See the full video at https://youtu.be/3DF08HcSyeU  Ethics refers to well-founded norms of right and wrong that prescribe what people should do, usually in terms of rights, obligations, benefits to society , justice or specific virtues.
Ethics refers, for example, to the norms that impose reasonable obligations to refrain from murder, rape, theft, assault, slander and fraud. Ethical standards also include those that suggest virtues of honesty, compassion, and loyalty.
Ethical standards include standards relating to rights, such as the right to life, the right to liberty from harm and the right to privacy. Such standards are adequate ethical standards because they are supported by consistent and well-founded reasons.
Ethics also refers to the study and development of one's standards of conduct. Emotions, laws and social norms can deviate from what is ethical. It is necessary, especially for people involved in the insurance business, to constantly examine their standards to ensure that they are reasonable and well-founded behaviors that ethically treat an insured with the greatest good faith.
Ethics also requires continuous effort. to study our own moral beliefs and our moral conduct, and strive to ensure that we and the institutions we help to design live up to standards that are reasonable and solidly based. To those who work with insurance – forced to act fairly and in good faith in all transactions – develop a moral code of conduct that strives to ensure that every person involved in the insurance business will shape and live up to standards that are solid based on good believe in handling insurance transactions and insurance claims.
There is no single answer to the question of what ethics is or how to act ethically. There are, in fact, several concepts that define ethical behavior that began with the code of Hammurabi and continue to evolve through modern philosophers, preachers, and people who claim to be ethicists.
Philosophers have struggled with the concept of ethics for more than three eons. No one agrees to use. Some apply different concepts depending on the situation.
Those who work with insurance must avoid situation ethics. Situational ethics should not and will not apply in the insurance industry, whose only ethical mandate should be associated with good faith and fair trade. When handling insurance transactions, the ethical system that insurance staff has adopted must be consistent. , handling of insurance claims, unfaithful insurance and insurance fraud almost equally for insurers and policyholders. He also acts as an arbitrator or mediator for insurance-related disputes. He practiced law in California for more than 44 years as an insurance coverage and claims lawyer and more than 52 years in the insurance industry. He is available at http://www.zalma.com and firstname.lastname@example.org.
Mr. Zalma is the first recipient of the first annual Claims Magazine / ACE Legend Award.
For the past 53 years, Barry Zalma has devoted his life to insurance, insurance claims and the need to defeat insurance fraud. He has created the following library of books and other materials to enable insurers and their claims staff to become insurers.
Go to the podcast Zalma On Insurance at https://anchor.fm/barry-zalma; Follow Zalma on Twitter at https://twitter.com/bzalma ; Go to Barry Zalma videos on Rumble.com at https://rumble.com/c/c-262921; Go to Barry Zalma on YouTube- https://www.youtube.com/channel/UCysiZklEtxZsSF9DfC0Expg; Go to the Insurance Claims Library – https://zalma.com/blog/insurance-claims-library/ Read posts from Barry Zalma at https://parler.com/profile/Zalma/ posts; and Read the last two issues of ZIFL here.