NH Life & Health study plan

Define the parties to a life insurance contract and distinguish revocable from irrevocable beneficiary designations, including per stirpes vs. per capita distribution

Classify term, whole life, universal life, variable life, and variable universal life by premium flexibility, cash value accumulation, and death benefit structure

Compute a rough coverage need using both the human life value approach and the needs (DIME) approach and compare the two results

Explain how policy loans, partial withdrawals, and surrender affect cash value and the ultimate death benefit

Identify the tax treatment of death benefits, cash value growth, and policy loans inside a modified endowment contract

Explain the purpose and consequences of the grace period, reinstatement, incontestability, misstatement of age, and suicide clauses

Compare the nonforfeiture options (cash surrender, reduced paid-up, extended term) and state when each is most useful to a policyowner

Distinguish the dividend options and the settlement options by how proceeds are paid and taxed

Match at least eight riders (waiver of premium, accidental death, guaranteed insurability, term, long-term care, disability income, payor benefit, child term) to the risk each addresses

Summarize New Hampshire producer licensing, continuing education, appointment, replacement, and unfair trade practice requirements in outline form

Differentiate accumulation and annuitization phases and explain how each annuity payout option (life only, life with period certain, joint and survivor, fixed amount, fixed period) changes the income stream

Contrast fixed, variable, and indexed annuities on investment risk, guarantees, and suitability considerations

Apply the exclusion ratio concept to determine the taxable portion of annuity income and explain early withdrawal penalties

Define the core general insurance concepts: insurable interest, indemnity, utmost good faith, adhesion, aleatory, subrogation, and reinsurance

Distinguish pure from speculative risk and identify the types of hazards and perils tested in the exam

Compare HMO, PPO, POS, and indemnity plans on network rules, referrals, provider choice, and cost sharing

Calculate member responsibility across a deductible, coinsurance percentage, copay, and out-of-pocket maximum in a worked example

Explain coordination of benefits, primary vs. secondary payer rules, and how duplicate coverage is settled

Interpret the health policy renewability classes (cancellable, optionally renewable, conditionally renewable, guaranteed renewable, noncancellable) and the free-look and claims provisions

Identify mandated and prohibited practices under New Hampshire health insurance rules, including preexisting condition and rescission limits

Distinguish own-occupation from any-occupation definitions of disability and predict benefit outcomes in three sample claim scenarios

Explain how the elimination period, benefit period, and benefit percentage interact to set the size and duration of a disability income payment

Differentiate residual, partial, and total disability benefits and explain the rehabilitation and return-to-work incentives

Compare medical expense products: basic hospital/surgical, major medical, hospital indemnity, critical illness, accident, and specified disease policies

Explain business uses of disability income coverage, including business overhead expense and key person disability

Explain group health underwriting and eligibility concepts including actively at work, probationary periods, and late enrollee rules

Distinguish group conversion rights, COBRA-like continuation expectations, and coordination with Medicare

Compare Medicare Parts A, B, C, and D and explain how Medigap and Medicare Advantage plans differ in cost and network structure

Identify the scope of dental, vision, prescription drug, long-term care, AD&D, and workers' compensation coverages

Explain the difference between group life and group health characteristics and describe other employer-sponsored benefit plans

Re-solve every item missed in weeks 1 through 6 without referencing notes, then verify against the source rule

Complete two 100-question cumulative practice exams under timed conditions and log score by domain

Rank all ten domains by practice-exam accuracy and build a two-tier remediation list of weak vs. strong areas

Rehearse policy feature comparisons that commonly appear as distractors, such as term vs. whole life cash value and DI own-occupation vs. any-occupation

Retake and clear every item on the week 7 remediation list at 100%

Complete three full-length timed practice exams and score at or above 85% on each

Recite from memory the New Hampshire-specific rules most likely to be tested: licensing and CE, replacement, free look, unfair trade practices, and mandated health benefits

Drill the numeric mechanics: exclusion ratio, coinsurance and out-of-pocket math, DI benefit calculation, and nonforfeiture option outcomes

Build a final one-page formula and definition sheet for last-day review