Annuities on the Insurance Exam

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Annuities on the Insurance Exam

Рет қаралды 31,081

Insurance Exam Queen

Жыл бұрын

Пікірлер: 86

@johndezarn4303 2 ай бұрын

It's 8:40 pm here in Texas, I take my state exam at 10 am tomorrow. I'm stoked. If any of you pray, toss one my way!

@insuranceexamqueen 2 ай бұрын

Go here, click on recommendations and then scroll to your state to see the most important topics for your exam: www.insuranceexamqueen.com/

@thecrazypoet Ай бұрын

How did you do on your exam?

@PuddlesLovesBooks Жыл бұрын

Finally I understand the “I want my money now” ads 😂😂

@sugeilyindira4124 Жыл бұрын

You should be the person writing these books bc the way they have worded these chapters... Lordt!!! You have no idea how easy you make it sound and I understand 1000%! Wish I knew about you before my 1st try! 😢

@irieadams8832 2 ай бұрын

Where did you find a book? My library has nothing

@joshuaramirezcarrero3175 Ай бұрын

I spent couple hours per chapter in my course (mandatory) and then I come here to really understand everything! Thank you so much! I’m presenting IL life & health this week 😥

@insuranceexamqueen Ай бұрын

Go here, click on recommendations and then scroll to your state to see the most important topics for your exam: www.insuranceexamqueen.com/

@2633Kristinm 9 күн бұрын

I'm in TX and watching before my Exam. Well explained. Love the JG Wentworth explanation :) Thank you!

@insuranceexamqueen 9 күн бұрын

Glad it was helpful! Best of luck to you!

@thierrypierrelouis722 Жыл бұрын

Awesome video! I'm so grateful for the way you explained the difference between life insurance and annuity!

@kaylaallen4677 19 күн бұрын

You are absolutely amazing, you make insurance so easy to understand!

@insuranceexamqueen 19 күн бұрын

If you used my material, free or paid, or got support here in the group, I would love a five-star review that mentions your state and your exam if you are able: g.page/r/CZcozaK-XyddEAI/review

@breannebasom895 Жыл бұрын

I’m taking the Life and Health exam in Louisiana, P&C took me 5 times so praying this one is easier

