SLII Agent Exam study plan

Define risk, insurable interest, indemnity, utmost good faith, contribution, subrogation and proximate cause, and write a one-line example of each from Sri Lankan life or non-life practice.

Distinguish life from general (non-life) insurance by contract duration, indemnity versus benefit, and underwriting method, and tabulate at least six differences.

Explain the purpose of reinsurance and co-insurance and identify who bears the risk in each arrangement.

Solve five numerical problems on premium calculation and claim settlement using the indemnity principle.

Compare term, whole life, endowment, money-back and unit-linked plans on premium, cover, savings element and maturity benefit, and match each to three suitable customer profiles.

Explain the roles of the proposal form, medical examination, policy document, free-look period, grace period, surrender value and policy loan in the life cycle of a policy.

Calculate a simplified premium using mortality, interest and expense assumptions, and show how each factor changes the premium.

Describe nomination, assignment, beneficiaries and death claim documentation requirements.

Explain underwriting of life risks including age, health, occupation, habits and sum assured limits, and state the effect of non-disclosure on a claim.

Distinguish exclusions, riders, waiting periods and suicide clauses and cite one example of each.

Revisit fundamentals topics missed in week 1 and correct at least ten errors in a self-made quiz.

Compute surrender value and paid-up value for an endowment policy using a given table of values.

Classify fire, marine, motor, engineering, liability, health and miscellaneous classes and list the main perils covered in each.

Explain sum insured, average clause, excess, deductible, franchise and no-claim bonus, and show how an under-insured fire claim is reduced.

Outline the motor third-party liability requirement and the claim process for own-damage and third-party claims.

Describe marine cargo and hull cover basics, including Institute Cargo Clauses A, B and C levels of cover.

Explain the duties of the insured and insurer before and after a loss, including notification, proof of loss and salvage.

Distinguish actual total loss, constructive total loss and particular and general average in marine insurance.

Identify common fraud indicators in motor and fire claims and state the correct escalation action.

Re-test fundamentals and general insurance topics and raise the practice score to at least 70 percent.

Outline the regulatory framework for insurers, brokers and agents, including registration, licensing and supervision by the insurance regulator.

Explain the duties of an agent toward the insurer and the client, including disclosure, confidentiality, anti-money-laundering and know-your-customer obligations.

Distinguish misrepresentation, non-disclosure, fraud and rebating, and state the consequence of each for the agent and the policy.

Apply a five-step ethical decision model to three short case scenarios and justify each recommended action.

Build a needs-analysis script that gathers age, dependants, income, liabilities and existing cover, and compute a simple human-life-value requirement.

Draft responses to five common objections on price, trust, returns and claim delays, each under 80 words.

Explain the sales process from prospecting to policy delivery and servicing, and identify the compliance checkpoint at each stage.

Describe complaint handling and grievance-redress procedures and the record-keeping expected of an agent.

Take two full-length timed mock exams under exam conditions and record the score for each domain.

Rank domains by weakness and re-study the two lowest-scoring areas using condensed notes.

Memorize key definitions, limits and time periods using a one-page revision sheet.

Simulate three ethical and claims scenarios aloud to confirm recall under time pressure.