Life Insurance VOCABULARY:
Studying for the Life Insurance Exam? This video is your ultimate cheat sheet for key terms and concepts that will show up on the test! 🚀
In this video, you’ll learn:
✔️ Essential life insurance terms & definitions
✔️ The difference between term & whole life policies
✔️ How premiums, cash value, and riders work
✔️ Tips to remember tricky concepts easily
📌 Watch now & get exam-ready!
💡 Have questions? Drop them in the comments! Let’s pass this exam together. 💪
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00:00 – Introduction
01:32 – Exam Format & Key Topics
04:04 – Fundamentals of Life Insurance
06:12 – Insurable Interest & Risk Assessment
07:38 – Life Insurance as Financial Security
08:46 – Types of Life Insurance Policies
12:55 – Term Life Insurance Explained
16:00 – Permanent Life Insurance & Cash Value
18:15 – Policy Provisions & Riders
22:21 – Settlement Options & Beneficiaries
27:10 – Underwriting & Risk Classification
36:23 – Payouts & Death Benefits
44:16 – Cash Value, Policy Loans & Nonforfeiture
52:15 – Annuities & Retirement Planning
59:02 – State & Federal Insurance Regulations
67:01 – Taxation of Life Insurance & Annuities
75:21 – Group Life Insurance & Business Uses
82:41 – Social Security & Government Programs
88:30 – Survivor Benefits & Social Security Payouts
93:15 – Medicaid & Medicare Insurance Considerations
98:45 – Disability Insurance & Government Support
104:12 – Employer-Sponsored Life Insurance Plans
110:30 – Business Continuation & Buy-Sell Agreements
116:45 – Executive Bonus & Key Person Insurance
122:20 – Senior Protections & Annuity Suitability
128:10 – Advertising & Ethical Sales Practices
134:30 – Insurance Fraud & Consumer Protections
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