@insuranceexamqueen Жыл бұрын

It is easier!! Hello! I am Melissa, the Insurance Exam Queen. Read this message to know what’s important for your state exam, what you should focus on as you study, how you should study, and how I can help you secure a passing score on your exam! I have helped thousands of people pass their insurance licensing exam. Companies from United Healthcare to Hagerty have requested that I be their instructor for all their new hires in order to secure a pass as quickly as possible. During my years of working for them, and securing high pass rates, I was able to determine the quickest and fastest way to pass the exam. My method is to focus on the most tested topics, and knowing and understanding the most tested topics instead of memorizing practice exam questions. You should NOT be doing quizzes or practice exams very much and if you are- STOP. The questions in your course will not be the same questions on your exam. Knowing and understanding the material will serve you far better than multiple hours doing practice questions which is why my class series recordings make such a difference and why I have over 140 5-Star Reviews on my Google Business Page. My teaching style is very casual, I keep things simple, I use memorization techniques, and I create a lot of charts and graphs as visuals to help you understand the material. Below, I have written up what is most important for your state exam, and where you should spend your time during your studies. The easiest and most tested chapters are General Insurance, Life Basics, Life Provisions, Term vs Whole, Annuities, Health Basics, Health Provisions, Disability Insurance, Medical Plans and State Law and I cover all of them in my Royal Treatment Class Series. General Insurance is the foundational chapter and when you know it well, it helps with all the other chapters. Most states will range in how much this chapter is tested typically being around 5% to 10%, but since it’s the foundation for all else, you want to be decent in knowing these terms, especially anything related to contract law. With the life and health exam, there are separate chapters that make up the content when you look at the exam breakdown. What I like to do since I know and understand the information within all of the chapters, is to focus on the content that is the same between life and health. This way you get to double dip on your learning, and not be overwhelmed with all the things you have to know. So first, we focus on the things that overlap. Life Basics and Health Basics overlap as well as Life Provisions and Health Provisions. Both of these chapters almost look identical between life and health, but the life provisions chapter will also include Settlement Options for Life Insurance and Non Forfeiture Options. Life Basics is also known as completing the app and health Basics also known as field underwriting and both chapters are all about the application process an agent goes through when selling a policy as well as the basics of life/health insurance. While you will learn in your studies all about the various life policies, they love to test you on Term Vs Whole and the differences between them more than other life policies. Annuities which are actually the opposite of life insurance requires mostly knowing all the definitions, Annuitant, Annuitization, Accumulation, etc. Next up are provisions. While there are different provisions in life and different provisions in health, many of them will overlap. Provisions are things that kind of set the rules for how policies work and a good amount of them are simply definitions, and many do require memorization of numbers. Provisions also tends to be one of the largest chapters on all state exams, sometimes even up to 25% or more of the exam is just on provisions. For health, they really like you to know the difference between HMO and PPO, as well as a good understanding of disability insurance. Lastly, you want to be really decent in state law. Most state exams will have this chapter at around 20% or more of the exam. While every state is different and has different numbers, you need to know which numbers are important, and which things you should memorize from this chapter. I teach that information in my insurance regulations classes which are included in all my Royal Treatment Class Series. Right now, I have three options for the Royal Treatment Life and Health and both come with 100 Day Access. The Sliver Life and Health Series will cover a simple review of the most tested topics across all states. The Gold Life and Health Series will cover an in depth review of the most tested topics across all states. Personal Platinum is Gold + Silver + the ability to talk to me daily as you study in Group Tutoring Telegram Group, it’s like having me on speed dial! Additionally, as part of Platinum you get to attend all classes I host for Life and Health for free during your 100 days access. Plus you’ll have access to previous Boot Camp recordings that are not available anywhere else. You can find everything here: www.insuranceexamqueen.com/ Any Live Classes and Games Nights with Peter Can be found here: www.insuranceexamqueen.com/liveclassschedule If you want One-On-One Tutoring you can book with Peter Here: wkf.ms/3LSJC2B Check out all my Free Resources including Games, my Study Group and Student notes here: www.insuranceexamqueen.com/free-insurance-exam-resources If any of my content has helped you at all, please leave a five-star review here: g.page/r/CZcozaK-XyddEAI/review

@katieflowers1347 Жыл бұрын

Thank you for all your videos! I passed today and a lot of it is because of you! You're truly the queen! positive vibes and great energy before the test and I did wonderful!

@insuranceexamqueen Жыл бұрын

Yes! Congrats!! If you used my material, free or paid, or got support here in the group, I would love a five-star review that mentions your state and your exam if you are able: g.page/r/CZcozaK-XyddEAI/review

@tianalove7688 Ай бұрын

Passed on my first try your videos plus Xcel helped thanks so much!

@insuranceexamqueen Ай бұрын

@michelleschultz2299 Жыл бұрын

Thank you so much for your videos. I passed my state exam today with your help. Wishing you all the best! Thank you

@insuranceexamqueen Жыл бұрын

Yes!! Congrats!!

@grahambahamas 4 ай бұрын

WOOP WOOP!!! Awesome

@torresejohnson2146 3 ай бұрын

Passed my life & health in Michigan finally after numerous attempts! I also purchased your quizzes, which are helpful. Your ability to breakdown terms is truly remarkable.

@insuranceexamqueen 3 ай бұрын

@lesshustlebetterpay 5 ай бұрын

I haven’t been able to understand this until now. Thank you for this so much!

@insuranceexamqueen 5 ай бұрын

You are so welcome! Go here, click on recommendations and then scroll to your state to see the most important topics for your exam: www.insuranceexamqueen.com/

@LozaFoto Ай бұрын

thank you so much for your help videos :)

@AboutBritney Жыл бұрын

You are so good at explaining things!

@insuranceexamqueen Жыл бұрын

Thank you!

@kylepopell3585 9 ай бұрын

You do a good job explaining very helpful. Thank you for what you’re doing.

@insuranceexamqueen 9 ай бұрын

Glad it was helpful!

@theshiftisreal 8 ай бұрын

THANK YOU SOOOOO MUCH. I was freaking out about my test and you have made this soooo easily digestible. Thank You

@insuranceexamqueen 8 ай бұрын

Glad it helped!

