Acting in Clients Best Interests. Life insurance products can uniquely protect families and businesses and the certainty that well-designed policies can bring in financially turbulent times are now more appreciated than ever. 2020 is also a time of regulatory change. New York’s Insurance Regulation 187 went into effect February 1, 2020, and created a watershed change for life insurance and annuity producers. It along with SEC Best Interests Regulations and fiduciary standards proposed by other states require life agents to re-think how they document proposals. Those who are ready for the new rules will have a decided advantage in the marketplace by truly demonstrating that they act in clients' best interests.

In his exclusive LISI Webinar, Larry Rybka will help you gain a clear understanding on the requirements of the Best Interests recommendations under Reg 187 and the SEC’s Regulation Best Interest. Here’s a short list of what Larry will cover in this fast-moving, content packed webinar:   

• What are the “best interests” standards and what are the factors the go into the suitability question?
• How can a producer meet compliance requirements and create a better dialogue on product tradeoffs with clients?
• What the economic impact in response to the Coronavirus pandemic has on life insurance companies and their products.
• Understanding the “Put” in carrier chargeback contractual provisions.
• Learning how to keep consumers informed of the various features and favorable and unfavorable consequences with consistent deliverables.
• How to demonstrate to clients that you prioritize their best interests by going beyond minimum required standards and create a customer experience that stands out in the marketplace.

 

There will be no CE for this webinar


For those who have a conflict with the date/time, The session will be recorded. Simply register and you will have unlimited access to the recording.

Although they are scheduled for a particular time and date - once purchased - they can be viewed at ANY TIME!.