Life Agent exam topics

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

Showing 231 to 240 of 294 articles · Page 24 of 30

Social Security Retirement Benefits and Life Insurance PlanningSocial Security retirement benefits depend mainly on covered earnings and claiming age. They can inform long-term planning but are not automatically p…
Social Security Spousal and Survivor BenefitsSpousal retirement benefits depend on a living worker's record; survivor benefits follow the worker's death. Eligibility, age, marriage, amount, and c…
Social Security Work Credits and Insured StatusSocial Security work credits measure covered work and help establish eligibility for retirement, disability, Medicare, and family benefits. Most worke…
STOLI and IOLI: Stranger-Originated Life InsuranceSTOLI involves procuring life insurance with a plan from inception to transfer the policy or proceeds to an investor lacking legitimate insurable inte…
Suicide Clause in a Life Insurance PolicyA suicide clause is a policy provision that can limit the death benefit if the insured dies by suicide during a specified period after coverage begins…
Tax Treatment of Life Insurance Policy DividendsA life insurance dividend is generally a return of part of the policyowner’s premium, so it is usually not taxable until distributions exceed the owne…
Tax Withholding on Annuity and Pension PaymentsFederal withholding depends on whether a payment is periodic, nonperiodic, an IRA distribution, or an eligible rollover distribution. Periodic payment…
Taxable Group Life Coverage Above $50,000For qualifying employer-carried group-term life, coverage up to $50,000 is generally excluded from wages. The employee may have imputed income for the…
Term Life Conversion Premiums: Original Age or Current Age?There is no universal term-conversion premium rule. The conversion provision determines whether the rate uses the insured’s attained age at conversion…
Term Life vs. Whole Life Insurance for the Texas Life Agent ExamTerm life covers a stated period and generally pays only if the insured dies while coverage is in force; it usually has no cash value. Whole life is d…