Rating 3.7 out of 5 (17 ratings in Udemy)
What you'll learn- The student will learn about the various philosophical concepts of ethical behavior.
- The student will be able to:
- Explore the various ethical concepts that have developed over the last two or three eons and how they can apply to insurance.
- Explore the ethical concepts that best apply to insurance.
- Identify the meaning of Uberrimae Fidei.
- Identify how the insurance industry applies the concept of Uberrimae Fidei to the business …
Rating 3.7 out of 5 (17 ratings in Udemy)
What you'll learn- The student will learn about the various philosophical concepts of ethical behavior.
- The student will be able to:
- Explore the various ethical concepts that have developed over the last two or three eons and how they can apply to insurance.
- Explore the ethical concepts that best apply to insurance.
- Identify the meaning of Uberrimae Fidei.
- Identify how the insurance industry applies the concept of Uberrimae Fidei to the business of insurance and its relationships with insureds, insurance agents and brokers.
- How an insurance professional can avoid conflicts of interest.
- Identify how to avoid inducements.
DescriptionThis course explains the concepts of ethical behavior and how ethical behavior is an essential element of insurance acquisition, underwriting, and claims handling. The course discusses what ethics is and how various philosophers have developed ethical behavior for everyone in a society. The ethical standards, as they apply to insurers and those insured by application of the covenant of good faith and fair dealing, work to allow insurers to apply ethical standards to its operation.
The course covers the following:
- What is ethics?
- Kant and the categorical imperative.
- Hegel and ethics and that the ethical life is a concept of freedom.
- Virtue ethics.
- Metaethics.
- The Golden Rule.
- Applied ethics.
- Uberrimae Fidei.
- Understanding the concept of Uberrimae Fidei.
- How an insurer insists on insurer-wide ethical behavior.
- How an insurer acts ethically.
