Personal Financial Planning Strategies: Insurance Issues 2024

Overview

Not a big fan of insurance? Many CPAs are not comfortable providing insurance evaluations and recommendations. And what clients realize is it’s too late to plan after the fact! Attend this workshop and learn everything you need about insurance to advise your clients wisely and help them prepare for the unexpected. Insurance can be a powerful tool to mitigate potentially financially devastating perils, but only if you understand the inherent risks and how to sort the wheat from the chaff. In this course, you’ll cover contractual red flags, product types, taxation issues and all the essentials on a full spectrum of insurance, including life, disability, health, homeowners, automobile and liability insurance.

Highlights

• Overall insurance concerns
• Regulatory concerns, potential exposures
• Various risks surrounding the client and how to manage them
• Different types of products in the marketplace
• The tax consequences of each type of insurance

Prerequisites

A basic understanding of insurance

Designed For

CPAs, financial advisors and industry professionals.

Objectives

• Understand the many exposures associated with various types of risk
• Learn how to assess, evaluate and diagnose proper insurance strategies
• Review how to apply practical solutions to mitigate risks
• Learn about the distinct types of products in the marketplace, policy specifics
• Quantify an appropriate amount of insurance to ensure adequate coverage, underwriting issues

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by the California Education Foundation (CalCPA). Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.