Policy Provisions – Life Insurance Exam Prep

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-CHAPTERS-
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
20:12- Incontestability
20:31 – Policy Loan
24:09 – Automatic Premium Loan
26:09 – Exclusions
27:30 – Suicide

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