Skills without mastery are useless. Mastery is impossible without the right methods. SimpliGrok platform makes mastery effortless and fastest with proven, smart practice.
Skills without mastery are useless. Mastery is impossible without the right methods. SimpliGrok platform makes mastery effortless and fastest with proven, smart practice.
Ethics in insurance means acting with integrity, honesty, and in the client's best interest. Ethical conduct builds trust, protects consumers, and maintains the profession's reputation.
Act in client's best interest:
- Place client welfare above personal gain
- Loyalty to client
- Avoid conflicts of interest
- Disclose material information
- Maintain confidentiality
- Provide competent advice
Not just legal compliance: Ethics go beyond minimum legal requirements
Must disclose and manage:
Common conflicts:
- Higher commission products
- Company production bonuses
- Proprietary products
- Dual roles
- Family relationships
Management:
- Full disclosure
- Client consent
- Document decisions
- Prioritize client interest
Recommend appropriate products:
- Match client needs
- Suitable for situation
- Affordable
- Understandable
- Documented basis
Ethics in insurance means acting with integrity, honesty, and in the client's best interest. Ethical conduct builds trust, protects consumers, and maintains the profession's reputation.
Act in client's best interest:
- Place client welfare above personal gain
- Loyalty to client
- Avoid conflicts of interest
- Disclose material information
- Maintain confidentiality
- Provide competent advice
Not just legal compliance: Ethics go beyond minimum legal requirements
Must disclose and manage:
Common conflicts:
- Higher commission products
- Company production bonuses
- Proprietary products
- Dual roles
- Family relationships
Management:
- Full disclosure
- Client consent
- Document decisions
- Prioritize client interest
Recommend appropriate products:
- Match client needs
- Suitable for situation
- Affordable
- Understandable
- Documented basis