- Format:Online Self-Paced
- Education Type:Continuing Education
- Line of Authority:Property and Casualty
- Language:English
- Credit Hours:2
Pet insurance is one of the fastest growing markets in the U.S. and many pet owners may benefit from adding coverage to their insurance portfolios. The rapid growth of the pet insurance market and the number of insurers newly entering the market has led to new regulatory restrictions on products offered, producer training requirements, and contract standardization. This course is designed to train producers on market characteristics, the components of a pet insurance policy, the distinctions between insurance and wellness programs, and the various disclosure requirements to ensure transparency and consumer understanding.
What You'll Learn
- The scope of the pet insurance market
- The NAIC’s role in developing a model law
- Pet insurance coverage options
- The factors that impact coverage for pets
- Mandatory policy provisions and coverages typically provided under a policy
- The common exclusions found in pet insurance policies
- How to distinguish pet insurance from pet wellness programs
- The licensing requirements for soliciting and selling pet insurance
- How the ISO Pet Health Insurance Policy is constructed
- Key endorsements and how the endorsements affect coverage
What's Included
This online self-paced course allows you to study independently, whenever it is convenient for you. All you need is a device (computer, tablet or smartphone) with internet access.
Regulatory Information
View your state's insurance licensing requirements
Course Provided By: XCEL Solutions LLC.
Course Name: LA Pet Insurance: What Every Producer Needs to Know
Approved course ID:43606