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Life Insurance (10 Chapters)

This class was created by Brainscape user Madison Hoyle. Visit their profile to learn more about the creator.

By: Madison Hoyle
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Decks in this class (10)

Chapter 1: Basics
Define reserves,
Define liquidity,
Describe private insurance compan...
38  cards
Chapter 10: Retirement Plans
What is a qualified retirement plan,
Purposes of employee retirement i...,
What is form 5500
29  cards
Chapter 9: Annuities
Define annuity,
Annuity vs insurance,
Annuity owner and annuitant
31  cards
Chapter 5: Group Life Insurance
Group life insurance,
Contributory plan,
Noncontributory
10  cards
Chapter 8: Uses Of Life Insurance
What are the two types of determi...,
What are the 8 needs an agent sho...,
Describe third party ownership
12  cards
Chapter 6: Premiums and Proceed
Name the 9 aspects premiums are c...,
Premium mode,
Level premium funding
19  cards
Chapter 7: Underwriting And Policy Issue
What is the purposes of underwriting,
What are the three parts to an un...,
Medical information bureau report
14  cards
Chapter 4: Types Of Insurance
Ordinary life insurance,
Industrial insurance,
Group insurance
48  cards
Chapter 3: Legal Concepts
What four aspects make a contract...,
Define offer and acceptance,
Define consideration
29  cards
Chapter 2: Nature Of Insurance
Define risk pooling,
Define law of large numbers,
Define risk
15  cards

More about
Life Insurance (10 Chapters)

  • Class purpose General learning

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