FL 2-15 · Life, Health & Variable Annuity

Lessons

Read, get checked as you go, and finish each chapter from memory — completion is earned by retrieval, not by scrolling.

Life insurance
1Insurance Industry BasicsHow insurance transfers risk, the types of insurance companies, the people inside them, how policies get sold, and who regulates it all.Not started2Risk & The Nature of InsuranceHow insurance actually works: risk pooling, adverse selection, the law of large numbers, perils vs hazards, insurable risk, and the STARR methods of handling risk.Not started3Legal Concepts of InsuranceWhat makes an insurance contract valid and enforceable, who can insure whom, how agents get their authority, and the legal doctrines (waiver, estoppel, subrogation) that decide claims.Not started4Life Insurance Policy TypesEvery major life insurance product — term, whole life, universal, variable, and the special-use combos — and how to tell them apart under exam pressure.Not started5Life Insurance Provisions, Options & RidersThe standard clauses inside every life policy, the owner's rights, cash-value and dividend options, the riders that customize coverage, and the exclusions that can deny a claim.Not started6Premiums, Proceeds & BeneficiariesHow premiums are calculated and funded, how death benefits get paid out and to whom, and how the IRS taxes all of it.Not started7Underwriting & Policy IssueHow an application becomes a policy: the agent's field-underwriting duties, insurable interest, the application, information sources like the MIB, premium receipts, risk classification, and policy delivery.Not started8Group Life InsuranceOne contract, many lives: how employer group coverage works, who owns what, the 31-day conversion right, and the $50,000 tax rule.Not started9AnnuitiesThe mirror image of life insurance: turning a pile of savings into income you can't outlive — phases, parties, product types, payout options, and the tax rules.Not started10Uses of Life InsuranceHow much coverage, and what it's FOR: sizing methods (HLV vs needs), life insurance as property, buy-sell agreements, key person coverage, and executive benefit plans.Not started11Retirement PlansQualified vs non-qualified, ERISA's rulebook, defined contribution vs defined benefit, the salary-reduction trio (401(k)/403(b)/457), small-employer plans, IRAs, rollovers, and education savings.Not started12Social SecurityOASDI: who pays for it, who qualifies, and how retirement, disability, and survivor benefits are calculated.Not started
Health insurance
13Health & Accident InsuranceThe health-side foundation: the two perils (accident and sickness), the five covered losses, how health policies are classified, the whole family of limited policies, and dental insurance.Not started14Health Insurance ProvidersIndemnity plans vs the Blues vs managed care — HMO, PPO, POS, EPO — plus group health rules, COBRA, and HIPAA.Not started15Medical Expense InsuranceBasic vs major medical, the deductible zoo, coinsurance math, ACA essentials, and the HSA/HRA/FSA family.Not started16Disability Income InsuranceDefinitions of disability, elimination vs probationary periods, the rider shelf, business uses, and follow-the-dollar taxation.Not started17Health Plans for SeniorsMedicare Parts A–D, Original vs Advantage, the lettered Medigap plans, and long-term care insurance end to end.Not started18Health Insurance Policy ProvisionsThe NAIC's 12 mandatory and 11 optional uniform provisions, the claims clock, the seven renewability classes, exclusions and pre-existing conditions, and the extra clauses that make health contracts run.Not started19Health Underwriting & Policy IssueRisk selection from application to delivery: the underwriting process, risk classes, the M − I + E premium formula, conditional vs binding receipts, and the laws that police it all.Not started
Florida laws & rules
20Florida Laws — Regulation, Licensing & Agent DutiesThe Florida rulebook that applies to every line: who regulates what (CFO/DFS vs FSC/OIR), getting and keeping the license, appointments, the agent's fiduciary and marketing duties, the unfair trade practices, and the guaranty associations.Not started21Florida Laws — Life InsuranceFlorida's life-specific rulebook: disclosure documents, advertising law, suitability and annuity training, replacement duties, individual contract provisions (14-day free look, 30-day grace, nonforfeiture), and the group life statutes with their conversion rights.Not started22Florida Laws — Health InsuranceFlorida's health-specific overlay: mandated benefits, group rules and blanket coverage, mini-COBRA and conversion, disclosure and advertising, Medicare supplement standards, the long-term care rulebook, small employers, and the state programs.Not started