@jacquescherizol5397 8 ай бұрын

Past GA Life & Health today 🎉 Thanks to you and Peter

@insuranceexamqueen 8 ай бұрын

@Wendy-choosejoy Ай бұрын

You rock in your teaching! Good vibes!

@insuranceexamqueen Ай бұрын

Thank you!

@mandee785 8 ай бұрын

Your videos are SOOO helpful! Do you have any videos breaking down The payor benefit rider vs Children's Term & Family Term rider? Thank you for being SO helpful!

@insuranceexamqueen 8 ай бұрын

I do in my gold class series!Go here, click on recommendations and then scroll to your state to see the most important topics for your exam: www.insuranceexamqueen.com/

@irieadams8832 2 ай бұрын

Thank you so much for your help ❤

@insuranceexamqueen 2 ай бұрын

You're welcome 😊 Go here, click on recommendations and then scroll to your state to see the most important topics for your exam: www.insuranceexamqueen.com/

@thecrazypoet Ай бұрын

My wife is taking her exam in a few days and she raves about you. I am sharpening up on things to be familiar myself and help keep her sharp in our conversations. Keep her in your prayers.

@insuranceexamqueen Ай бұрын

Wishing her all the love and all the vibes to pass the exam ❤️

@thecrazypoet Ай бұрын

@@insuranceexamqueen she passed with an 86. Thanks a lot for your course. It really helped a lot

@hkramer26 Ай бұрын

Taking L/H/FIA tomorrow and P&C next week! Wish me luck

@rachelhawkins-luckett5647 Жыл бұрын

someone i n Arkansas told me about your training,, I missed the test about 12 points .

@insuranceexamqueen Жыл бұрын

Life and health of just life?

@Krishna.091 Ай бұрын

Your videos are very informative, could you please explain decreasing term policy, I’m really confused with the questions on this topic ❤❤❤

@insuranceexamqueen Ай бұрын

This question would be better asked in the FB group. Find Study Support in my Facebook Group: facebook.com/groups/1082073882582049 Go here, click on recommendations and then scroll to your state to see the most important topics for your exam: www.insuranceexamqueen.com/

@TheJARLATH1000 5 ай бұрын

There are exceptions to Annuitization before 59 1/2 and not getting the 10% penalty. First, sec 72(t) allows for SEPP substantially equal periodic payments. This avoids the 10% penalty. Also, a SPIA purchased directly with non-qualified money escapes the penalty as well.

@insuranceexamqueen 5 ай бұрын

My videos aim to provide information for testing purposes. "Things you could potentially see on your exam" nothing extra.

@eugeniaseeling5920 5 ай бұрын

I was about to say, if I heard this I would just get super confused haha. I love your videos they're very digestible and I love the examples!

