Introduction to Life Insurance

This course provides a comprehensive look at the many different types of life insurance coverages and their application to individual, family, and business needs. It covers term insurance and the many forms of permanent insurance and explains group life insurance in detail. It explores the many uses of life insurance, both personal and business. It explains the income and estate taxation of life insurance with respect to payout options, policy loans, premiums, withdrawals, dividends, cash surrenders, and qualified accelerated death benefits. It also explains how to compare the costs of life insurance policies.

The course includes the following chapters:  

  • Introduction to Life Insurance
  • Reasons for and Uses of Life Insurance
  • Individual Life Insurance
  • Group Life Insurance
  • Insurance and Taxation
  • Comparing and Selecting Life Insurance Policies
  • Concepts Affecting Insurer Liability