GA Life & Health case studies
GA Life & Health · Put your knowledge to work in context.
The Georgia Life, Accident and Health Insurance Agent License Examination is the licensing test that candidates must pass to be issued a Georgia producer license covering life insurance, accident and health insurance, and annuities. The license itself is issued and regulated by the Office of the Commissioner of Insurance and Safety Fire (OCI), the state agency that licenses and regulates insurers, licenses agents and agencies, and handles consumer complaints about insurers, agents and claims handling. The GA Life & Health case studies are 5 cases and about 2,960 words.
1The Lead Vendor's Commission Split
Dana holds a Georgia life and health producer license and owns a small agency with four producers. A marketing firm that employs no licensed agents offers Dana two ways to pay for appointment leads: a flat 40 per kept appointment, or 15% of first-year commission on every policy that results.
613 words, about 3 min2Three Buyers, One Insured, One Amount That Does Not Fit
Ravi and Tom are 50/50 owners of a two-partner consulting firm. Their buy-sell agreement values each partner's interest at 400,000.
558 words, about 3 min3The Replacement That Reset the Clock
Marcus, 58, applies for 750,000 of whole life to replace his 12-year-old 250,000 term policy, which is still in force at a $600 annual premium. On the application he answers "never smoked" - he actually quit 14 months ago after 25 years at two packs a day.
551 words, about 3 min4A Tax-Free Exchange That Costs Her the Money She Needs
Ruth is 79, a widow with 1,900 a month in Social Security and about 40,000 in a savings account. Seven years ago she put 310,000 into a fixed deferred annuity that is now past its surrender-charge period, has a 200,000 cost basis, and is crediting 4.1%.
636 words, about 3 min5Three Plans, One Child, and a Layoff in August
Elena and Rob divorced four years ago. Their son Sam, 9, lives with Elena, who has sole custody.
602 words, about 3 min