Health and Life Insurance Broker's License

This class was created by Brainscape user Josef Miyasato. Visit their profile to learn more about the creator.

Flashcard maker: Josef Miyasato

Decks in this class (31)

1.1 - The World of Insurance
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5  cards
1.1 Trade and Regulatory Associations
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5  cards
1.2 Types of Insurers - Insurance Companies or Carriers
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7  cards
1.3 Fundamentals of Insurers
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4  cards
1.4 Insurer Domicile and Admittance
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6  cards
1.5 Insurer Management and Distribution
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14  cards
1.6 Insurance Agents and Producers
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8  cards
1.7 Federal Regulations
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17  cards
1.8 Risk Management
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20  cards
1.9 Insurance Concepts
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10  cards
1.10 Contracts
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31  cards
1.11 Insurer Underwriting
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3  cards
Chapter 2 - Life Basics
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0  cards
2.1 - Life Basics
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10  cards
2.2 - Producer Responsibilities
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11  cards
2.3 - Completing the Application
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9  cards
2.4 - Individual Underwriting by the Insurer
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16  cards
2.5 - Premium Determination for Life Insurance
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11  cards
2.6 - Policy Delivery
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2  cards
2.7 - Personal Uses of Life Insurance
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12  cards
2.8 - Determining Amount of Personal Life Insurance Needed
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4  cards
2.9 - Classes of Life Insurance Policies
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12  cards
Chapter 3 - Types of Policies and Riders
The purpose of this chapter is to acquaint the student with the types of life insurance products, and their features, characteristics, and uses. There are no “standard” life insurance policies. However, all policies are either temporary or permanent, and can also be fixed or variable. The chapter concludes with a discussion of various riders that can be utilized to alter, amend, or modify the underlying policy.
2  cards
3.1 - General Policy Definitions
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5  cards
3.2 - Types of Policies
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9  cards
3.3 - Permanent Insurance - Traditional Whole Life
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9  cards
3.4 - Nontraditional Whole Life (Interest/Market – Sensitive)
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22  cards
3.5 - Specialized Policies
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4  cards
3.6 - Life Insurance Policy Riders
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25  cards
3.7 - Viatical Settlements and Life Settlements
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2  cards
Chapter 3 Test
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22  cards

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Health and Life Insurance Broker's License

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