Life Insurance License Exam Notes Pt. 1
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- เผยแพร่เมื่อ 7 ก.ย. 2024
- Part 1: Risk, Loss, Indemnity... Basics
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I passed my exam and these are the things that helped me the most:
1. Write everything down at least once.
2. Separate chapters and study one chapter at the time.
3. Memorize all aspects that involve a number (30 days, 3 days, 3 years, 2 weeks, etc.)
4. On top of memorizing everything, have a basic understanding of how things work in general. Example: what kind of insurance would be the cheapest. Which kind of annuity is the riskiest.
My overall experience was that the exam was easier than I expected.
Good luck to all of you! You got this, just believe in yourself!
Thank you for your advice.
@@angelsmoot9608 You're welcome.
Did you do your pre license course online. If so which site.
Congratulations!!!💪👍😀 Thank you so much for sharing your tips!🙏
Thanks I need this I'm so nervous , but I know I can do it.
I passed my exam after 3 weeks of studying/taking my ExamFM course. after the first week, I sought out videos like these and watched them every single day. Like mentioned in this video, I rode around playing this in my car.. no music, no podcast, not much tv, only this for 3 weeks. I wrote all my notes one time and told myself that I would rewrite them everyday but didn't (doing so would definitely help 100x more). instead I took a practice at least twice a day, I didn't end up passing until week 2. by the day before my exam the following week, I had achieved a practice test score of 87% and ended up passing my exam the next day with flying colors! it was honestly easier than the practice tests but I'll give it up to me putting in all the effort that I did.
Using acronyms for everything also helped me. as mentioned in the video, you are given scratch paper to write what ever you want, so I chose to use it for everything lol.. I think some of these were mentioned here, if not, from other videos on YT (I'm just coming back after I passed my exam to try to help whoever takes it). although it may sound funny, to follow is the phrase full of acronyms that I used to remember a lot of different life/health info; doing it in this order was easiest for me in terms of memorization because it always read like a phone number while still making somewhat sense as a sentence.. if that makes sense 😂
B.I.G. F.A.M.O.U.S. C.E.R.M.M.IC.
L.O.C.A.L. S.T.A.R.R. D.I.A.L. C.L.I.F.F. W.E.L.L.S.F
R.E.C. W.A.S.H.
C.R.A.P.P.O W.A.G.C.A.P.A.
M.E.I A.E.I U/L A= ----
B= ^
B.I.G. F.A.M.O.U.S. C.E.R.M.M.IC. = provisions
L.O.C.A.L. = legal contract
S.T.A.R.R. = how to handle risk
D.I.A.L. = term insurance
W.E.L.L.S.F. = whole life insurance
R.E.C. = non-forfeitures
W.A.S.H. = exclusions
C.R.A.P.P.O = dividends
W.A.G.C.A.P.A. = riders
M.E.I = how to determine premium
A.E.I = agent authority
U/L = A = level death benefit B = increasing
Beneficiary designation (life only), Insuring clause, Grace period, Free look period, Assignments (life only), Modifications (life only), Owner's rights (life only), Unused premium, Suicide (life only), Consideration, Entire contract, Reinstatement, Mode, Misstatement of age/gender, Incontestability/Time limit on certain defenses, Common disaster (life only).
Legal competence, Offer, Consideration, Agreement, Legal purpose
Sharing, Transfer, Avoidance Reduction, Retention of risk
Decreasing, Increasing, Annual renewable, Level
Cash, Life income, Interest only, Fixed amount, Fixed period
Whole life/traditional/pure/all the same thing, Endowment, Limited pay, Limited period, Single premium, Family Income+Family Maintenance
Reduced paid up, Extended term, Cash
War/military, Aviation, Suicide, Hazardous occupation
Cash, Reduction of premium, Accumulation of interest, Paid up-addition, Paid up-option, One year term
Wavier of premium, Accidental death, Guaranteed insurability, Cost of living, Accidental death & dismemberment, Payor benefits, Additionally insured.
