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| Section | Weight | Objectives |
|---|---|---|
| Insurance Regulation | 12% | - Renewal and nonrenewal - Change of address and contact information - Continuing education requirements - Licensing requirements - Assumed business names - Reporting convictions and disciplinary actions - Temporary licenses - Resident and nonresident rules |
| Life Insurance Product Knowledge | - Section 1035 exchanges and rollover rules - Cash value, dividends, policy loans and surrenders - Policy provisions and types - Settlement options and beneficiary provisions - Modified Endowment Contracts and taxation |
Which of the following is TRUE of a payor benefit rider?
Which of the following is a provision in an interest-sensitive life policy which allows the policyowner to
withdraw the policy's cash value Interest free?
Which of the following plans will provide a death benefit to the policy's beneficiary Income tax free?
In reference to life Insurance in contract law, a person MOST likely will have an insurable interest in insuring
a person's life If
Under what circumstances must an agent provide his or her business records to the superintendent of
Insurance?
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