Case Design Certificate - Module 3: General Product Overview

The Case Design Certificate equips case designers with the foundational skills and expertise required to excel in the life insurance sales process. Through this comprehensive program, participants gain knowledge in essential areas such as policy structure, tax law, and product design, while honing their ability to collaborate with financial advisors and carriers to deliver customized insurance solutions. The coursework emphasizes the role of creativity, attention to detail, and strategic thinking in providing optimal client outcomes. The Case Design Certificate is comprised of eleven online learning modules with mastery quizzes for each module.

Module Overview:

Module 3 – General Product Overview
This module of the Nailba Case Design Certificate coursework introduces the fundamentals of life insurance, emphasizing its significance in both wealth protection and wealth accumulation. It outlines the benefits of life insurance, including risk management, estate planning, and cash value accumulation, while also differentiating between term and permanent life insurance products. Participants will gain an understanding of how each product type operates, along with the associated benefits and potential drawbacks, setting the stage for more in-depth exploration in future modules.

Learning Objectives

• Understand the basic concepts and purpose of life insurance.

• Identify the key benefits and common uses of life insurance in risk management and wealth planning.

• Differentiate between term and permanent life insurance products, recognizing the features and advantages of each.

PROFESSIONAL DEVELOPMENT COMMITTEE

COURSE CONTRIBUTORS