Mortality, Interest, Expense
Apparent, Implied, Expressed
hope it help! lets all get paid!!
❤
I have listen to you for almost 3 mths on repeat so I can be ready for life insurance exam. Today I finally took my test and I Passed because of you. Thank you 😊
Awesome congrats I am studying now while finishing my courses
Hi, I cannot find part 2. Were you able to locate it. I spent an hour searching you tube.
😂😂😂
@@1982NitaJCaresI am studying for my life accident and sickeness exam in Georgia any suggestion’s?? ❤
I'll be listening day and night also.
Just finished taking my Life & Annuities test, I passed my test by watching this video.
Excellent! Congratulations!
Can you help a sister out I will be taking mine soon here studying
Is this all that you studied to pass the exam?
Congrats
Is it multiple choice?
Took the Life/Health exam today in Cali and PASSED FIRST TESTING!!!! To everyone striving to reach this goal continue to take the proper steps and the rest WILL ALIGN !! You ALL are more than capable of accomplishing this state exam. BELIEVE IT RECEIVE IT and ACHIEVE IT. HAPPY NEW YEAR EVERYONE lets get after it squad !! 👏🙏🙌
Which program did you do it through? Also, which package of that program did you select? :)
I am so happy for you!!! Thanks for encouraging everyone else to go for it. Keep Soaring! Serve our community well and remember that I am here if you need me.
Congrats
.qaa
How long is the test is it multiple choice?
To pass a life and health insurance exam, you will need to have broad knowledge of insurance concepts, policy types, taxes and federal regulations, not to mention the insurance laws in your state
I have been having issues passing my Health Insurance exam since 2020, I’m so tired
Health insurance exam is the more difficult. Health insurance policies are simply more complicated than life insurance policies
@@annarosas1216I passed mine after much studying, I studied some Exam Cram and other insurance PDF
After several trials working with the help of Mr James eased me the stress of sitting for the exam over and over again. Thank you James 🎉
I'm originally from USA, I and two other Chinese and American friends we gave him a try, his really performing wonders Mr James gave us a nice and relaxing attention
I studied for this exam in 4 days and did the entire course work and when I took the exam on the 5th day I got a 69. Came on TH-cam watched your videos ma for another 4 days and retook the exam and I passed. Your videos helped simplified a lot of areas that I considered challenging for me..thank you so much this video helped me..
Congrats!! 🎉I got a 69 too. I will pass next time!!🎉
Passed my exam today with an 82 because of your videos. Thank You ❤
I am preparing for exam now
Just want to say thank you for this post. I found it just before i drove to take my exam and it helped keep me fresh and was inspiring. I passed. 😃
Great job! I pray you experience great success and help lots of people.
I'm watching this video before my exam.If I'll come and write again now when I'll pass the exam.
Thank you for teaching us from you tube! I’ve scored 86 % on my first attempt.
CONGRATULATIONS!!!!!
what did you mainly see on there?
I’ve been watching your videos all throughout studying and now I’m listening to this video in the car on the way to my exam! I’ll update this comment if I pass!
Update: I PASSED!!! I wouldn’t have been able to do it without your videos. Thank you so much! Now onto my SIE!
Thank you. I’m so frustrated with examFx. You are a breath of FRESH AIR.. lovely, clear and smooth in your delivery. You are helping this to feel real as opposed to a bunch of definitions.
-That was just a fancy way of sayin’: YOU ARE SAVING MY BUTT😊
did you pass?
I appreciate your compliment! How was the exam? I always tell people not to get frustrated if you don’t pass the first time. You only have to pass it once no matter how many times you take it.
OMG I thought it was just me with ExamFX
Yes exam fx is frustrating. Going through it now
I am so glad that I can help! Email me if you need me.
I see the Part 2 and more now... You have such a calming spirit and make the concepts very relatable and easy to understand. Such a good educator. I am a realtor too... I certainly see you impacting lives as a purpose filled woman... God Bless you!!
