Webinar Replay - Exploring real life ethical insurance dilemmas (Metlife Webinar)
You choose the adventure!
This is a recording of the Webinar that Jeff Scott delivered for Metlife on the 16th of April, 2020. The Advice Movement is proud to now make this session available for you on behalf of our partners at Metlife.
Below is just some of what was covered in the Webinar:
With the introduction of the FASEA Code of Ethics on 1 January 2020, the purpose of the session is to explore and recognise the ethical challenges for financial advisers when recommending risk insurance.
There are unique challenges that rarely exist with other forms of personal advice because underwriting of risk insurance often requires highly sensitive personal information.
Consideration will also be given on how the duty of disclosure and the duty of utmost good faith impact upon the success or failure at the time of claim.
This session will examine the impact of duty of disclosure through three case studies, which are guaranteed to challenge certain long held beliefs.
Jeff has worked for over 25 years in the insurance industry. He's a regular media commentator on the topics of insurance, superannuation, pensions and finance. He has conducted over 1,000 presentations in 13 countries including the 2017 and 2010 MDRT. Jeffrey has lectured at the UTS (Investment and Financial Planning) and UNSW (Taxation, Superannuation and Insurance). He created the first terminal illness benefit for life insurance products in Australia, helped develop lump sum income protection benefits, and introduced full income replacement coverage.
Jeff is a CFP (FPA), SMSF Specialist Adviser (SMSF Association), Fellow of the Taxation Institute of Australia, Bachelor of Mathematics (U of Waterloo), DipFP (FPA/Deakin), Master of Arts (UTS), Master of Education (UTS), Grad Dip of Advanced Taxation (UNSW), Master of Taxation Law (UTS), and Doctor of Philosophy in Taxation (UNSW) In his spare time, Jeff's officiated 134 test matches for the International Ice Hockey Federation (IIHF).