IA Life & Health case studies

IA Life & Health · Put your knowledge to work in context.

The Iowa Life & Health insurance producer license is the credential that allows a person to sell life insurance, annuities, and accident and health products in Iowa. Licenses are issued by the Iowa Insurance Division, which regulates insurance producers along with adjusters, appraisers, umpires, navigators, and viatical settlement brokers. Before a license is granted, candidates must pass a qualifying licensing examination, and the Division's examinations are scheduled and delivered through Pearson VUE. Pearson VUE publishes the Iowa Insurance Division examination scheduling information, a Candidate Handbook, and Content Outlines as free downloads, and sells optional online practice tests. The IA Life & Health case studies are 5 cases and about 4,330 words.

Two Policies, One Life: Insurable Interest and a Budget That Won't Stretch

Nate, 41, is a healthy nonsmoker in Cedar Rapids. He earns 82,000; his wife Priya earns 28,000.

835 words, about 4 min 2

Reinstated, Then Dead: Which Clock Controls?

An insurer issued Warren a 250,000 20-year term policy on January 15, 2023, containing a two-year incontestability clause and a 31-day grace period. The policy was issued at the standard rate for age 46.

818 words, about 4 min 3

The $21,000 Appendix: Deductible, Coinsurance, and a Surprise Bill

The Reillys are covered by an ACA-compliant group PPO: 3,000 family deductible (aggregate, not embedded), 80/20 in-network coinsurance, and a 6,500 in-network out-of-pocket maximum. They have already applied 1,200 toward both the deductible and the OOP maximum this year for office visits and labs.

836 words, about 4 min 4

Carla's Office: Commissions, Cash, and an Appointment That Wasn't There

Carla holds an Iowa life and health producer license. Her appointment with Insurer A was terminated on February 3.

975 words, about 5 min 5

The FSA That Killed the HSA

Marcus, 63, is enrolled in his employer's self-only HDHP effective January 1 and is over 55, so he is catch-up eligible. For this plan year the self-only HSA limit is 4,300 plus a 1,000 catch-up; the employer seeds 500 into the HSA in January.

866 words, about 4 min