@MoriiSaysWhat 11 ай бұрын

I'm taking Health Exam tomorrow in WA...Pretty excited

@insuranceexamqueen 11 ай бұрын

Hello! I am Melissa, the Insurance Exam Queen. Read this message to know what’s important for your state exam, what you should focus on as you study, how you should study, and how I can help you secure a passing score on your exam! I have helped thousands of people pass their insurance licensing exam. Companies from United Healthcare to Hagerty have requested that I be their instructor for all their new hires in order to secure a pass as quickly as possible. During my years of working for them, and securing high pass rates, I was able to determine the quickest and fastest way to pass the exam. My method is to focus on the most tested topics, and knowing and understanding the most tested topics instead of memorizing practice exam questions. You should NOT be doing quizzes or practice exams very much and if you are- STOP. The questions in your course will not be the same questions on your exam. Knowing and understanding the material will serve you far better than multiple hours doing practice questions which is why my class series recordings make such a difference and why I have over 900 5-Star Reviews on my Google Business Page. My teaching style is very casual, I keep things simple, I use memorization techniques, and I create a lot of charts and graphs as visuals to help you understand the material. Below, I have written up what is most important for your state exam, and where you should spend your time during your studies. The easiest and most tested chapters are General Insurance, Health Basics, Health Provisions, Disability Insurance, Medical Plans and State Law and I cover all of these in my Royal treatment Class Series. General Insurance is the foundational chapter and when you know it well, it helps with all the other chapters. Most states will range in how much this chapter is tested typically being around 5% to 10%, but since it’s the foundation for all else, you want to be decent in knowing these terms, especially anything related to contract law. All my Royal Treatment Class Series include a General Insurance Terms Class. Health Basics is also known as field underwriting and it’s all about the application process an agent goes through when selling a policy as well as the basics of health insurance. Next up are provisions. Provisions are things that kind of set the rules for how policies work and a good amount of them are simply definitions, and many do require memorization of numbers. Provisions also tends to be one of the largest chapters on all state exams, sometimes even up to 25% or more of the exam is just on provisions. For health, they really like you to know the difference between HMO and PPO, as well as a good understanding of disability insurance. Lastly, you want to be really decent in state law. Most state exams will have this chapter at around 20% or more of the exam. While every state is different and has different numbers, you need to know which numbers are important, and which things you should memorize from this chapter. I teach that information in my insurance regulations classes which are included in all my Royal Treatment Class Series. Right now, I have three options for the Royal Treatment Life and Health and both come with 100 Day Access. The Sliver Life and Health Series(skip the life videos) will cover a simple review of the most tested topics across all states. The Gold Life and Health Series(skip the life videos) will cover an in depth review of the most tested topics across all states. Plus you’ll get Silver as well. Personal Platinum is Gold+ Silver + the ability to talk to me daily as you study in Group Tutoring Telegram Group, it’s like having me on speed dial! Additionally, as part of Platinum you get to attend all classes I host for Life and Health for free during your 100 days access. Plus you’ll have access to previous Boot Camp recordings that are not available anywhere else. You can find everything here: www.insuranceexamqueen.com/ Any Live Classes and Games Nights with Peter Can be found here: www.insuranceexamqueen.com/liveclassschedule If you want One-On-One Tutoring you can book with Peter Here: wkf.ms/3LSJC2B Check out all my Free Resources including Games, my Study Group and Student notes here: www.insuranceexamqueen.com/free-insurance-exam-resources If any of my content has helped you at all, please leave a five-star review here: g.page/r/CZcozaK-XyddEAI/review

@dannyguerra777 2 ай бұрын

smashed the like button

@insuranceexamqueen 2 ай бұрын

Yesss. Go here, click on recommendations and then scroll to your state to see the most important topics for your exam: www.insuranceexamqueen.com/

@ptHomeHealth 7 ай бұрын

Correction: if you surrender a 401K retirement fund, the penalty is 10% (not 20 as you mentioned).

@tarachandler7851 Жыл бұрын

About to take AR L&H. Annuities are tripping me up! Any specific guidance?

