Enhancing the professionalism of financial advisors in the best interests of the consumer

DESIGNATION PROGRAMS

Course Code 303

 

CHS™ Disability Course

Format: Self Study
CE Credits: 30
Pre-requisite: None
Study Hours: 76 hours
Price:
Member: $395.00*
Non-Member: $595.00*
* plus shipping and applicable taxes

NEW! Students can now access CHS 303 content online!

With the purchase of this course, students can access:

  • Online study content searchable by study section
  • Online Practice Quiz Tool designed to test your knowledge on the module and help better prepare you for the module quiz and exam
  • Online glossary set up as an indexed tool, accessible anytime

This online course provides a comprehensive description of the living benefits programs and products that address disability and health risks for individuals in personal and business situations. The course topics include:

  • The Nature of the Disability Insurance Risk
  • Disability Insurance Policy Provisions
  • Head Office Product Design and Pricing
  • Special Risk Products for Disability Insurance

Target Audience:

Financial advisors considering the integration of living benefit products into financial planning strategies.

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Learning Objectives:

The nature of the Disability Insurance Risk

  • To understand the unique moral, physical and legal hazards associated with Disability Insurance;
  • To appreciate the risk of disability to your clients, and therefore the importance of addressing this issue with them;
  • To identify existing sources of a client’s income should that client become disabled, including insurable (versus uninsurable) sources of income

Disability Insurance Policy Provisions

  • To identify, analyze and explain the common provisions of a typical disability income policy;
  • To identify, select and explain the most frequently encountered optional benefits typically sold

Financial planning for living benefits

  • To identify and perform the various stages of preparing a client presentation;

Product design and pricing

  • To identify the various stages associated with product design, and the factors affecting the pricing of disability products;
  • To identify and perform the various steps associated with classifying occupations, and preparing the application for head office underwriting;
  • To understand the factors affecting the disability claims process;
  • To identify the need for business coverage, and develop a recommended solution

Special risk products

  • To identify situations requiring the use of a special risk disability product;
  • To understand provisions in health and travel insurance policies

Delivery Methods:

Self-study:

This course is offered online. Course content, study schedule, practice quizzes, glossary, tests and the exam can be accessed online.

This online course is designed in a self-study format, with success highly dependent on the student's personal discipline. To increase study effectiveness, students should use the online study schedule as part of their study routine. To maximize learning and prepare for the module tests and final exam, students are encouraged to take full advantage of the Practice Quiz Tool as well as the examples, glossary and definitions offered throughout the course.

After each module test, students are provided with feedback information on incorrect answers to help them understand and apply what they have learned in their own practice.

Instructor-led:

Advocis has partnered with a number of post-secondary institutions to offer this course in a classroom setting. Please click here for additional information on how to register for this program through one of our education partners:

Registration includes:

  • Online content organized for efficient, effective study, optimized for any mobile device, organized into "bite-sized" segments, and searchable by topic.
  • Practice end-of-module quiz tool allows students to maximize their study time with the flexibility of selecting end-of-module quizzes prior to taking their tests and final exam
  • Study schedule
  • Online glossary
  • Access to help for course-related questions — online and fax
  • Access to the Advocis Learning Centre
  • 120-day window for completion
  • First exam attempt

Additional Materials:

Textbooks:

Disability Insurance and Other Living Benefits, by Jacqueline Figas   $69.95 *

Printed Study Manual (optional) $50.00 *

* plus shipping and applicable taxes

Completion Requirements:

Passing mark is 60 per cent overall.

Online evaluation:

  • Completion of four online module tests (40 per cent of overall mark)
  • Final online exam (60 per cent of overall mark)