Policy Provisions – Life Insurance Exam Prep
In this video I cover the life insurance policy provisions that you will need to know to pass your life insurance license exam.
Learn About The Different Types Of Life Insurance Policies:
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0:00 – Intro
0:18 – Entire Contract (Policy, Application, Riders/Amendments)
1:45 – Insuring Clause
3:32 – Free Look Period
6:03 – Consideration
6:50 – Owner’s Rights + Parties Involved
9:50 – Assignment of Rights
11:52 – Beneficiary Types + Designations
13:40 – Revocable + Irrevocable Beneficiary
14:38 – Simultaneous Death Law / Clause
16:25 – Premium Payments
19:06 – Reinstatement
20:31 – Policy Loan
24:09 – Automatic Premium Loan
26:09 – Exclusions
27:30 – Suicide
8 thoughts on “Policy Provisions – Life Insurance Exam Prep”
💰 Access my Study Guide + Vocabulary Glossary here ➡ https://insurancelicensecourse.thrivecart.com/lifeinsstudyguide/
💰 Access my LIVE Study Sessions here ➡ https://insurancelicensecourse.thrivecart.com/studysessions/
📽 Watch this video to learn about the different types of life insurance: https://www.youtube.com/watch?v=zcCOK4ztwec
Big thanks Justin!!! I just passed my life and health producers exam today and all of your videos helped me big time.
This section whooped my ass on the state exam it was my first time im headed back Friday. I failed by 4 points smh i was so mad at myself just found your videos yesterday morning.
Hello – Thank you for your videos – I watched them all and passed my Ohio health and Life Exam this week !
Hi, you explained everything so well. I'd like to connect to an agent I'm in CT.
Guys did you know he has an agency!!!! 😯😯😯
Love the information! Btw I see tanjiro chilling back there😂
You’re the man!