Life Insurance Exam [National] 38 – Credit Life Insurance Explained

カートのアイテムが多すぎます

ご購入は五十タイトルがカートに入っている場合のみです。

カートに追加できませんでした。

しばらく経ってから再度お試しください。

ウィッシュリストに追加できませんでした。

しばらく経ってから再度お試しください。

ほしい物リストの削除に失敗しました。

しばらく経ってから再度お試しください。

ポッドキャストのフォローに失敗しました

ポッドキャストのフォロー解除に失敗しました

Life Insurance Exam [National] 38 – Credit Life Insurance Explained

無料で聴く

ポッドキャストの詳細を見る

概要

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Exam. In this episode you will learn: • Credit life insurance is a specialized form of decreasing term insurance where the face amount matches the outstanding loan balance. • The creditor is the policyowner and beneficiary, while the debtor is the insured party. • The death benefit is paid directly to the lender to extinguish the debt and cannot exceed the amount of the indebtedness. • Lenders are prohibited from requiring borrowers to purchase credit life insurance from a specific insurer as a condition of the loan. • If a debt is paid off early, the insurance coverage must be terminated and any unearned premiums must be returned to the borrower. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep

まだレビューはありません