Description

This 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.

Maintaining both the public’s faith in our sector as a whole and the trust on which insurance transactions are based depends heavily on ethical behavior. For the purpose of outlining an ethical framework, the Ethical Guidelines for Insurance Professionals learning course was created expressly for insurance practitioners. This course covers:

1. What is ethics?
2. Kant and the categorical imperative.
3. Hegel and ethics and that the ethical life is a concept of freedom.
4. Virtue ethics.
5. Metaethics.
6. The Golden Rule.
7. Applied ethics.
8. Uberrimae Fidei.
9. Understanding the concept of Uberrimae Fidei.
10. How an insurer insists on insurer-wide ethical behavior.
11. How an insurer acts ethically.