While there are no prerequisites for obtaining the CIC, the program is recommended for insurance professionals with at least two years of full-time experience in insurance or risk management. To acquire the CIC, participants must pass five CIC courses and pass five exams within five calendar years. Participants must also reach 70% or better in a two-hour essay-style exam. Learn how to identify first- and third-party cybersecurity risks and the resulting need for cyber insurance coverage. Target generally available insurance contracts that meet your customers` needs, including analysis of common insurance terms. The CIC designation is recommended for professionals in the insurance industry, including agency owners, producers, brokers, agents, adjusters and employees of insurance companies such as marketers, underwriters, human resources managers or agency operations experts. Insurance professionals who wish to build or enhance their insurance career can benefit from the CIC designation, whether they have one or more years of experience in the industry. The CIC dates back to 1969, when a group of independent insurance agents met with University of Texas insurance professor Dr. William T. Hold to develop a program designed to help agents better understand the Texas guidelines and increase their professionalism through education.
Finally, cic`s program was made available to insurance agents and other professionals nationally. Cic`s program remains the cornerstone of the National Alliance`s designation programs. Support your customers when they are faced with significant business revenue and additional expenses. Learn methods to provide your customers with adequate insurance coverage. Analyze various time-based coverage forms, including a co-insurance approach, as well as the use of optional coverages that eliminate or suspend co-insurance conditions included in coverage forms. Review some of the endorsements used to improve coverage. This section introduces agents to the terminology used for discussions about how insurance companies operate. In addition to becoming familiar with critical terms and basic concepts, they gain a comprehensive understanding of the various facets, activities and concerns of doing business within an insurance company. According to the NJ DOBI, manufacturers who comply with and meet the CE requirements for a DOBI approved professional insurance credential (CIC, IRB) will receive 12 credit hours for each full year of the two years preceding the renewal for which these requirements were met. The application for authorisation shall be submitted using form CE1A.
Therefore, ICCs and CISRs that update or maintain their designations AUTOMATICALLY meet the CE requirements of the DOBI (24 credits containing the 3 credits in ethics). Help your customers understand the similarities and differences between umbrella insurance and excess liability insurance, including terms and conditions and exclusions, as well as the relationship with primary insurance. Learn how to communicate to your client the importance of personal umbrella/deductible insurance as an integral part of their personal finances and insurance programs. Today`s Insurance and Risk ManagementThe practice of protecting a business from financial loss by identifying, analyzing and controlling risks at the lowest possible cost. More industry is huge, complex and full of confusing diversity. When considering the type of coverage you need for your unique risks and risks, remember that my training as a Chartered Insurance Advisor (CIC) Certified Insurance Advisor (CIC) is a commercial insurance designation. The CIC program was established in 1969 by the National Alliance for Insurance Education & Research in Austin, Texas, by founder William T. Hold.
Some CIC courses may be used to meet the state`s continuing education requirements for admission as an insurance agent. CIC`s program is open to agency owners, producers, agents, CSRs, brokers and employees of insurance companies. There are seven CIC programs. Each traditional classroom program consists of 2 days of classes (16 hours in total), followed by one of 2 hours. More has prepared me to be the competent and proven consultant you need. My dynamism as an individual led me to choose the CIC designation. This represents a commitment throughout my career to stay abreast of key changes in the industry and to be aware of new risks that arise so that I can better serve my clients. These are the technical requirements; However, it means much more than that to be a DISTINGUISHED CIC. These professionals are committed to continuing education and to the community they have helped build and foster.
They continue to support our efforts to expand opportunities for learning and success. The Certified Insurance Counselor program is a nationally recognized and highly respected designation for insurance professionals for agency owners, producers, agents, CSRs, brokers and employees of insurance companies. CIC`s title and pin are distinctive features that demonstrate my commitment to professional excellence and leadership in the insurance industry. I am proud to be one of the country`s 31,500 CICs, “the best and most knowledgeable insurance practitioners in the country.” Scholarships are available for entry-level students who are employed full-time in the insurance or risk management industry. It is recommended that the applicant have at least two years of experience in the industry. The scholarship only covers registration fees – no additional fees. Scholarship applications must be submitted by June 1 and December 1 and will be awarded by the end of the month. The scholarship must be used within 12 months of receiving the award. Learn how to answer homeowners` questions about the types of policies that best meet their individual needs.