Thanks so much!
Just had a one on one session with Tyra and it helped me so much. I feel very confident that I will pass my state’s licensing exam. She is a beautiful spirit who genuinely wants to help.
How did you set up a session?
Do you have notes
@@lancewinters2833 I took my own notes while we were talking, but I ditched them as soon as I found out I passed. It was all scrabble, but in a way that I could understand them.
@@kaylahercules4360 Email me if I can help you thepurposefilledwoman@gmail.com
@@lauriem1017 Congratulations even if it's been over a year. Do you need help generating leads for your business? Let me know if you are interested
I took my exam last week and I passed thank Jesus for that! Now I'm just waiting for my fingerprints to get processed and then to get my certification so I can start working! I cannot wait and I am so glad that I checked out this video and a few others while obsessively retaking the practice exams over and over and over again. There's no right way or wrong way to do it it's just what works for you and you will find what works for you
Where did you take the practice test over and over again at?
I had failed my exam 5-17-22
I came across your videos 5-24-22 and passed my exam 5-25-22. I listened to you on my way up to take my exam which was a hour and 10 minute drive.. You definitely helped me understand the concept for sure. Thank you 🙏🏼🙏🏼🙏🏼🙏🏼
I am so thankful for you!! I passed the exam on Wednesday January 3rd, 2024 on my first attempt!!
That’s awesome!
So these concepts didn’t change
I failed my state exam twice 😢 I am so happy to come across your TH-cam. 🙏🏼 Your detailed explanation really helped me. I finally passed my state exam. Thank you 😊
Omg, I just failed again so im retaking it in a week.... Which state exam did you take?
Congratulations and thank you for your example of determination!!! 🎉💐
Hello, I passed the licensing exam two years ago. I meant to share this before now but it has been a very busy time. Your videos and information along with some others were beneficial. The things I heard from you helped me a lot. I also watched other videos. I passed it the first time. Thank you.
4/4/2023 Just passed my exam in Florida first try definitely had all your videos on repeat for about 3weeks. I can say my confidence was high between your notes and my online classes I was good to go🙌 Thank you for your help and time
Any guidance or tips to take the Florida state exam ?
I passed my exam, thank you so much for taking the time out to share your notes with us. This really helps the mist of my study. I also watched your videos to understand what it was that I was studying.
You are AMAZING Queen. I'm studying now and your tips are so helpful.
Thanks! Did you pass? wish I caught your comment sooner. Email me if I can help you with the Life Insurance exam. ThePurposeFilledWoman@gmail.com
This is great information!!!! i have taken the test once and failed by about 10 questions. BC of your videos i am alot more confident! will come back to thank you when i pass!
Thank you for helping me understand better. I appreciate you. My test starts in 8 minutes for Cal Life and Health. Please everyone pray for me.
Did you pass?
I just signed up for my life insurance pre-license classes as well as P&C. I just turned 50, and I feel a real calling to do this and I’m looking forward to digging in and working in a lucrative field that helps and takes care of others. Thank you for these videos!
I’m excited for you! Let me know when you pass!!! You got this!
You are amazing teacher, Lady! Thank you! Didn't passed on my first exam, no excuse but just not enough time to study...being a full time parent and worker, and balancing personal life too. Tomorrow is my second attempt, forget the book...Will be listening to your videos all day! Good luck to me, I got this lol
This video helped me pass the first time for my life and health insurance exam.
Besides this video what else u use to help you pass?
@@missperez9343 I am working on creating a guide with my notes and a Facebook Group to support you guys. Email me if you want those notes- thepurposefilledwoman@gmail.com
I am so excited to hear that!
@@missperez9343 Kaplan's course and various videos on health and life insurance that are on youtube.
I will be emailing you I need all the information I can get.
This a GIFT! my test is tomorrow afternoon and I will absolutely PASS!!! THANK YOU
Update: I PASSED!
I’m so super excited for you!
I failed my first test on Friday and after finding your videos i was able to pass my second attempt today!
