CT Life & Health study plan

Define risk, peril, hazard, retention, transfer, and indemnity, then classify ten real-world examples into the correct term

Explain the elements of a valid contract and identify which elements insurance policies modify (offer, acceptance, consideration, legal purpose, competent parties)

Distinguish stock and mutual insurers, reinsurance, and the roles of producer, agent, and broker in the distribution of coverage

Summarize the human life value, needs approach, and capital retention methods of determining how much life insurance a person needs

Outline the underwriting process, including field underwriting, the application, and the role of the Medical Information Bureau

Compare term, whole life, universal life, variable life, and variable universal life on premium structure, cash value, and who carries investment risk

Differentiate the dividend options and the nonforfeiture options available on a permanent policy

Explain how group life underwriting works and describe conversion and portability rights

Identify how a variable product's separate account is structured and why it requires a securities license to sell

Describe endowment, juvenile, and family policy structures and when each is used

Interpret the incontestability, grace period, reinstatement, misstatement of age, and suicide provisions and state the time frames attached to each

Explain ownership rights and the rules for changing a beneficiary, including irrevocable versus revocable designations

Match at least ten riders (waiver of premium, disability income, accidental death, guaranteed insurability, child term, long-term care, return of premium, and others) to the specific need each addresses

Apply policy loan and nonforfeiture mechanics to three numeric scenarios and explain the interest and repayment consequences

Distinguish immediate from deferred and fixed from variable annuities, and map each to the accumulation and annuitization phases

Compare straight life, life with period certain, refund life, and joint and survivor payout options in terms of income amount and length of payment

Explain surrender charges, market value adjustments, and the free withdrawal allowance on a deferred annuity

Select the most suitable annuity payout option for four written client scenarios and justify each choice

Determine the tax treatment of premiums, cash value growth, policy loans, dividends, and death benefit proceeds for life insurance

Explain modified endowment contract rules, the 1035 exchange, and the transfer-for-value rule with an example of each

Describe how annuity payments are taxed and how the exclusion ratio works during annuitization

Explain the purpose of state insurance regulation, the role of the NAIC, and the producer licensing, appointment, and continuing education framework

Identify common unfair trade practices and the replacement and advertising rules a producer must follow

Differentiate HMO, PPO, POS, EPO, and indemnity plans on provider network, referral, and out-of-network rules

Explain deductibles, coinsurance, copayments, and out-of-pocket maximums and calculate the insured's share in ten cost-sharing scenarios

Distinguish individual, group, and government health coverage and explain the basics of disability income insurance and Medicare supplement policies

Describe how medical underwriting and health information privacy rules affect eligibility and claims

Explain the entire contract, free look, reinstatement, claim filing, and legal actions provisions in a health policy and state the time limit for each

Apply coordination of benefits and preexisting condition rules to three claim scenarios and determine the payment order

Summarize mandated benefits and the requirements that apply to small group and individual health coverage

Identify Connecticut's licensing, appointment, continuing education, and producer conduct requirements for life and health producers

Locate the Connecticut statutes and Insurance Department guidance that govern marketing, replacement, and consumer disclosure, and note where the state rule is stricter than the general rule

Re-drill the top ten concepts from your error log across domains 4, 5, and 9 until each is answered correctly three times in a row

Re-verify Connecticut-specific rules against official state sources rather than notes

Complete two timed 100-question simulated exams under test-day conditions

Audit your pacing and flag any domain still scoring below 80% for a final targeted review block