TN Life & Health case studies
TN Life & Health · Put your knowledge to work in context.
The Tennessee Life & Health insurance producer license is the credential a candidate needs to sell life insurance and accident-and-health insurance products in Tennessee. It suits people entering or transferring into the insurance industry - career changers, agency staff, bank and credit-union employees, and benefits or financial-services professionals - who must pass a state licensing exam before applying for the license. The exam is delivered through computer-based testing in the Pearson Professional Assessments (formerly Pearson VUE) network, either at a local test center or, where the program allows it, through online proctored testing. The content spans the Tennessee insurance laws, rules, and regulations that govern producer conduct; general insurance concepts that underpin every policy; life insurance basics and the main policy types; annuities and retirement products; and health insurance basics and policy provisions. The TN Life & Health case studies are 5 cases and about 2,349 words.
1Replacing an Older Whole Life Policy in Tennessee
A Tennessee-licensed life producer meets with Margaret, age 67, who has held a 150,000 whole life policy for 18 years. Its cash value is 42,000, and she has an 8,000 policy loan.
590 words, about 3 min2Material Misrepresentation and the Contestability Clock
Daniel, age 45, applies for a $500,000 20-year term policy. On the application he answers 'no' to tobacco use in the past 12 months and 'no' to any diagnosis or treatment for high blood pressure.
403 words, about 2 min3Group Life Conversion After a Cancer Diagnosis
Priya, age 52, is covered by her employer's group term life plan for $300,000. She terminates employment on June 30.
444 words, about 2 min4Annuity Suitability and a 1035 Exchange at Age 72
Evelyn, age 72, is a widow with a 250,000 certificate of deposit maturing next month. She also owns a variable annuity with a 180,000 account value and a 12,000 surrender charge that declines to zero in three years.
472 words, about 2 min5ACA Rescission After an Omitted Sleep Apnea Diagnosis
Marcus, age 58, is self-employed and buys an individual major medical policy. On the application he discloses hypertension and medication but does not mention a sleep apnea diagnosis from two years earlier.
440 words, about 2 min