Excellent!!!!
You rescheduled that fast?
@@princejames5095 😂😂😂😂
Thank you so much for helping all of us! It's definitely important to know your stuff as a life insurance agent. I really appreciate your time and effort! I wrote something earlier too, but I accidentally deleted it while trying to edit it. In summary I have hope that it's all going to workout with just enough care as everything in life. I do enjoy helping people get the resources they deserve and explaining to them. I wish everyone here the best!
Not sure how I was lead to you & your channel.. but I must THANK YOU for sharing your wisdom! I just PASSED my exam! I am now a .. Licensed Life Accident & Health Agent for the STATE of CALIFORNIA!
~Blessings 💖✨
I passed my life and health exam with an 86% today in New Mexico, your videos absolutely helped me to get a better understanding on hard topics, especially taxation on Life Insurance. Thank you so much Tyra ❤
Thank you so much for your videos. I passed my life insurance test today after an unsuccessful first attempt. You are a life saver. Congrats on your baby. God bless you.
Thank you so much! I passed my exam 1st try thanks for the tips! Good luck everyone! Believe you can do it and you can!
That’s awesome news!!!!!
Listening to this while I’m at the Gym and reading throughout the day. Thank you for your time to teach! Anthony from New Jersey
I appreciate your taking the time to share your notes
My pleasure
I watched almost all your videos yesterday before taking the state exam, then I passed at the first try.
I thank God first then you for your clear and very helpful explanations
Im taking my exam today, Ive watched this video 10 times and written notes over and over again, but I'm still so nervous. Wish me luck!
By far the best exam prep video I’ve seen!! Thank you so much!! ❤
Have you took your exam yet ?
Thank you, thank you, thank you!! I passed my life insurance exam with a 82🎉🎉🎉🎉
You're an angel 😇 . I kept reading the same thing over and over, it made no sense. Please make a 2nd video, when you have time.
I thought I was the only one....OMG...so happy I found this vid....can't wait for P2....
I will work on it soon! I apologize for not doing it sooner.
Email me if I can help you- thepurposefilledwoman@gmail.com
Dear am looking to take the exams. Your help is appreciated! Thanks
Thank you so much... I just feel I will pass because what you are breaking down I remember from the test. PSI remote exam. Thank you and pray for me!
How did you do?
I have taken my exam 4 times and failed. I had a difficult time understanding the concept of insurance. with your explanations in the concepts is helping me.
hey dont worry i took my exam today this is the 4th time my exam is 107 question and its hard but dont give up
I’m excited to hear that
Thank you for this video. I added these to my study guide playlist. I'll be using these for weeks. I'm over preparing so I really know and understand the material.
My steps when studying
1. Watch training videos / study guide videos all the way through. Then watch later a second time and take notes.
2. Read through some free ebooks on life insurance.
3. Buy the exam cram for life insurance book.
4. Use that exam cram book to use for written study guide.
5. Create flash cards and test myself
6. Take free online practice tests.
7. Talk about it with a friend / have a friend help study.
This was great, wish you had a part 2!
I finally posted part 2- sorry for the delay
I had my test today , and I passed at my first try !!!!! THANK YOU SO MUCH !!! Your videos helped me a lot .
Yay!!!
Got a job offer, and they asked me to get licensed. They provided the curriculum. However, they want me to study for a week and take the state exam. When you said, "This is not an exam, I would cram for" I knew the expectation felt a bit unrealistic especially for a 24 year old who never dealt with insurance. The others who were recruited are my age as well and were ripping out hairs hoping to meet the criteria.
Thank you for this video, it's helped me grasp more than I did by myself in front of a computer, but I also don't feel pressured anymore to meet this expectation, some in the comments had months to prepare, where I only have 7 days 😢
How did it go did I pass?
Hi, I live in Ga. I am taking my life insurance exam on Jan. 19th, 2022.
