The Florida Chief Financial Officer
4-Hour Law & Ethics Update – 2023
| AUTHORIZED Continuing Education Course
By: Jason L. Perez
Department Authorized Insurance Education Provider
⭐️⭐️⭐️⭐️⭐️ | The Insurance School .com
| iPower Moves Podcast – Law Episode 1
Insurance Law Episode 1.3
| Law & Ethics Roadmap
By: Jason L. Perez
Department Authorized Insurance Education Provider
⭐️⭐️⭐️⭐️⭐️ | The Insurance School .com
| iPower Moves Podcast – Law Episode 1
Main Topics.
1. [iP.1] This is HOW you Obtain and Maintain an Insurance License in Florida.
a. What is conducting the Business of Insurance?
i. Why do Insurance Agents need to be licensed?
1. Agent Contact Information,
a. Eligibility & Cost
b. Licensing Requirements
b. How do I Transfer my Florida Insurance License to another state?
2. Continuing Education (CE)
3. NEW LAW UPDATES!
4. Why do LICENSED Insurance Agents NEED to be Appointed by an insurer before the DFS will Authorize them to sell policies?
a. [Renew] How much do Insurer Appointments cost?
i. WHY would an insurer TERMINATE an Agent or Agency Appointment?
*| Do you know WHY, old-busted textbooks use ugly language like “Chapters”, “Units” and other dry word salad descriptors to compartmentalize main topics?
BECAUSE…
| They DO NOT LOVE YOU – Like we do.
We created this 2023 Law & Professional Ethics course is in multiple formats. Which version floats your boat? Maybe, you ABSOLUTELY HATE reading textbooks. Ok, listen to our DFS Authorized Instructors throw down on the #iPowerMoves Podcast.
If you’d prefer to watch the next Episode…
NO PROBLEM!
Our Podcast and Videos sync with our written versions.
Listen or watch our instructors LIVE or, On-Demand. Memorizing textbooks is so 2020. Learning from insurance industry related stories worth re-telling is how *The Insurance School .com makes Continuing Education so EASY!
Now, huddle around this CE campfire.
We’re about to dive into this course after these messages from iFlash4u (.com).
SMASH the like button and LEAVE A COMMENT! How can we collaborate if you fly through our content & leave no traces like a ninja?
| iPower Moves Podcast: 2023 Law.
All our Episodes are hosted by a Department of Financial Services AUTHORIZED Instructors, like ME! [Insert smile face emoji here] These matters to YOU because, regardless of the class version you prefer, they’ll ALL DFS Authorized.
| Does it seem like I’m trying to get you to notice the word AUTHORIZED?
From fresh out of Pre-Licensing rookies, to the veteran agents who “remember when”. None of us can avoid taking this Four–hour Insurance Law and Professional Ethics course every #24 months. Even with me being the author of this course, I’m not excused. The DFS requires me to complete my continuing education with an insurance school I’m not affiliated with.
| Nobody gets special treatment around here.
Apparently, the last round of CE classes I read had an unforeseen negative effect on my psyche. It seems these last classes were so incredibly BORING; I developed a severe case of Bibliophobia – The fear of BOOKS.
That’s not true.
*Check out our Podcast and Videos anyway.
Can you identify at LEAST FIVE (5) test worthy topics we’ve touched on? If not – No worries, you’ll run into them on the End of Episode quiz. To make sure the rest of these keywords and concepts jump out and bite you in the face, let’s identify what our tested topics look like.
[K, (3.3.2.1) p. 41], [g. 562]
| AUTHORITY & AUTHORIZED
*Green means it’s a test question answer.
PINKY PROMISE – You’re going to be asked AT LEAST two (2) question about the Agent Authorization process on the CE Final Exam. This same exact content is also used in our Pre-Licensing courses. You shouldn’t listen to people who say you’ll never use pre-licensing again.
Everything about this REQUIRED CE Course is a Pre-Licensing review.
The fact we’re REQUIRED to review basic insurance laws EVERY Two Years tells you how important the CFO thinks these topics are. Do you think I want to use the word *Authority and *AUTHORIZED constantly? Nope but, the “Authorization” is the core insurance consumer protections.
Insurance Agent Licensing and the Insurer Appointment Process is how Florida regulators maintain professional industry standards. People who circumvent industry standards DO NOT have the best interest of their client in mind. Agents are expected to be Trusted Liaisons. Unauthorized entities are IMPOSTORS.
Let’s talk about these Un-Authorized Industry Terrorist.
Un-Authorized Entities
IF someone calls you a bad name – “Sticks and Stones”. If, someone calls you an Un-Authorized Entity – Either turn yourself in or RUN because, you now have a 3rd Degree FELONY on your Record.
