Life Agent exam topics

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

Showing 241 to 250 of 294 articles · Page 25 of 30

Texas Annuity Best-Interest Disclosure FormsTexas TDI lists three annuity best-interest disclosure forms: FIN194, the Annuity Transaction Disclosure; FIN195, a consumer refusal to provide inform…
Texas Annuity Recommendation: Best Interest vs. SuitabilityTexas annuity recommendations are subject to a best-interest framework, not merely a check that a product is suitable. The agent must act with care, d…
Texas Annuity Replacement vs. Life Insurance ReplacementTexas replacement rules cover both life insurance policies and annuity contracts, but the product-specific analysis differs. A life replacement requir…
Texas Credit Life Insurance Beneficiary: Lender vs. Debtor EstateIn Texas credit life, the creditor receives policy benefits to reduce or extinguish the unpaid covered debt. Any amount above that debt must go to a b…
Texas Credit Life Insurance: Declining Balance vs. Level CoverageDeclining-balance credit life is designed to track a debt that falls as installments are paid; level coverage keeps a stated amount more constant. Tex…
Texas Insurance Agent Commingling: Premium Funds and Client MoneyTexas agents must handle premium funds according to applicable law and insurer agreements; misappropriating or illegally withholding money belonging t…
Texas Insurance Fraud: Agent Warning Signs and ReportingTexas Insurance Code §701.051 requires a person who determines or reasonably suspects a fraudulent insurance act has occurred or is about to occur in …
Texas Insurance Rebating: Gifts, Inducements, and ExceptionsTexas generally prohibits an insurer or agent from offering a life-policy or annuity rebate, special favor, or off-contract value to induce a sale. Cu…
Texas Life Agent Appointment Termination: Who Files and When?In Texas, ordinary insurer appointment terminations are filed online through Sircon or NIPR. A for-cause termination is different: Insurance Code §400…
Texas Life Insurance Premiums Payable in AdvanceTexas Insurance Code section 1101.004 requires a life policy to provide that premiums are payable in advance at the insurer’s home office or to an ins…