Did you pass
1st let me say finding your videos was one of the best things I could have found on TH-cam ! 2nd Thank you thank you thank you so much for the time and effort you put into all of these videos! I took my Texas life and health exam and Scored an 82 on my first try !
Awesome!!!!!
Omg this was crazy amazing!! I had no idea what was going on untill I watched this video frfr!! Holly molly. Thank you so much. Your great at explining things.
I ran across your video last week... Along with my course and studies, I truly believe this video helped me, today I PASSED MY EXAM 🙌🏾 Thanks for sharing... I'll be sharing your site!
Thank you. I studied for the test using your videos andI passed my test on the first try I made a 77 on the first try. So again thank you.
thank you so much I have passed with 75 after watching your videos and reading your note just all that in one night may God bless you.
Thanks to your notes, I’m no longer anxious about sitting my upcoming examination at the end of this month.
Hello. I just ordered the notes but am unable to download them. How did you access them? Thanks.
I have my exam tomorrow and I’m nervous but I’m gonna listen to you and and bring down my anxiety levels and listen to this video 😭
Excellent! How did your exam go?
I passed my life exam today. Thank you for your understandable explanation to this exam ! It helped so much
Passed on first attempt yesterday after reviewing your videos on the night before, thanks!
I just got started in my pursuit of becoming a licensed agent. I loved this video so much. You explain things so well and I’m super inspired!
Did you pass?
I’m determined to give my life a refreshing change but exam Ex and my life and the way I learn are oil and water I’m praying that These videos are going to help me pass. Thanks
I want to thank you for your videos!! They helped me pass my life and disability test that! The information you provided was vital to my success
I appreciate hearing that. Glad I could help.
Because of you Tara !! I pass my final exam Thank you so much
I failed my exam twice before finding your TH-cam channel. I feel so much more confident after taking notes on your seminar. You were so much clearer on the concepts than my actual course and I feel more peace of mind approaching my third exam on Monday. Thank you
I’m so glad to hear that! Keep me posted. I pray you pass!
How did you do? I’m just starting this new journey.
Did you pass?
Thank you kindly. I suffer PTSD so this was an experience for me! BLESSINGS
Same ! I learn pretty slowly cause my brain is always thinking about other things
Congratulations on not giving up!
I’m a bit ADD so I totally understand. I’m glad you keep going. It will always work out if you don’t quit
The fact that you give me examples and talk with so much detail in a non monotone voice makes me feel at ease.
Thank you so much. I will hear your videos a lot
I just found your video.. I'm studying for my insurance license and YOU ARE MY BLESSING I was having trouble but the way you are presenting the knowledge. I'm understanding it. Thank you so very much
I’m glad I could help!
Wish you had more videos about all the topics.
You are blessed with Amazing ability to explain in a way that it sinks in.
Hello Tyra, Thank you for your videos. In addition to studying I listened to your videos over and over for two weeks before my exam. I passed on the first try. The way you explained the concepts made it simple and easy to understand. Bless you.
God bless you Woman of God! I watched your videos and they were so clear, professional and articulate! I read and studied but with your videos it became clearer to me! I passed my exam this morning! Praise God! I’m so proud of you!
So sorry I meant to come back and comment months ago! Passed my test June 28th on my first try! I give all of the credit to you I ate slept and bathed while listening to you! You are heaven sent!
Girl you have an awesome vibe ~ keep that uplift going girl. Thank you.
Thanks so much!
man this is so helpful. I'm glad I found your videos
Awesome!
Thank you so much for your videos! I passed my Life/Health test today on the first try and your notes played a huge role in that! I appreciate you helping me have a much better understanding of everything I was studying! 😁
That’s excellent! Congratulations!!!!
Did you buy her notes or what did you use ?
Thankyou for sharing your notes and knowledge. This a.m I officially passed my Florida licensing exam and you were definitely a big part of making that happen for me.
Thanks for helping me to past my exam here in Jamaica 🇯🇲
Wow! That’s excellent! I didn’t know I had anyone studying all the way in Jamaica!!!!
