DE Life & Health case studies
DE Life & Health · Put your knowledge to work in context.
The Delaware Life and Health producer license is a state-issued credential that allows a person to sell, solicit, and negotiate life insurance, accident and health insurance, and annuity products in Delaware. Licensing is administered through the Delaware Department of Insurance, whose stated mission is "Protecting Delawareans through regulation and education while providing oversight of the insurance industry to best serve the public," with licensing and continuing-education oversight handled by the Department's Producer Licensing & Continuing Education Division. The DE Life & Health case studies are 5 cases and about 3,540 words.
1The Annuity Replacement That Smelled Like a Rebate
Devon is a life and health producer licensed in Delaware and appointed by three insurers. In March he meets Althea, 62, who owns a fixed deferred annuity with a 92,000 surrender value and a 5,500 surrender charge.
681 words, about 3 min2Two Years, Two Days, and a Hidden Cancer Diagnosis
On March 1, 2020, Insurer issued a 500,000 whole life policy on Rashid, age 45 as stated on the application, with an annual premium of 6,900. The policy contains a standard two-year incontestability clause, a two-year suicide clause, a misstatement-of-age provision, and a 31-day grace period.
682 words, about 3 min3Yvonne's $40,000 and the Ledger That Taxes Gain First
Yvonne, age 68, bought a nonqualified fixed deferred annuity five years ago with a single 200,000 premium. The contract value is now 246,000.
716 words, about 4 min4Gordon's Four Options on a $310,000 Universal Life
Gordon, 58, owns a 1,000,000 level-death-benefit universal life policy on his own life. He has paid 240,000 of premiums, has never taken a withdrawal or loan, and the cash value is 310,000.
715 words, about 4 min5Priya Turns 65 Mid-Year With an HSA and an HDHP
Priya turns 65 on August 12 and is enrolled in her employer's self-only high-deductible health plan with a 3,200 deductible and a 4,600 out-of-pocket maximum. The employer has 40 employees and contributes 800 to her HSA each year.
746 words, about 4 min