Conducting the business of insurance goes When a person simply participates in the marketing and sale of an insurance product WITHOUT proper *Authorization from the DFS, they’re committing a crime.
Un-Authorized Entity Violation is a 3rd Degree Felony.
* To receive AUTHORIZATION from the DFS to sell policies, you MUST have a valid Florida Insurance License & active Insurer Appointment(s).
[K, (2.1) p. 16] Types, Insurer [Kg. 568]
| Continuing Education (CE)
If insurance Pre-Licensing is responsible for teaching basic industry standards, Continuing Education is like advance product training – Except for this law class.
A few words ago when we 1st touched CE in the opening moments, I mentioned NEW Agents needing to complete 24 hours of Continuing Education every two years. When an agent’s been licensed for over 6–years, only 20 hours of CE.
First three CE Compliance Periods = 24-Hours of CE.
4th Compliance Period = 20-Hours of CE.
#Hashtags
| Compliments of #iFlash42
Yup, we’re going to discuss the number sign that identifies as a Hashtag. They’re easy to miss if you’re skimming our text in a hurry since we placed them into the text as #Superscripts. Bookmarks1 appears after the word. They typically elaborate on keywords and concept or identify references. Our #hashtags are in front of the word.
They don’t provide additional clarity like a bookmark. They just make tested topics EASY to Search. You may already know this stuff but, I have you trapped so… here’s the rundown.
(1). PDF correspondence courses are in a web format,
– www.2023Law.TheInsuranceSchool.com
(2). For you Audiobook lovers – The “iPower Moves Podcast” Episodes reflect our blog series and complement our live class segment.
(3). The only people who can’t use this next shortcut are the ones who choose the stone NAIFA State Manual tablets.
– For normal non-Apple computer, hold the Control button & hit the “F-Key”
– If you’re packin’ a Mac – Hold Command and press “F”.
– When the search bar pops up, type in the word or phrase you’re looking for.
– POOF – Everywhere the word is used, appears in a list off to the side.
This feature works on most document formats. If you’ve never used it before, try it now. Begin by searching “#” – You’ll be directed to every tested keyword and concept in this section.
YOU’RE WELCOME.
We Make Licensing & CE EASY!
Are we done yet?
Are we done yet?
Relax, I’d be a terrible tour guide if I sent you into the Insurance Everglades without a map. We’ll identify the course topics in 757 words. In case you were wondering, the DFS counts the doesn’t measure the time you spend taking online & correspondence courses. Classes like this are rated by their word count.
Right now, I want to know more about you. Think of this next section like we’re speed dating.
Do you like local news and events?
No way me too! On social media, I follow several different local news pages. Ok… It’s true I follow a few questionable pages also…
Time’s up, date is over.
Seriously though, we can learn from the local Florida news. I like knowing what’s going on. What pain are the locals experiencing? Current events are easy to discuss and way more fun to read than static courses. Did you know last year in Boca Raton, DFS Investigators uncovered nearly 100 million dollars in fraud between just two clinics.
I heard about the arrest from the CFO’s Press Releases. You can find them by searching “News You Can Use” on the My Florida CFO website.
Seriously…
The section is called “News You Can Use“
If the Florida CFO is discussing it in public, it’s important. Insurance current event are a terrific way to spark an insurance discussion on-line. ALL Insurance related communications are classified as *Marketing / Advertising. These initial interactions are in essence, the hook to your insurance value proposition.
If, your goal is to spark an insurance conversation, it’s marketing / advertising.
üSocial Media post & stories count.
üTwitter and messaging app communications are regulated.
ALL INSURANCE COMMUNICATIONS ARE REGULATED. Even smoke signals. These days the smoke signals typically just indicate the next riot location. Anyway… Back to these hooks. When we want to buy something, our smartphones do the research.
OK GOOGLE…
[Insert Insurance Question Here]
I use insurance blogs and content to attract prospects like you, all the time. This course is built around current events. The Salti Crime Family story came from the CFO’s “News You Can Use”. Our risk mitigation discussions use the BEST – MOST RELIABLE resources in the industry.
IMAGINE… You’re in the market to buy a new life insurance policy.
- You come across my Linkedin Blog… “10 Things You Should Before Buying a Life Insurance Policy. At the end of my blog, you follow the links to my website, and we connect.
IMAGINE… You’re in the market to buy a new life insurance policy.
- You come across my Linkedin Blog… “10 Things You Should Before Buying a Life Insurance Policy. At the end of my blog, you follow the links to my website, and we connect.
#iFlash4U | EP1 Part 1 Review
CONTINUE
Part 2 ->
<- Click Here
Jason L. Perez - The Florida Local
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