca.org, to make sure we apply member partner discounts.
Licensing & Contracting Certification
This course is designed to train and develop individuals in the licensing and contracting aspects of life insurance sales. It delves into the crucial aspects of Contracting, Licensing, Appointments, and Commissions, emphasizing their role in the sale and processing of life insurance policies. Developed through a life insurance lens, the program consists of 10 online learning modules accompanied by mastery quizzes.
Certification Pricing
$595 – Member
$795 – Partner
$995 – Non Member
Non-Finseca Members
- Begin by creating an account in the Finseca Learning Center. Then come back to purchase the course below!
- Once you’ve created an account you can then, Purchase the course from our Store Front.
- The first course in the series will be added to your Dashboard.
Finseca Members
- Begin by Logging in at MyFinseca.org. Once you’re signed in you can Purchase the course from our Store Front.
- The first course in the series will be added to your Dashboard.
Explore Individual Modules
Introduction to Licensing Contracting
This session focuses on the role for Licensing and Contracting within a Brokerage General Agency (BGA) but also has applicability for those individuals who are responsible for licensing and contracting at an insurance carrier.
State Licensing
Prior to engaging with clients on insurance coverage, advisors must obtain an insurance license. This session will delve into the requirements for state licensing and product-specific licenses.
Carrier Contracting
Carrier contracts serve as an agreement between a carrier, the advising individual/firm, and the brokerage/GA. In this session, we will discuss the essential steps and documentation required for processing carrier contracts.
Carrier Appointments
After establishing a carrier contract, the subsequent step involves setting up an appointment within the state where new business is being written. This session will delve into more detail about this process.
Comissions
There are various ways in which advisors can earn commissions on their products. This session offers an in-depth examination of these processes.
Additional Product Line Offerings
It’s crucial to acknowledge that most BGAs also provide access to additional products such as Disability, Annuities, Traditional Long-Term Care, hybrid Life/LTC, and variable life. This session provides a more in-depth exploration of these components.
New York Reg 187
New York Reg 187 delineates the state’s standards for best practices in annuity and life insurance sales. This session comprehensively explores sales practices, including suitability and best interest, as well as the crucial aspects of disclosure and documentation in alignment with Reg 187.
Technology & Online Resources
There are numerous online resources available for licensing, contracting, and training. This session will delve into an exploration of the resources relevant to contracting, training, and licensing.
Miscellaneous Items
This session addresses various miscellaneous tasks and items that you may encounter during the processing of licenses and contracts.
Best Practices
This role involves numerous intricacies and complexities. This session aims to centralize those aspects and empower you to thrive in your role when working with licensing and contracting.
What's Next?
The NAILBA Community is partnering with the Finseca Learning Team to provide you with new professional development designed exclusively for case managers. Topics will include Licensing, Underwriting, and Case Design. Stay tuned for more NAILBA certification!
Who is getting certified?
- 3mark
- AgencyOne
- Ash Brokerage
- Brokers Clearing House
- BUI
- Diversified Brokerage Services, Inc.
- Pinney Insurance
- Simplicity Group
- The Cason Group
- Vanbridge