Thank you, for your time to take and help people to past their Life Insurance exam.
My pleasure!
This video eased my test anxiety so much. You’re awesome!
My pleasure!
great video series! watched them yesterday and passed my test today!
You rock! Congratulations!
morgan what else other than the videos did you use that helped with passing your exam? Or did you only need these wonderful videos to pass?:) I'm currently using License Coach and not sure if it's helping that much.
This is beyond helpful an once I get my license I’m treating you to dinner via cashapp because you are extremely helpful! I’m literally writing down every word that comes out your mouth! After this then imma study! So I can really know what to look for! Thank you so much!
Thank you for making this information available. Helped me a ton to study and pass the exam. Also bought the notes from the website.
I’m so excited to hear that!
Her voice!!! So soothing!! Love her!
Thank you for your videos. I passed my life and health exam today🎉
Thank you for sharing i got your notes and passed my 2/14 Florida exam today
Congratulations!
Can you share the notes? I am taking the FL exam next week.
I’m so glad you highlighted how life insurance is serving widows and orphans. How many times does the Lord charge us to do this and this is a way to be obedient. Awesome! Thanks for sharing
Thank you for sharing your wisdom and knowledge and expertise I was reading my books to understand, but your video explains a lot beyond the way you giving a scenario that makes a complete sense. I'm taking my life insurance exam in few weeks. Your videos helping me out. Thank you so much for Insightful information. God bless you Mam...!!
Thanks! Please keep me posted on how you do!
I’m five minutes in and already learning!! Thanks for this!!🤲🏾🚀
Thank you so much!! Appreciate the help, I just started studying for life and health insurance. You have a beautiful voice too-very easy to listen to
Thanks so much for the compliment! You made my day.
Was just researching on getting a license to sell insurance and the comments to this vid have me even more interested
Passed my test today! This helped so much to overview on my drive to the test! Thank you!!
*I am currently a Talent Aquisition Mngr and I will be sharing your videos with everyone I can! Thank You Tyra!❤😌🙏🏿
My pleasure! Let me know when your folks pass this test! Let’s get it!
I was using examFX and didn’t feel comfortable two days before my exam. Luckily I found you! I listened to your video on my way to my test this morning and I passed :)
Thank you!!!! This was amazing for helping me prepare! I have my test on Thursday...wish me luck! 😬
Good Luck!!
Beat of luck!!
This was very helpful. I was having such a hard time getting back into a good study habit and having to sit and read when my mind had become accustomed to learning through audio and video. I will update after I take my test.
Good luck!!!!!
did you pass ?
I've just started my licensing journey and this has been so helpful with my studying. Thank you for sharing this!
Great understanding of the insurance business and the tangible side notes are priceless ❤
Hey y’all, I’m 20 years old from Texas im gonna be taking the life insurance license exam very very soon
I’m gonna be tuning into this video leading up to when I take it
One of the best video on Insurance as a Whole came across today.
Thank you very much Queen. I am learning and sharing too.❤❤❤❤❤❤❤❤
God bless you please pray for me that is this is the path God has for me and my family I give it my all .I have been with car insurance and ready to just aim high and help myself and others learn to retire and be prepared financially.i am a single mom and I'm 30 🙏
Keep us updated on how its going. Did you finish your studies? YOU CAN KNOCK THIS OUT! Do not give up.
@@thepurposefilledwoman your so sweet and heavenly sent. I still have halfway to go, this morning I woke up feeling so unsure of myself so alone, and here you are too motivate me. God bless you sis🙏💕
Great video and information thanks for sharing your notes helping spread the knowledge for success I will be watching pt 2 and continue to take my notes, I plan on taking my Test in the next 2 weeks and I know I PASSED! Thanks again
Thanks for your videos! I only had a very limited time (less than a week) to study for this test and your videos helped me pass!
Any books you recommended I have less than a week as well ?
Did you pass? + have advice 😭 I’m short on time too and stressed about it