NH Life & Health case studies
NH Life & Health · Put your knowledge to work in context.
The New Hampshire Life & Health producer license is the credential that allows a resident to sell life insurance and accident and health insurance products in New Hampshire. It is aimed at people entering insurance sales, agency and brokerage staff who need authority to solicit or negotiate coverage, and employees of carriers or agencies who advise clients on life and health products. The NH Life & Health case studies are 5 cases and about 4,438 words.
1The Policy That Never Lapsed (Or Did It?)
Marcus, 47, bought a 250,000 whole life policy three years ago. It now has 18,400 of cash value, an outstanding policy loan of 6,200, and he elected the automatic premium loan (APL) option at issue.
795 words, about 4 min2Term, Whole Life, and a Single Premium She Plans to Borrow From
Priya, 34, earns 95,000 as an engineer; her husband Dev, 36, earns 60,000. They have children ages 2 and 6 and a 310,000 mortgage.
921 words, about 5 min3Cashing In, Annuitizing, and Two Very Different Contracts
Nora, 62, retired in January and was born in 1963. She owns two annuity contracts.
905 words, about 5 min4The Surgeon With a Hand Injury and Three Streams of Income
Elena Ruiz, 44, is an orthopedic surgeon earning 24,000 a month. Her individual disability income policy pays 7,000 a month after a 90-day elimination period, uses an own-occupation definition for the first 24 months that then becomes any-occupation, includes a residual disability rider requiring at least a 20% income loss, runs to age 65, and offsets Social Security disability benefits dollar for dollar.
924 words, about 5 min5A Family Losing Group Coverage: Who Should Actually Elect COBRA
Dana, 58, resigns effective March 31 from a marketing firm with 85 employees. She, her husband Rob (67, enrolled in Medicare Parts A and B and also covered under Dana's group plan), and their daughter Emma (22, a full-time student with asthma) all lose coverage on March 31.
893 words, about 4 min