LOMA 26 July 2019 - 26 June 2019
This short, game-show-themed LOMA course introduces the key stages in the life cycle of an insurance policy—from initial planning and product development, through policy application and underwriting, and finally, through policyowner service and claim administration. After completing this 30-minute course, learners will see how each major operational area helps shape the insurance product and customers’ perception of its value. Key topics include (a) the importance of market segmentation; (b) key activities that occur when a new product is developed; (c) the three primary distribution systems insurers use; (d) how life insurance underwriters classify the risk a proposed insured represents; (e) key customer service actions that help conserve in-force life insurance policies; and (f) how claims on life insurance policies are processed and paid.
This “start-to-finish” presentation is ideal for all new employees because it presents a ‘big picture’ view of the various stages of the activities in a life insurance operation and how various operations align to support insurance policies throughout their lifecycle.
The course is online and can be accessed both from computer and mobile devices.
Employees of companies from the insurance and financial services industry.
View a demo of this course
The displayed period is indicative, being online the course is available at any time.
The course can be completed within 6 months of enrollment.
The necessary investement for this course is of 60 USD+VAT/participant.
The participation fee may be subject to changes based on LOMA policy.