Critical Illness Insurance Certificate Program

This certificate program introduces financial advisors to the valuable role critical illness insurance can play in a client’s financial plan. Ensuring your clients are aware of critical illness insurance is a clear demonstration of the "value of advice" you provide. Regardless of whether or not your clients purchase critical illness insurance, they need to be properly informed about it.

The Critical Illness Insurance Certificate program will not only introduce you to how this innovative product addresses your client’s risk of suffering a significant illness, but it will also help you fully understand the product, including its unique underwriting requirements and how to position it with your clients.

Who should enrol?

  • Individuals looking to earn a certificate in critical Illness insurance
  • Individuals looking to obtain a greater understanding of critical illness insurance

Program Structure

To successfully obtain the Critical Illness Insurance Certificate, students must complete all three modules in this program within one calendar year. Enrol in each module individually or by program.

Program Modules

Module 1: Product Design & Marketing (4 CE)

Critical Illness (CI) insurance product design and marketing addresses the unique features of the CI product that will appeal to the consumer, and compares strategies used for CI to those used for Disability Income and Life Insurance. Learning objectives include understanding how an analysis helps identify a client’s needs, the importance of communicating the policy provisions and the conditions for a successful claim, and where CI insurance fits into an overall plan.

1Learning Objectives

This module focuses on the following key points:

  • Understand how critical illness insurance came into being
  • Learn how major illnesses have changed in the past century
  • Understand the unique features of the CI product
  • Understanding how an analysis helps identify a client’s needs and fits into an overall plan
2Overview

Format: Online learning & quiz

Pre-requisites: None

CE Credits: 4 CE

Note: Please check with your jurisdiction, designating body or professional association regarding their CE requirements

Additional Material: None

Completion Requirements:

  • Passing mark is 60%
  • Completion of one online quiz (100% of overall mark)
3Features
  • 24/7 access to the Advocis Learning Centre
  • One-month window for completion of module (individual module registration)
  • One-year window for completion of module (bundle program registration)
  • Two quiz attempts
  • Download content
  • Access to help for module-related questions
  • ReadSpeaker text-to-speech
4Delivery
  • Self-study: The Advocis online modules are designed as self-study, with success highly dependent on the student's personal discipline. Students are presented with learning content and a quiz to assess their overall understanding.
5Price

Price (Individual Module Registrations)

Members: $50.00 plus shipping & taxes

Non-members: $75.00 plus shipping & taxes

Administrative Policies:

  • All purchases are non-refundable
  • There are no cancellations or extensions
  • Expiry date is 30 days after registration
  • Candidates will need to register again after 2 unsuccessful exam attempts
  • Allow for 1-2 business days to access the module following the registration and payment process
6Bundle

Members: $90.00 plus shipping & taxes

Non-members: $153.00 plus shipping & taxes

Administrative Policies:

  • All purchases are non-refundable
  • There are no cancellations or extensions
  • Expiry date is 1 year after registration
  • Students must re-purchase after 2 unsuccessful attempts
  • Allow for 1-2 business days to access the module following the registration and payment process

Module 2: Plans, Options & Provisions (3 CE)

Through a review of various critical illness insurance plans, this module provides an overview of the features of each type of CI plan with special attention given to optional benefits such as Return of Premium on Death (ROPD). General exclusions and limitations are described that are important to understand for the practitioner and the client.

1Learning Objectives
  • Explain definitions and the key features to compare when selecting the CI product
2Overview

Format: Online learning & quiz

Pre-requisites: None

CE Credits: 3 CE

Note: Please check with your jurisdiction, designating body or professional association regarding their CE requirements

Additional Material: None

Completion Requirements:

  • Passing mark is 60%
  • Completion of one online quiz (100% of overall mark)
3Features
  • 24/7 access to the Advocis Learning Centre
  • One-month window for completion of module (individual module registration)
  • One-year window for completion of module (bundle program registration)
  • Two quiz attempts
  • Download content
  • Access to help for module-related questions
  • ReadSpeaker text-to-speech
4Delivery
  • The Advocis online modules are designed as self-study, with success highly dependent on the student's personal discipline. Students are presented with learning content and a quiz to assess their overall understanding.
5Price

Price (Individual Module Registrations)

Members: $50.00 plus shipping & taxes

Non-members: $75.00 plus shipping & taxes

Administrative Policies:

  • All purchases are non-refundable
  • There are no cancellations or extensions
  • Expiry date is 30 days after registration
  • Candidates will need to register again after 2 unsuccessful attempts
  • Allow for 1-2 business days to access the module following the registration and payment process
6Bundle

Members: $90.00 plus shipping & taxes

Non-members: $153.00 plus shipping & taxes

Administrative Policies:

  • All purchases are non-refundable
  • There are no cancellations or extensions
  • Expiry date is 1 year after registration
  • Students must re-purchase after 2 unsuccessful attempts
  • Allow for 1-2 business days to access the module following the registration and payment process

Module 3: Underwriting & Claims (2 CE)

This module addresses the special underwriting considerations for CI insurance considering that the insurance coverage is for critical illnesses such as cancer, heart attacks and strokes. The module also looks at the unique nature of CI claims adjudication.

1Learning Objectives
  • Identify the key health conditions and their concerns from a CI underwriting perspective
  • Understand the significance and impact of family medical history
  • Examining the importance of communicating the policy provisions and the conditions for a successful claim
  • Identify issues that pertain to processing a claim for critical illness insurance
2Overview

Format: Online learning & quiz

Pre-requisites: None

CE Credits: 2 CE

Note: Please check with your jurisdiction, designating body or professional association regarding their CE requirements

Additional Material: None

Completion Requirements:

  • Passing mark is 60%
  • Completion of one online quiz (100% of overall mark)
3Features
  • 24/7 access to the Advocis Learning Centre
  • One-month window for completion of module (individual module registration)
  • One-year window for completion of module (bundle program registration)
  • Two quiz attempts
  • Download content
  • Access to help for module-related questions
  • ReadSpeaker text-to-speech
4Delivery
  • Self-study: The Advocis online modules are designed as self-study, with success highly dependent on the student's personal discipline. Students are presented with learning content and a quiz to assess their overall understanding.
5Price

Price (Individual Module Registrations)

Members: $50.00 plus shipping & taxes

Non-members: $75.00 plus shipping & taxes

Administrative Policies:

  • All purchases are non-refundable
  • There are no cancellations or extensions
  • Expiry date is 30 days after registration
  • Candidates will need to register again after 2 unsuccessful attempts
  • Allow for 1-2 business days to access the module following the registration and payment process
6Bundle

Members: $90.00 plus shipping & taxes

Non-members: $153.00 plus shipping & taxes

Administrative Policies:

  • All purchases are non-refundable
  • There are no cancellations or extensions
  • Expiry date is 1 year after registration
  • Students must re-purchase after 2 unsuccessful attempts
  • Allow for 1-2 business days to access the module following the registration and payment process
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