@insuranceexamqueen Жыл бұрын

Hello! I am Melissa, the Insurance Exam Queen. Read this message to know what’s important for your state exam, what you should focus on as you study, how you should study, and how I can help you secure a passing score on your exam! I have helped thousands of people pass their insurance licensing exam. Companies from United Healthcare to Hagerty have requested that I be their instructor for all their new hires in order to secure a pass as quickly as possible. During my years of working for them, and securing high pass rates, I was able to determine the quickest and fastest way to pass the exam. My method is to focus on the most tested topics, and knowing and understanding the most tested topics instead of memorizing practice exam questions. You should NOT be doing quizzes or practice exams very much and if you are- STOP. The questions in your course will not be the same questions on your exam. Knowing and understanding the material will serve you far better than multiple hours doing practice questions which is why my class series recordings make such a difference and why I have over 140 5-Star Reviews on my Google Business Page. My teaching style is very casual, I keep things simple, I use memorization techniques, and I create a lot of charts and graphs as visuals to help you understand the material. Below, I have written up what is most important for your state exam, and where you should spend your time during your studies. The easiest and most tested chapters are General Insurance, Life Basics, Life Provisions, Term vs Whole, Annuities, Health Basics, Health Provisions, Disability Insurance, Medical Plans and State Law and I cover all of them in my Royal Treatment Class Series. General Insurance is the foundational chapter and when you know it well, it helps with all the other chapters. Most states will range in how much this chapter is tested typically being around 5% to 10%, but since it’s the foundation for all else, you want to be decent in knowing these terms, especially anything related to contract law. With the life and health exam, there are separate chapters that make up the content when you look at the exam breakdown. What I like to do since I know and understand the information within all of the chapters, is to focus on the content that is the same between life and health. This way you get to double dip on your learning, and not be overwhelmed with all the things you have to know. So first, we focus on the things that overlap. Life Basics and Health Basics overlap as well as Life Provisions and Health Provisions. Both of these chapters almost look identical between life and health, but the life provisions chapter will also include Settlement Options for Life Insurance and Non Forfeiture Options. Life Basics is also known as completing the app and health Basics also known as field underwriting and both chapters are all about the application process an agent goes through when selling a policy as well as the basics of life/health insurance. While you will learn in your studies all about the various life policies, they love to test you on Term Vs Whole and the differences between them more than other life policies. Annuities which are actually the opposite of life insurance requires mostly knowing all the definitions, Annuitant, Annuitization, Accumulation, etc. Next up are provisions. While there are different provisions in life and different provisions in health, many of them will overlap. Provisions are things that kind of set the rules for how policies work and a good amount of them are simply definitions, and many do require memorization of numbers. Provisions also tends to be one of the largest chapters on all state exams, sometimes even up to 25% or more of the exam is just on provisions. For health, they really like you to know the difference between HMO and PPO, as well as a good understanding of disability insurance. Lastly, you want to be really decent in state law. Most state exams will have this chapter at around 20% or more of the exam. While every state is different and has different numbers, you need to know which numbers are important, and which things you should memorize from this chapter. I teach that information in my insurance regulations classes which are included in all my Royal Treatment Class Series. Right now, I have three options for the Royal Treatment Life and Health and both come with 100 Day Access. The Sliver Life and Health Series will cover a simple review of the most tested topics across all states. The Gold Life and Health Series will cover an in depth review of the most tested topics across all states. Personal Platinum is Gold + Silver + the ability to talk to me daily as you study in Group Tutoring Telegram Group, it’s like having me on speed dial! Additionally, as part of Platinum you get to attend all classes I host for Life and Health for free during your 100 days access. Plus you’ll have access to previous Boot Camp recordings that are not available anywhere else. You can find everything here: www.insuranceexamqueen.com/ Any Live Classes and Games Nights with Peter Can be found here: www.insuranceexamqueen.com/liveclassschedule If you want One-On-One Tutoring you can book with Peter Here: wkf.ms/3LSJC2B Check out all my Free Resources including Games, my Study Group and Student notes here: www.insuranceexamqueen.com/free-insurance-exam-resources If any of my content has helped you at all, please leave a five-star review here: g.page/r/CZcozaK-XyddEAI/review

@Beautifuluproductions 6 ай бұрын

My father had a insurance but it has GRA beside it I don’t know what that stands for

@insuranceexamqueen 6 ай бұрын

GRA stands for Group Retirement Annuity. It is a type of retirement plan that is typically offered by employers to their employees

@derekholliday8032 3 ай бұрын

Thank you thank you!

@insuranceexamqueen 3 ай бұрын

You so welcome!

@MaricelaJauregui-n9b Ай бұрын

California Life Health and sickness, help I failed my first attempt.

@insuranceexamqueen Ай бұрын

Go here, click on recommendations and then scroll to your state to see the most important topics for your exam: www.insuranceexamqueen.com/

@alexaloya8747 Жыл бұрын

thank you for this!!!!

@insuranceexamqueen Жыл бұрын

You're so welcome!

@frankkalloniatis6570 Жыл бұрын

Nice

@insuranceexamqueen Жыл бұрын

Thank you!

@alycecarr3380 11 ай бұрын

Hello Insurance exam Queen I'm in Atlanta GA USA taking the life and health exam which course should I study with you?

