Life Agent exam topics

The life general-knowledge section and Texas rules tested on the Life Agent exam.

Showing 151 to 160 of 294 articles · Page 16 of 30

Fixed vs. Indexed AnnuitiesA fixed annuity credits interest under a rate declared by the insurer, subject to a contractual minimum guarantee. An indexed annuity calculates inter…
Form 1099-R for Life Insurance, Annuity, and Retirement DistributionsForm 1099-R reports many distributions from pensions, retirement plans, IRAs, annuities, and specified insurance contracts. It shows gross payments, a…
Four Elements of a Valid Insurance ContractThe four classic contract elements are mutual assent, consideration, legal capacity, and lawful purpose. A life application and insurer acceptance can…
Free-Withdrawal Provisions in Deferred AnnuitiesA free-withdrawal provision lets an annuity owner take a defined amount without the contract’s surrender charge during a stated period, if the contrac…
Grace Period vs. Automatic Premium LoanA grace period is extra time after a premium due date during which the policy generally remains in force if the overdue premium is paid. An automatic …
Gramm-Leach-Bliley Privacy Notices for Insurance CustomersGLBA privacy rules apply to insurers and other financial institutions for covered products and services. Required notices explain information practice…
Group Life Conversion When Employment EndsTexas Insurance Code §1131.110 generally lets a qualifying insured convert group life coverage after employment or membership ends, without evidence o…
Group Life Insurance Conversion vs. PortabilityConversion replaces eligible group coverage with an individual policy, usually without new evidence of insurability when the contractual and Texas sta…
Group Life Master Policy vs. CertificateThe master group life policy is the insurance contract between the insurer and the group policyholder, such as an employer. A member’s certificate is …
Group Life vs. Individual Life UnderwritingIndividual life insurance is generally underwritten for the applicant using personal health and risk information. Group life underwriting commonly eva…