Life-Only case studies
Life-Only · Put your knowledge to work in context.
The California Life-Only Agent license is a producer credential issued through the California Department of Insurance (CDI) that authorizes the holder to transact life insurance and related products - it is narrower than the full life, accident and health authority, so it is often a first step for people entering insurance sales. Candidates typically include career changers, agency support staff moving into sales, and employees of insurers or marketing organizations. The licensing path runs through CDI's Producer Online Services, where applicants apply for a license, schedule the examination, and later handle renewal and address changes. California law requires prelicensing education, and continuing education is required afterward to keep the license active. The Life-Only case studies are 5 cases and about 4,279 words.
1Age Misstatement, Incontestability, and a Five-Year-Old Term Claim
On March 1, 2020, Northgate Life issued a 750,000 20-year level term policy on Daniel Reyes. The application, signed by Daniel, listed his date of birth as March 3, 1973.
903 words, about 5 min2Universal Life at Year Five: Target Premium, Secondary Guarantee, and a Conversion Deadline
Priya, age 58, owns a marketing firm. In 2019 she bought a 1,000,000 universal life policy from a producer who illustrated 5.75% crediting and current cost-of-insurance charges.
1,011 words, about 5 min3Lead Generation, an Unlicensed Appointment Setter, and a Replacement
Bright Harbor Life's owner, Marcus, runs a Facebook campaign: 'Free retirement dinner at the Riverside Grill - every attendee receives a 50 Amazon gift card. Reserve your seat today.' His 22-year-old marketing coordinator, Elena, holds no insurance license.
652 words, about 3 min4Lapsed License, Commingled Premium, and a Death Claim
Marisol holds a California life-only agent license. Her two-year license term ended March 31, 2024.
805 words, about 4 min5A 76-Year-Old Widow, a 10-Year Surrender Schedule, and Day 22
A 76-year-old widow, Helen, has a 280,000 CD maturing. She receives 2,400 a month in Social Security, has 40,000 in savings, and wants 800 a month of additional income.
908 words, about 5 min