CIC Life & Health study plan

Map the life insurance policy lifecycle from application through underwriting, delivery, and free-look, writing a one-page flowchart in your own words

Distinguish term, whole life, universal life, and variable products by premium flexibility, cash value, and death benefit structure, and record the four differences in a comparison table

Explain the roles of owner, insured, beneficiary, and irrevocable versus revocable designations using three original fact patterns you invent

Define nonforfeiture options, policy loans, surrenders, and dividends, and state which contract type each applies to

Work through annuity accumulation and payout mechanics, calculating a hypothetical accumulation value and a payout figure from an original example

Contrast fixed, indexed, and variable annuities on crediting method, market risk borne by whom, and suitability considerations

Identify the tax treatment of annuity growth, exclusion ratio basics, and the consequences of early withdrawal and 1035 exchanges

List the standard annuity and life policy replacement and disclosure concerns a producer must address before a sale

Explain buy-sell agreement structures, including cross-purchase versus entity purchase, and state the funding role of life insurance in each

Differentiate key person coverage, business continuation planning, and executive bonus or split-dollar arrangements by purpose and tax treatment

Describe how business valuation, ownership agreements, and insurable interest affect a business life case

Draft the questions you would ask a small-business owner to uncover a business life need

Apply group life and group disability concepts to an employer case, distinguishing employer-paid versus employee-paid coverage and the tax implications of each

Explain business overhead expense, disability buy-out, and business continuation coverage for a disabled owner

Outline the steps of a business insurance needs analysis, from fact-finding through recommendation and implementation

Connect qualified plan and nonqualified deferred compensation basics to the life and disability products that support them

Map the major health insurance product types, including major medical, hospital indemnity, critical illness, accident, and disability income, by benefit trigger and payout form

Explain the purpose and mechanics of coordination of benefits, deductibles, coinsurance, copays, and out-of-pocket maximums using an original claim example

Distinguish individual, group, and self-funded arrangements on underwriting, state regulation, and ERISA considerations

Describe the roles of HIPAA, COBRA, and ACA market reforms in shaping employer-sponsored coverage

Compare HMO, PPO, POS, and HDHP structures on network rules, referrals, and cost sharing, and record the differences in a table

Explain HSA, FSA, and HRA eligibility and contribution rules and match each account to the plan type it pairs with

Outline employee benefit concepts including group disability, group dental and vision, and voluntary worksite benefits

Identify the compliance and enrollment issues an employer faces at open enrollment, including notice and nondiscrimination concerns

Summarize agency management concepts, including recruiting, training, retention, compensation, and producer performance measurement

Explain insurance company operations, including underwriting, claims, reinsurance, actuarial, and marketing functions, and how each affects the producer

Compare commercial property and commercial casualty coverage triggers and list three multiline package advantages

Distinguish personal lines coverage basics from commercial coverage basics and note where the same principles apply

Complete a timed full-length practice set across all four domains and score it by domain to rank your weakest areas

Re-teach your three weakest topics from memory in writing, then verify each against your notes and correct any errors

Review your earlier deliverables for errors in tax treatment, ownership, and benefit calculation, and fix them

Build a one-page final review sheet of numbers, definitions, and distinctions you tend to confuse