In simple terms, ethics relates to?

Ethics fundamentally pertains to one's moral duty to others. It encompasses the principles and values that guide behavior, determining what is considered right or wrong in interpersonal relationships and professional conduct. In the context of insurance and other professions, ethics play a vital role in fostering trust, ensuring fairness, and promoting accountability.

Understanding ethics means recognizing that it goes beyond legal obligations, which are outlined by laws and regulations (the role of legal duties). While it can inform the decisions made within a profession, ethics emphasizes the intrinsic values and moral considerations that influence how one should act toward others. Therefore, engaging with ethics involves deeper reflections on integrity, responsibility, and the impact of one's actions on clients and colleagues, rather than merely fulfilling legal requirements or obtaining licensure.