AL Life & Health study plan

Distinguish the parties to a life insurance contract and explain the underwriting process, including field underwriting and the role of the agent's report

Compare term, whole life, universal life, and variable life policies by premium, cash value, and death benefit structure

Identify the standard policy provisions: entire contract, grace period, reinstatement, incontestability, misstatement of age, and suicide clause

Match common riders (waiver of premium, disability income, accidental death, guaranteed insurability, long-term care) to the needs they address

Explain beneficiary designations: primary vs. contingent, revocable vs. irrevocable, per stirpes vs. per capita, and common disaster clause

Calculate the death benefit options under a universal life policy (Option A vs. Option B) and describe the effect of loans and withdrawals

Differentiate dividend options, nonforfeiture options, and settlement options

Describe fixed, indexed, and variable annuities and explain accumulation vs. annuitization phases

Compare immediate and deferred annuities and the payout options available at annuitization

Apply the tax treatment of life insurance death benefits, cash value growth, dividends, surrenders, and policy loans

Explain the MEC rules and the 7-pay test, and identify the tax consequences of a MEC

Apply exclusion ratio logic to annuity payments and describe the penalty on early annuity withdrawals

Classify pure risk vs. speculative risk and apply the four methods of handling risk

Explain insurable interest, indemnity, adhesion, and the principle of utmost good faith

Identify the mandatory and optional provisions of individual health policies, including grace period, reinstatement, and claims provisions

Explain coordination of benefits, preexisting condition limits, and the difference between occupational and nonoccupational coverage

Distinguish own-occupation from any-occupation disability definitions and calculate benefit periods and elimination periods

Explain residual, partial, and total disability benefits and the effect of Social Security offsets

Describe basic medical expense plans, major medical, and HSA-compatible high-deductible plans

Explain group health underwriting, eligibility, and the difference between contributory and noncontributory plans

Describe COBRA continuation requirements, conversion privileges, and coordination with group life

Compare group medical, dental, vision, and prescription drug coverage structures

Outline the state licensing process: prelicensing, examination, appointment, renewal, and continuing education

Identify unfair trade practices, replacement rules, and the agent's fiduciary and recordkeeping responsibilities

Break down Medicare Part A, Part B, Part C, and Part D eligibility, coverage, and costs

Explain Medicare Supplement plan standardization and the Medigap open enrollment period

Describe Medicare Advantage enrollment periods and how Part D creditable coverage and the coverage gap work

Distinguish Medicare from Medicaid and explain long-term care insurance triggers and benefit structures

Apply marketing compliance rules specific to senior products, including appointment standards and prohibited sales practices

Re-solve missed questions from weeks 1 through 6 and identify the three weakest subtopics

Build and drill flashcards for every policy provision, rider, and health benefit term that caused errors

Complete a half-length mixed practice exam under timed conditions covering all ten domains

Review each incorrect answer to confirm the reason for the correct choice, not just the letter

Complete two full-length timed practice exams simulating exam-day conditions

Achieve a consistent score of at least 80% on each full-length exam

Re-verify the three remediation topics identified in week 7 and confirm mastery

Draft a one-page exam-day checklist covering timing strategy, question-reading habits, and flag-and-return rules