Alaska Life & Health case studies
Alaska Life & Health · Put your knowledge to work in context.
The Alaska life and health producer license is a state credential that lets you solicit, negotiate, and sell life insurance, annuity products, accident and health coverage, and related lines to Alaska consumers. It is issued by the Alaska Division of Insurance, and the qualifying exam is delivered through the state's testing vendor, typically at a Pearson VUE test center or by online proctoring. The Alaska Life & Health case studies are 5 cases and about 3,241 words.
1The Lapsed License and the Referral Fee
Dana is a life and health producer licensed in Alaska whose two-year license term ended on October 31. She completed 18 hours of continuing education, including 1 hour of ethics, and did not file a renewal before expiration.
613 words, about 3 min2Fourteen Months, One Omitted Diagnosis
Marcus, 58, applied for a $500,000 20-year term policy on March 3, naming his daughter as sole beneficiary. On the application he answered "no" to questions about chest pain, heart disease, and tobacco use in the past five years.
671 words, about 3 min3A Widow, a 1035 Exchange, and a Ten-Year Surrender Schedule
Eleanor, 68, receives 180,000 as beneficiary of her late husband's life insurance policy. She already owns a fixed deferred annuity with a current value of 150,000 and a cost basis of 120,000.
718 words, about 4 min4The Surgeon with a Tremor
Priya, 54, is an oral surgeon in Anchorage with net practice income of 310,000. She owns an individual disability policy paying 8,000 a month with a 90-day elimination period, an own-occupation definition for 60 months followed by any-occupation to age 65, and a residual disability rider; she pays the premium with after-tax dollars.
586 words, about 3 min5The Denied Claim and the Two Plans
Binh works for a 14-employee engineering firm in Anchorage whose fully insured group health plan covers him, his wife Lan, and their daughter Mai. Lan is also enrolled in her own employer's plan.
653 words, about 3 min