GA Life & Health study plan

Define risk, peril, hazard, exposure, and the principle of indemnity in your own words

Distinguish the major legal concepts: agency, contract elements, warranties vs. representations, waiver and estoppel

Map the state regulatory framework: NAIC model laws, state insurance department authority, and producer licensing requirements

Identify the producer's fiduciary duties, premium handling rules, and the major unfair trade practices

Explain replacement regulation and the disclosure obligations triggered by replacing a policy

Compare term, whole life, universal life, variable life, and variable universal life on premium, cash value, and risk bearing

Explain the classification of risks (standard, substandard, preferred) and the underwriting information sources used for life

Identify the mandatory and optional life policy provisions and the effect of each on the owner and beneficiary

Describe the common riders and how each modifies the base policy

Trace the policy delivery process, including the free-look period and conditional receipt

Calculate and explain nonforfeiture options, dividend options, and policy loan mechanics

Compare the settlement options and identify which produce taxable versus nontaxable income to the beneficiary

Apply the tax treatment of death benefits, cash value growth, surrenders, and MEC status

Explain group life underwriting, conversion and portability rights, and creditor and COBRA-style continuation issues

Determine beneficiary designations, per stirpes vs. per capita distribution, and the effect of common disaster and spendthrift clauses

Distinguish immediate vs. deferred, fixed vs. variable vs. indexed, and single vs. flexible premium annuities

Explain the accumulation phase, annuity period, payout options, and the role of the assumed interest rate

Identify surrender charges, market value adjustments, exclusion ratios, and the tax treatment of annuity distributions including early withdrawal penalties

Relate annuities to qualified and nonqualified plans and to suitability and replacement concerns

Describe variable product licensing, prospectus requirements, and separate account mechanics

Compare individual medical expense, group medical, disability income, and long-term care policies on structure and purpose

Explain deductibles, coinsurance, copays, out-of-pocket maximums, and the calculation of a claim payment

Identify health policy provisions including renewability clauses, grace period, reinstatement, and pre-existing condition treatment

Apply coordination of benefits and the primary/secondary payer rules when a person has two plans

Describe occupational vs. nonoccupational coverage and the definition of disability in a disability income policy

Outline Medicare Parts A through D, Medicaid, and the coverage gaps each program fills

Explain HSA and FSA eligibility, contribution, and use rules, and how they interact with high-deductible plans

Identify the taxation of health insurance benefits, including employer-paid premiums and disability income benefits

Apply the federal statutes that shape health coverage: COBRA, HIPAA, and the Affordable Care Act market reforms

Re-review producer duties, advertising and marketing rules, and unfair claim settlement practices as they apply to health products

Re-drill producer licensing, appointment, continuing education, and commission-sharing rules

Categorize each unfair trade practice and identify which prohibited act is described in a given scenario

Restate the core general concepts that recur across all product lines: insurer types, field underwriting, and contract law

Re-attempt every question missed in weeks 1 through 6 and reach correct on all of them

Rehearse the exam's scenario-style questions by writing the rule that decides each answer

Simulate the real exam under timed conditions with no notes or breaks

Review each full-length exam error and label the cause as knowledge gap, misread, or calculation slip

Re-drill the three product domains' calculation types: policy loans, claim payments, and annuity exclusion ratios

Recite the top provisions and tax rules for life, annuities, and health from memory without a reference

Finalize test-day logistics and a two-pass answering strategy for flagged questions