DE Life & Health study plan

Distinguish the roles and rights of owner, insured, beneficiary, and insurer in a life contract, and state who must have insurable interest and when.

Compute a coverage need for two sample clients using both the human-life-value and needs-analysis methods, and explain why the numbers differ.

Compare term, whole life, universal life, variable life, and variable universal life on premium flexibility, cash value, death benefit, and who bears investment risk.

Classify policies by underwriting and marketing type (ordinary, group, industrial, participating vs nonparticipating) and state one consequence of each classification.

Recite the mandatory and optional life policy provisions in order and state the insurer or owner consequence of each, including grace period, reinstatement, incontestability, and misstatement of age.

Match each nonforfeiture option and each dividend option to a written client scenario and justify the pick in one sentence.

Differentiate waiver of premium, disability income, accidental death, long-term care, and term riders by trigger, benefit form, and typical cost.

Apply insurable interest, indemnity, adhesion, utmost good faith, and warranty vs representation to short licensing-style fact patterns.

Differentiate immediate vs deferred and fixed vs variable vs indexed annuities by payout start, investment risk, and suitability.

Work two numeric examples: one accumulation-to-payout calculation and one exclusion-ratio calculation for a nonqualified annuity.

Explain federal income taxation of life proceeds, including the general death benefit exclusion, transfer-for-value, modified endowment contract rules, and Section 1035 exchanges.

Describe taxation of annuity accumulation and withdrawals, including last-in-first-out treatment, the 10% early withdrawal penalty and its exceptions, and annuity vs life payout taxation.

Identify each required uniform provision of a health policy and state the practical effect of the time limits on the insured.

Compute out-of-pocket cost in three scenarios involving deductibles, coinsurance, copays, and out-of-pocket maximums.

Rank renewability classifications (cancellable, conditionally renewable, guaranteed renewable, noncancellable) by the protection each gives the insured.

Score a cumulative timed quiz over Domains 3, 4, 5, 6, and 7 and log every missed item with the rule it tested.

Compare major medical, HMO, PPO, POS, and indemnity plans on network requirements, referrals, and cost control methods.

Explain disability income insurance across own-occupation vs any-occupation definitions, elimination periods, benefit periods, and residual benefits.

Describe the triggers, limits, and exclusions of dental, vision, critical illness, accident, and long-term care coverage.

Contrast group health underwriting and continuation rights with individual medical underwriting and list the underwriting factors used in each.

Outline the state regulatory framework for producers and insurers, including licensing, appointments, continuing education, and market conduct and solvency oversight.

Classify unfair trade practices by name and example, including rebating, twisting, misrepresentation, defamation, and illegal inducement, and explain replacement regulation duties.

Summarize Medicare Parts A through D with eligibility, enrollment periods, late enrollment penalties, and the choice between Medicare Advantage and Medigap.

Describe Medicaid, CHIP, and ACA marketplace coverage, including eligibility categories, open enrollment, and the structure of premium tax credits and cost-sharing reductions.

Re-work the four heaviest life domains using timed 15-question sets, targeting 85% or better on each set.

Resolve every cross-domain item that links a policy provision to a tax or annuity consequence, and write the connecting rule for each.

Re-attempt every question missed on the week 4 diagnostic and confirm each is now answered correctly with reasoning.

Rank your five weakest subtopics by missed-question count and schedule them into the final week.

Complete two full-length timed practice exams covering all ten domains under exam conditions and score each.

Execute the remediation actions for your five weakest subtopics and re-quiz them until each is at 90% or better.

Memorize the numeric thresholds you are most likely to be tested on, including free-look periods, grace periods, reinstatement windows, incontestability periods, and penalty percentages.

Rehearse the pacing plan for the live exam and confirm logistics, including identification and appointment time.