EXAM COVERAGE
Tennessee Life Insurance Exam
State Insurance Regulations
Tennessee Department of Commerce & Insurance rules
Licensing requirements, appointments, and continuing
education
Agent responsibilities and fiduciary duties
Unfair trade practices and disciplinary actions
Life Insurance Basics
,Types of policies: term, whole, universal, variable
Policy structure: premiums, death benefits, cash value
Beneficiaries, ownership, and assignment
Policy Provisions & Options
Standard provisions: grace period, reinstatement,
incontestability
Riders: waiver of premium, accidental death, accelerated
benefits
Settlement options and policy loans
Underwriting & Risk Classification
Risk factors and medical underwriting basics
Preferred, standard, substandard classifications
Factors affecting premiums
Annuities & Retirement Planning
,Fixed, variable, and indexed annuities
Immediate vs. deferred annuities
Basic retirement planning concepts
Taxation & Federal Laws
Tax treatment of premiums, cash value, and death benefits
ERISA basics
Social Security considerations
Ethics & Consumer Protection
Suitability standards
Fraud awareness and reporting
Confidentiality and recordkeeping
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