Insurance CE >> Tennessee >> Life / Health

AML: Understanding the Rules for Insurance Producers and Employees

Course Details

hours
2.0
price
$9.95

Delivery Method: 

Self-Study

PDF Download: 

Available

Provider of Record: 

WebCE

Provider Number: 

89821

Multimedia: 

Full Audio

Exam Requirements

Proctor Required: 

No

Passing Grade: 

70%

Retakes: 

Unlimited

Approval Entity

This interactive, audio-based course provides a thorough study of anti-money laundering rules and requirements for insurance companies, insurance producers, and insurance employees. 

The course covers the following topics: 
  • AML Background and Basics 
  • Regulatory Basis for Anti-Money Laundering 
  • AML Rules for Insurance Companies 
  • SAR Rules and Requirements
  • AML Red Flags 
This is an intermediate level course. Upon completion, students will be able to: 
  • Define money laundering and describe the phases of the money laundering process 
  • Explain how insurance products can be used for money laundering
  • Describe the basic elements of an insurance company AML program and suspicious activity reporting requirements
  • Identify and describe suspicious activity red flags and transactions 
  • Demonstrate an understanding of a producer’s personal responsibilities with respect to a company’s AML program

Exam Proctor Requirements: Exams are open-book and do not require a monitor.