Covers the various life insurance solutions, including term life, permanent life, and group life.
Learning Objectives
Recognize the various types of term life insurance.;Identify the types of permanent life insurance.;Select a waiver of premium rider based on specific facts and circumstances.;Distinguish among the various types of life insurance riders.;Identify the features of a permanent life insurance contract.;Determine the taxation of distributions from a modified endowment contract.;Select the appropriate dividend option based on the client's facts and circumstances.;Calculate the death benefit of a life insurance contract.;Identify exchanges of insurance contracts that qualify for IRC Section 1035 tax treatment.;Select an estate planning strategy based on a client's specific facts and circumstances.
Major Topics
Term, credit, permanent, universal;Key features of life insurance;Underwriting, design, funding, nonforfeiture, settlement, planning, practical aspects;Taxation and tax planning with life insurance;Integrating life insurance with the overall financial plan