@insuranceexamqueen 11 ай бұрын

Hello! I am Melissa, the Insurance Exam Queen. Read this message to know what’s important for your state exam, what you should focus on as you study, how you should study, and how I can help you secure a passing score on your exam! I have helped thousands of people pass their insurance licensing exam. Companies from United Healthcare to Hagerty have requested that I be their instructor for all their new hires in order to secure a pass as quickly as possible. During my years of working for them, and securing high pass rates, I was able to determine the quickest and fastest way to pass the exam. My method is to focus on the most tested topics, and knowing and understanding the most tested topics instead of memorizing practice exam questions. You should NOT be doing quizzes or practice exams very much and if you are- STOP. The questions in your course will not be the same questions on your exam. Knowing and understanding the material will serve you far better than multiple hours doing practice questions which is why my class series recordings make such a difference and why I have over 900 5-Star Reviews on my Google Business Page. My teaching style is very casual, I keep things simple, I use memorization techniques, and I create a lot of charts and graphs as visuals to help you understand the material. Below, I have written up what is most important for your state exam, and where you should spend your time during your studies. With the life and health exam, there are separate chapters that make up the content when you look at the exam breakdown. What I like to do since I know and understand the information within all of the chapters, is to focus on the content that is the same between life and health. This way you get to double dip on your learning, and not be overwhelmed with all the things you have to know. So first, we focus on the things that overlap. Completing the Application and Field Underwriting overlap as well as Life Provisions and Health Provisions. Both of these chapters almost look identical between life and health, but the life provisions chapter will also include Settlement Options for Life Insurance and Non Forfeiture Options. Completing the app and field underwriting and both chapters are all about the application process an agent goes through when selling a policy as well as the basics of life/health insurance. Next up are provisions. While there are different provisions in life and different provisions in health, many of them will overlap. Provisions are things that kind of set the rules for how policies work and a good amount of them are simply definitions, and many do require memorization of numbers. Provisions also tends to be one of the largest chapters on all state exams, sometimes even up to 25% or more of the exam is just on provisions. While you will learn in your studies all about the various life policies, they love to test you on Term Vs Whole and the differences between them more than other life policies. Annuities which are actually the opposite of life insurance require mostly knowing all the definitions, Annuitant, Annuitization, Accumulation, etc. For health, they really like you to know the difference between HMO and PPO, as well as a good understanding of disability insurance. Lastly, you want to be really decent in state law. Most state exams will have this chapter at around 20% or more of the exam. While every state is different and has different numbers, you need to know which numbers are important, and which things you should memorize from this chapter. I teach that information in my insurance regulations classes which are included in all my Royal Treatment Class Series. Right now, I have three options for the Royal Treatment Life and Health and both come with 100 Day Access. The Sliver Life and Health Series will cover a simple review of the most tested topics across all states. The Gold Life and Health Series will cover an in depth review of the most tested topics across all states. Plus you’ll get Silver as well. Personal Platinum is Gold + Silver + the ability to talk to me daily as you study in Group Tutoring Telegram Group, it’s like having me on speed dial! Additionally, as part of Platinum you get to attend all classes I host for Life and Health for free during your 100 days access. Plus you’ll have access to previous Boot Camp recordings that are not available anywhere else. . You can find everything here: www.insuranceexamqueen.com/ Any Live Classes and Games Nights with Peter Can be found here: www.insuranceexamqueen.com/liveclassschedule If you want One-On-One Tutoring you can book with Peter Here: forms.gle/THoi8TVEPyoRpzxh9 Check out all my Free Resources including Games, my Study Group and Student notes here: www.insuranceexamqueen.com/free-insurance-exam-resources If any of my content has helped you at all, please leave a five-star review here: g.page/r/CZcozaK-XyddEAI/review

@jeannielynn4682 Жыл бұрын

Testing on 3/20 NC Life Exam

@insuranceexamqueen Жыл бұрын

@Beautifuluproductions 6 ай бұрын

Is a GRA a Type of Annuity

@cookinwithbae6 2 ай бұрын

Can you get a lump sum

@insuranceexamqueen 2 ай бұрын

Not on an annuity, that's the point to slowly pay out

@user-ps6sf6zo6x Жыл бұрын

i think your the best

@insuranceexamqueen Жыл бұрын

I think you are too!

@user-ps6sf6zo6x Жыл бұрын

@@insuranceexamqueen great we can be great together

@user-gx6od4uj4w 4 ай бұрын

I thought it was 10 % if you took the money out

@insuranceexamqueen 4 ай бұрын

If you are not in the facebook study group yet, I highly suggest joining you. You can post questions here where others that are studying will also be able to chime in. facebook.com/groups/1082073882582049/ Go here, click on recommendations and then scroll to your state to see the most important topics for your exam: www.insuranceexamqueen.com/