L&H · 63 knowledge points
Life & Health Exam Study Notes
The national L&H outline, one five-minute read per knowledge point — key rules with why the exam cares, numbers to memorize, and the traps that cost points. Prefer watching? 16 of these have interactive video lessons.
Life Policy Types
Term Life Designs: Level, Decreasing, and ART5 min read VideoWhole Life Variants, Family Policies, and Joint Life5 min read VideoUniversal, Variable, and Indexed Life Mechanics6 min readAnnuity Structures, Indexed Crediting, and Surrender Charges6 min readAnnuity Payout Options, Death Benefits, and Living Riders5 min readAnnuity Taxation: Section 72 Rules and 1035 Exchanges6 min readBusiness Uses, Insurer Organizations, and Market Rules6 min read
Life Riders, Provisions, Options
Contract Foundations and Required Disclosures5 min read VideoStandard Provisions: Grace, Reinstatement, and Contests6 min read VideoRiders: Waivers, Insurability, and Accelerated Benefits6 min readBeneficiary Designations and Succession Rules5 min readNonforfeiture, Dividend, and Settlement Options5 min readPolicy Taxation: Section 7702, MECs, Loans, and Withdrawals6 min readDeath Proceeds, Policy Sales, and Estate Strategies6 min read
Application, Underwriting, Delivery
Application, Contract Formation, and Insurable Interest5 min read VideoPremium Receipts, Policy Delivery, and the Free Look5 min read VideoUnderwriting Sources, Consumer Reports, and Privacy Law6 min read VideoRisk Classification and Substandard Ratings5 min readProducer Authority, Licensing, and Professional Duties6 min readSuitability, Illustrations, and Replacement Rules6 min readInsurer Solvency, Risk-Based Capital, and Reinsurance6 min read
Retirement & Other Concepts
Qualified Plans: Defined Benefit vs Defined Contribution6 min read VideoEmployer Plans: 401(k) Safe Harbors, SEP, 403(b), and 4576 min read VideoTraditional and Roth IRAs: Contributions, Conversions, QCDs5 min readPlan Distributions, Rollovers, Loans, and Penalty Exceptions6 min readRMDs and Beneficiary Rules After the SECURE Acts5 min readERISA Fiduciary Duties, Disclosures, and PBGC Protection5 min readExecutive Compensation and Business Uses of Life Insurance6 min read
Health Policy Types
Managed Care Plan Designs: HMO, PPO, POS, and CDHP5 min read VideoACA Marketplace Tiers and Excepted Benefits6 min read VideoGroup Funding: Self-Insurance, Stop-Loss, and ERISA5 min readTax-Advantaged Accounts: HSA, HRA, FSA, and Fringe Benefits5 min readDisability Income: Definitions, Riders, and Business Uses6 min readLong-Term Care Policies, Riders, and Hybrid Products6 min readMedicare Advantage, Medigap, and Coordination of Payers6 min read
Health Provisions
Mandatory Uniform Provisions and the Claims Timeline6 min read VideoRenewability, Optional Provisions, and Policy Periods6 min read VideoACA Coverage Mandates and Consumer Protections6 min readMarketplaces, Subsidy Machinery, and Public Health Programs6 min readCOBRA Continuation and HIPAA Portability Rules5 min readHIPAA Privacy, Security, and Breach Notification5 min readNo Surprises Act and Mental Health Parity6 min read
Social Insurance
Social Security Basics: Insured Status and Retirement5 min read VideoSSDI: Qualifying, the 5-Step Test, and Work Incentives6 min readSurvivor, Spousal, and Dependent Benefits5 min readMedicare Eligibility, Enrollment Periods, and Penalties6 min readMedicare Part A and Part B Benefits and Cost Sharing6 min readMedicare Advantage, Part D, and Medigap5 min readMedicaid, SSI, and Federal Worker Programs6 min read
Other Health Concepts
Disability Income: Definitions of Disability and Benefits6 min read VideoHealth Coverage Taxation, Premium Modes, and Beneficiaries5 min readCoordination of Benefits and Medicare Secondary Payer5 min readCOBRA Continuation Coverage Rules4 min readHIPAA Privacy, GINA, and Federal Coverage Mandates6 min readERISA Basics: Plan Types, Preemption, Self-Funded Plans6 min readERISA Claims, Subrogation, and Equitable Remedies6 min read
Field Underwriting
From Application to Delivery: Receipts and Effective Dates6 min read VideoProducer Licensing, CE, and Ethical Conduct5 min readUnfair Trade Practices: Rebating, Twisting, and Coercion5 min readLife and Annuity Replacement Rules5 min readAnnuity Suitability and the Best Interest Standard5 min readSecurities Standards: SEC Reg BI and FINRA Rules6 min readAML, Privacy, and Federal Screening Requirements6 min read