SD Life & Health case studies
SD Life & Health · Put your knowledge to work in context.
The South Dakota Life & Health Insurance Producer license is a state credential that allows a producer to solicit, negotiate, and sell life insurance and health insurance products in South Dakota. It suits career changers entering insurance sales, agents adding a line of authority, agency staff who advise clients on life and health coverage, and advisors who want a formal compliance credential recognized by regulators and carriers. The SD Life & Health case studies are 5 cases and about 3,773 words.
1The Appointment Gap and the Cash Premium
Darla has held a life and health license for six years and has just moved from a captive agency to an independent agency. Her former agency filed a termination notice; her new agency mailed an appointment request on March 3.
770 words, about 4 min2Wrong Date of Birth, Lapse, and Reinstatement
Marcus applied for a 500,000 20-year level term policy in March 2019. On the application he wrote his date of birth as March 2, 1976; his actual date of birth is March 2, 1972.
721 words, about 4 min3The 1035 Exchange Rhonda Was Talked Into
Rhonda, 68, retired last year from teaching. She has 180,000 in a 403(b) fixed annuity she has held for 14 years, 40,000 in a savings account, and 2,100 a month in Social Security.
752 words, about 4 min4Two Disability Policies, One Back Injury
Priya, 41, is a regional sales manager earning 9,500 a month in base salary plus about 2,000 a month in commissions. Her employer pays the full premium on a group long-term disability plan: 60% of base salary, 90-day elimination period, own-occupation for 24 months then any-occupation, with benefits offset by Social Security and workers' compensation.
786 words, about 4 min5The FSA That Broke the HSA
Tom, 38, and Ana, 36, are married with two children, ages 4 and 7. Tom's employer offers a high-deductible health plan with a 6,000 family deductible, a 12,000 in-network out-of-pocket maximum, and preventive care covered before the deductible; it will also deposit 1,000 into Tom's HSA if he opens one.
744 words, about 4 min