LLQP Prep - Life Insurance

This class was created by Brainscape user Ariel Doyle.

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Decks in this class (14)

Introduction to Life Insurance
Assess client’s needs & situation. Articulate needs based on risks to financial situation.
17  cards
Term Life Insurance
What is term life insurance 1,
What does term refer to 2,
What are typical term lengths 3
44  cards
Whole Life & T-100
What is permanent life insurance 1,
What are the three main types of ...,
How does whole life differ from t...
39  cards
Universal Life
What is universal life ul insuran...,
How does ul differ from whole life 2,
Why is ul considered flexible 3
38  cards
Riders and Supplementary Benefits
What are riders and supplementary...,
Do riders supplementary benefits ...,
When are riders usually added 3
35  cards
Group Life Insurance
What is group life insurance 1,
Who are the two parties to a grou...,
What is a master contract in grou...
47  cards
Taxation of Life Insurance & Tax Strategies
What are the four key tax concept...,
Are life insurance death benefits...,
What is a policy disposition 3
40  cards
Business Life Insurance
What are the 4 main impacts a dea...,
Who is considered a key person 2,
Why do creditors recall demand lo...
32  cards
Application & Underwriting
What is underwriting 1,
What is the agent s role in under...,
What happens after policy issue b...
41  cards
Assessing Needs & Situation
What is the difference between ho...,
Who are the key roles in a policy 2,
Why must family dynamics be asses...
29  cards
Recommending a policy
What 3 lenses start any needs ana...,
What mainly drives probability of...,
Typical high severity financial i...
33  cards
Ongoing Service
Why is ongoing service important ...,
What are common life events that ...,
How does the arrival of a new dep...
26  cards
Formulas
What is the formula to calculate ...,
How do you calculate after tax re...,
What is the formula for inflation...
18  cards
Practice Questions
What should an agent do when a cl...,
What is twisting in life insurance 2,
What is churning in life insurance 3
22  cards

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LLQP Prep - Life Insurance

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LIFE INSURANCE (OFFICIAL LLQP)
  • 22 decks
  • 796 flashcards
  • 707 learners
Decks: Overview Preview Llqp Flashcards, Overview Preview 2 Llqp Flashcards, Overview Preview 3 Llqp Flashcards, And more!
Life Insurance
  • 21 decks
  • 797 flashcards
  • 235 learners
Decks: 2 Life Insurance Basics, 2 Exam Cards, 2 Video, And more!