This document provides a checklist of topics and resources for studying life insurance. It outlines key areas to review including different types of life insurance policies like term, whole life, and universal life. It also covers riders, group life insurance, taxation, business insurance, the application and underwriting process, needs analysis, recommending policies, and ongoing service responsibilities. Resources include video links, textbook sections, and tables to aid in learning about each topic.
This document provides a checklist of topics and resources for studying life insurance. It outlines key areas to review including different types of life insurance policies like term, whole life, and universal life. It also covers riders, group life insurance, taxation, business insurance, the application and underwriting process, needs analysis, recommending policies, and ongoing service responsibilities. Resources include video links, textbook sections, and tables to aid in learning about each topic.
This document provides a checklist of topics and resources for studying life insurance. It outlines key areas to review including different types of life insurance policies like term, whole life, and universal life. It also covers riders, group life insurance, taxation, business insurance, the application and underwriting process, needs analysis, recommending policies, and ongoing service responsibilities. Resources include video links, textbook sections, and tables to aid in learning about each topic.
This document provides a checklist of topics and resources for studying life insurance. It outlines key areas to review including different types of life insurance policies like term, whole life, and universal life. It also covers riders, group life insurance, taxation, business insurance, the application and underwriting process, needs analysis, recommending policies, and ongoing service responsibilities. Resources include video links, textbook sections, and tables to aid in learning about each topic.
Joint-first-to-die Section 2.2.2 (take note of example) Joint last-to-die Section 2.2.3 (take note of example) Term Insurance Premiums Table 2.1 & Diagram 2.2 Renewable to Non- Section 2.5 Renewable Convertible Term Insurance Section 2.6 and section 2.6.1 Advantages and Table 2.2 Disadvantages of Term Life Insurance
Whole Life Whole Life Insurance Section 3.2.3 (https://youtu.be/kCiTtCo8Yv4) Premiums Policy Reserves https://youtu.be/pf59-hZKd-4 Non-participating Vs Section 3.3 Participating Whole Life Participating Whole Life Section 3.4 ( https://youtu.be/d-ZYOdBpdNM) Policy Dividend Options Non-Forfeiture benefits Section 3.5 Cash Surrender Value section 3.5.1 Advantages and Table 3.2 & 3.3 Disadvantages of Whole Life Term 100 section 3.11
Universal Life UL Flexibility https://youtu.be/awkizaJYLGI Net Amount at Risk section 4.3.1 (example) & 4.3.4 Yearly Renewable term section 4.3.2 structure Level cost of Insurance section 4.3.3 Structure Death Benefit Options section 4.4 Investment Options https://youtu.be/KZZM9VNlMM0 Accumulating Fund https://youtu.be/KZZM9VNlMM0 Comparing UL and WL table 4.3 Life Insurance Riders (https://youtu.be/KX9sBnKiNRc) (https://youtu.be/2ojpf6Xumuo) Term Insurance Rider section 5.1.2 Guaranteed Insurability section 5.1.4 Benefit AD&D Rider section 5.1.3 & 5.2.2 Accelerated Death benefit section 5.2 Waiver of premium for total section 5.2.3 disability
Group Life Insurance
parties to a group insurance section 6.1 contract Group life insurance section 6.2 coverages Dependent and survivor section 6.3 & 6.4 benefits AD&D section 6.5 Conversion privileges section 6.6
Taxation of Life insurance
Tax-free benefits https://youtu.be/x3jPUaXWGik Policy gains https://youtu.be/97wBNGxzdNs Taxation of policy dividends https://youtu.be/KFiDH3QkDcw Full and partial surrender of https://youtu.be/G_wN74W8L6U a policy Exemption test https://youtu.be/j7m7OtE3Op0 Taxation of a policy Sectiom 7.5.1 replacement Abssolute Assignment section 7.8 Taxation of life insurance section 7.10 strategies
Business Life Insurance https://youtu.be/SiY1SMsHWBk
Buisness types section 8.2 Key Person life insurance section 8.3 Buy-sell arrangements section 8.4.3 & section 8.4.4.2
Application and Underwriting Application details (https://youtu.be/BizVAk-j1Uc) (https://youtu.be/j7zSx_YkE3Y) Temporary Insurance https://youtu.be/y5ozPtwEAT0 Agreement Underwriting process https://youtu.be/6-MOS794mu0 Risks and their impact on section 9.5 premiums Factors that impact section 9.6 Premiums Reinsurance https://youtu.be/aiqIvKw5-bM Acceptance and Delivery of section 9.10 policy Needs Analysis Family dynamics section 10.1 Employment situation section 10.2 Current financial situation section 10.3 Existing insurance section 10.4
Recommending a policy Insurance needs analysis - section 11.2 income replacement approach Insurance needs analysis - section 11.3 capital needs approach making a recommendation section 11.5
Ongoing Service Agent's role and conduct section 12.1 Replacing a policy section 12.2 & 12.3 claims process section 12.8 policy assignments section 12.7
