How this course works, what to expect on the state exam, and how to study effectively.
7 lessons · 41 min
1.A. Course Development3 min2 blocks
2.B. Features and Benefits5 min7 blocks
3.C. Study Tips5 min1 block
4.D. Test Taking Tips6 min1 block
5.E. About the Exam8 min6 blocks
6.F. Exam Breakdown8 min7 blocks
7.G. Recommended Study Steps6 min11 blocks
2. Chapter 1: Basic Insurance Concepts and Principles
The foundational terms, risk concepts, and legal principles behind every insurance contract.
16 lessons · 185 min
1.Introduction5 min2 blocks
2.A. Insurance (CIC 22)15 min7 blocks
3.B. Definition and Types of Risk10 min3 blocks
4.C. Perils and Hazards15 min7 blocks
5.D. Law of Large Numbers10 min4 blocks
6.E. Loss Exposure15 min7 blocks
7.F. Adverse Selection8 min2 blocks
8.G. Risk Situations that Present the Possibility of Loss12 min6 blocks
9.H. Risk Management Techniques15 min13 blocks
10.I. Ideally Insurable Risks15 min8 blocks
11.J. Insurable Events12 min5 blocks
12.K. Insurable Interest12 min5 blocks
13.L. Indemnity12 min4 blocks
14.M. Utmost Good Faith6 min1 block
15.Chapter Recap8 min7 blocks
16.Chapter QuizQuiz15 min12 blocks
3. Chapter 2: Contract Law
Contract law vs. tort law, the elements and special characteristics of insurance contracts, and the legal terms that govern them.
10 lessons · 114 min
1.Introduction5 min2 blocks
2.A. Contract Law vs. Tort Law8 min7 blocks
3.B. Four Elements of a Contract12 min12 blocks
4.C. Special Characteristics of an Insurance Contract15 min13 blocks
5.D. Legal Terms20 min25 blocks
6.E. Rescission8 min4 blocks
7.F. Six Specifications for Insurance Policies (CIC 381)8 min3 blocks
8.G. Important Terms15 min13 blocks
9.Chapter Recap8 min4 blocks
10.Chapter QuizQuiz15 min13 blocks
4. Chapter 3: Life Insurance Basics
The uses of life insurance, the process of issuing a policy, cancellation and replacement rules, and life settlements.
7 lessons · 149 min
1.Introduction5 min2 blocks
2.A. Uses of Life Insurance25 min63 blocks
3.B. Process of Issuing a Life Insurance Policy35 min181 blocks
4.C. Policy Cancellation and Replacement30 min56 blocks
5.D. Life Settlements15 min15 blocks
6.Chapter Recap9 min9 blocks
7.Chapter QuizQuiz15 min11 blocks
5. Chapter 4: Types of Life Policies
The major types of life insurance policies — term, whole life, flexible premium, variable, group, and credit life — their characteristics and appropriate uses.