VA Life & Health case studies
VA Life & Health · Put your knowledge to work in context.
The Virginia Life & Health agent license is the credential that lets you solicit, negotiate, and sell life insurance and accident and sickness (health) insurance products in the Commonwealth. Candidates typically pursue it to work as a captive or independent producer, a benefits or Medicare-focused agent, or a financial-services professional who needs the insurance line attached to their practice. The VA Life & Health case studies are 5 cases and about 4,234 words.
1The Term Policy Expiring in 14 Months: Convert, Replace, or Gamble?
Marcus, age 58, bought a 500,000 20-year level term policy at age 40. It expires in 14 months.
801 words, about 4 min2Medicare, the Group Plan, and an HSA That May No Longer Be Legal
Dorothy, 68, is a full-time copy editor at a Richmond agency with 30 employees. She is covered under the group medical plan and has contributed 4,000 this year to the HSA offered through payroll; her employer adds 1,000.
813 words, about 4 min3Replacing a Widow's Whole Life Policy With a 10-Year Annuity
Shirley, 74, is a widow in Roanoke with 2,100 a month in Social Security, 60,000 in savings, and a 150,000 whole life policy bought in 1998 with a 38,000 cash value and 42,000 of premiums paid. She tells her agent she needs about 800 more a month.
908 words, about 5 min4A Surgeon's Own-Occupation Policy Meets the Hospital's Group LTD
Patel, 41, is an orthopedic surgeon earning 25,000 a month at a Richmond hospital. She owns an individual disability policy: 12,000 a month benefit, 90-day elimination period, own-occupation definition for five years, and a residual benefit that pays proportionally when income loss exceeds 20%.
757 words, about 4 min5A Death Claim, a Rescission Letter, and a Two-Year Clock
Daniel, 47, bought a 750,000 15-year term policy. On the application he answered 'no' to a question asking about heart disease, chest pain, or cardiac disorder in the past five years.
955 words, about 5 min