life insurance (official llqp)

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

Decks in this class (18)

OVERVIEW (LLQP Flashcards)
Disclaimer if you re on preview m...,
What are the two main categories ...,
A client purchased a 10 year guar...
30  cards
EXAM PRACTICE QUESTIONS
Shri purchases a universal life u...,
Rick and august are equal shareho...,
Billy and christie are meeting wi...
32  cards
EXAM PRACTICE QUESTIONS 2
Adi and dilan each owned 50 of th...,
Darrin is a life insurance agent ...,
George owns a life insurance poli...
33  cards
EXAM PRACTICE QUESTIONS 3
Denay and althea both aged 64 hav...,
Monica was born on april 5th 1970...,
Sometimes mistakes are made when ...
22  cards
"NEED TO KNOW' CALCULATIONS
How do you calculate the modal fa...,
How do you calculate the net amou...,
Simplify yearly renewable term yr...
29  cards
Life Insurance (Chapter 1)
Disclaimer,
Terminologies policyholder,
Life insurance terminology life i...
16  cards
Term Life Insurance (Chapter 2)
Review,
A contingent beneficiary or secon...,
Review risk transfer
37  cards
Whole Life & T-100 (Chapter 3)
Life insurance terminology cash s...,
Life insurance terminology the di...,
Review name at least three types ...
63  cards
Universal Life Insurance (Chapter 4)
Review,
Life insurance terminology adjust...,
Review what are the differences i...
70  cards
Riders & Supplementary Benefits (Chapter 5)
Review simplify yearly renewable ...,
What are the premium options for ...,
Explain extended term insurance
60  cards
GROUP INSURANCE (Chapter 6)
Review what is a family coverage ...,
Review,
Review what is a term 100 policy
70  cards
TAXATION OF LIFE INSURANCE & TAX STRATEGIES (Chapter 7)
Review what is a family coverage ...,
Life insurance terminology adjust...,
Review how do you calculate the n...
62  cards
TAXATION OF LIFE INSURANCE & TAX STRATEGIES (P2) (Chapter 7)
Review how do you calculate the n...,
What are the calculations for a p...,
Adjusted cost basis calculations ...
63  cards
BUSINESS LIFE INSURANCE (Chapter 8)
Review name two ways to identify ...,
What are some key points for leve...,
The insurance contract usually pl...
67  cards
APPLICATION AND UNDERWRITING (Chapter 9)
Review what s the most common arr...,
Review there are 5 steps with the...,
There are 7 steps with the corpor...
71  cards
ASSESSING CLIENTS SITUATIONS (Chapter 10)
Disclaimer,
Agents need to understand their c...,
Loss of income is often one of th...
6  cards
RECOMMENDING AN INSURANCE POLICY (Chapter 11)
Chapter 2 what is a term policy i...,
Term 100,
Define universal life
38  cards
ONGOING SERVICE (Chapter 12)
Name some of the life events that...,
Clients who become business owner...,
It is important for the agent to ...
16  cards

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life insurance (official llqp)

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