Insurance License Exam Prep: Life, Health & Annuities

A Comprehensive Guide to Insurance Exam Success

What you'll learn

Learn the features, benefits, and differences between various life insurance policies, including term, whole, universal, and variable life insurance.

Gain knowledge of major health insurance plans, such as individual and group health policies

Learn how different annuity products work, including fixed, variable, and immediate annuities, and their role in retirement planning and income generation.

Become test ready and gain insight into the insurance profession.

Requirements

No previous knowledge is required for this course.

Description

This course is designed to provide aspiring insurance professionals and current salespeople with a thorough understanding of life, health, and annuities insurance, preparing them for success on their certification exam. Through engaging lessons and practical examples, participants will gain in-depth knowledge of key concepts such as policy provisions, coverage types, underwriting processes, benefits, and legal aspects of insurance. The course offers a structured approach to mastering complex topics, including disability income, group insurance, Medicare, and Medicaid, ensuring students are equipped to confidently tackle their exam and excel in the industry. With expert guidance, interactive resources, and practice tests, students will reinforce their understanding and build confidence. Whether you're a first-time candidate or looking to refresh your skills, this course is the essential resource for mastering insurance fundamentals and passing your life, health, and annuities exam. By the end, you'll be well-prepared to meet state licensing requirements, understand real-world applications of insurance policies, and begin your career in the insurance industry with a strong foundation. You’ll also gain the skills necessary for advising clients and successfully selling life, health, and annuity products. With lifetime access to course materials and ongoing support, you’ll be equipped for long-term career success. This course has helped dozens of insurance professionals at our agency and we're glad to offer it to a wider audience.

Overview

Section 1: Introduction

Lecture 1 Overview of the Exam

Lecture 2 Purpose of the Exam

Lecture 3 Licensing Requirements and Eligibility

Lecture 4 Importance of Acquiring a License

Lecture 5 Legal Compliance

Lecture 6 Professional Credibility and Opportunities

Lecture 7 Structure of the Exam

Lecture 8 Types of Questions

Lecture 9 Time Allocation

Section 2: Insurance

Lecture 10 Basic Concepts and Terminology

Lecture 11 Guaranteed Issue in Insurance

Lecture 12 Pre-existing Conditions in Insurance

Lecture 13 Risk Concepts

Lecture 14 Claims and Settlement

Section 3: Life Insurance

Lecture 15 Life Insurance Policies (Term, Whole, Universal)

Lecture 16 Key Terms (Beneficiary, Premium, Face Value)

Lecture 17 Policy Provisions and Riders

Lecture 18 Standard Provisions in Life Insurance

Lecture 19 Understanding Life Insurance Riders

Lecture 20 Underwriting and Application Process

Lecture 21 Risk Assessment in Insurance

Lecture 22 The Role of the Underwriter

Lecture 23 Filing a Claim

Lecture 24 Settlement Options Lump Sum vs. Annuities

Lecture 25 Settlement Options Per stirpes vs. Per capita

Section 4: Health Insurance

Lecture 26 Types of Health Insurance

Lecture 27 Medicare

Lecture 28 Medicaid

Lecture 29 Key Terms in Health Insurance

Lecture 30 COBRA

Lecture 31 Policy Provisions and Benefits

Lecture 32 Essential Health Benefits

Lecture 33 Exclusions and Limitations In Insurance

Lecture 34 Claims and Payment Processes

Lecture 35 Filing Health Insurance Claims

Lecture 36 Coordination of Benefits

Section 5: Annuities

Lecture 37 Types of Annuities

Lecture 38 Key Terms for Annuities

Lecture 39 Policy Provisions and Riders - Annuities

Lecture 40 Annuity Payout Options

Lecture 41 Tax Treatment of Annuities

Section 6: Retirement Plans

Lecture 42 Plans for Small Employers

Lecture 43 IRAs

Lecture 44 401k, 403b, 457 Plans

Section 7: Social Security

Lecture 45 Purpose of OASDI

Lecture 46 Overview

Section 8: Disability Income

Lecture 47 Purpose

Lecture 48 Benefits

Lecture 49 Policy Provisions

Section 9: Conclusion

Lecture 50 Recap of Key Points

Lecture 51 Importance of Life, Health, and Annuities Policies

Lecture 52 Encouragement and Final Thoughts

This course is designed for individuals preparing for the Life, Health, and Annuities Insurance exam. This includes: Aspiring Insurance Agents, New Insurance Professionals, Current Insurance Agents Seeking Recertification, and Insurance Salespersons