Florida 40 Hour Pre-License Life Insurance Course

This 40 hour pre-license course for Florida life insurance professionals covers all of the mandatory topics outlined by the state of Florida.

We begin with the topic of types of policies and features. We start with the personal uses of life insurance, and from there explain the different types and features of life insurance policies. We also go over annuities in detail, including the basics concepts, premium payment options, and the differences between fixed and variable annuities.

The second topic covered in this course is policy riders, provisions, options, and exclusions. In this portion of the course we go over the specific riders available for life insurance, including the ability to add riders to a primary policy. After that, we cover the provisions and options available in a life insurance policy, such as the entire contract provision, consideration clause, and the grace period. At the end of the topic, we go over nonforfeiture options, reinstatement, dividends, and exclusions.

Our third topic goes over the basics for completing the application, underwriting, and delivering a policy. We begin with the specific information that goes on the application, as well as the consequence for incomplete applications. From there, we go over topics such as representations and warranties, receipts, underwriting basics, and unilateral contracts.

After that, we go over taxes, retirement, and other insurance concepts. In this portion of the course, we cover a variety of insurance concepts, including viatical settlement, social security benefits, qualified and non-qualified retirement plans, and the tax treatment of insurance premiums.

From here, our last two topics are on the state-specific statutes, rules, and regulations. First, we cover the statutes, rules, and regulations that are common to all lines of insurance. In the first part, we provide a basic overview of regulatory authorities such as the Department of Financial Services and the Office of Insurance Regulation. We also define many important terms as used in the state of Florida, and finish the first part with licensing requirements for Florida insurance professionals.

The second part of our coverage of laws that are common to all lines continues coverage of licensing requirements, going over the specific requirements for education and maintaining a license. We also go over the agent responsibilities in Florida and the insurance guaranty fund. We finish with marketing practices, including coverage of unfair methods of competition.

From there, we move into our final topic, which goes over the Florida laws pertinent to life insurance. We begin with the state-specific requirements for marketing methods and practices, such as the agent responsibilities and the prohibited practices. We then go over the requirements for policy and contract replacement, and finish with the standard provisions and related topics for both individual contract and group policies.

During the course, there will be in-text questions to help you gauge your knowledge while moving through the course, and there are incremental quizzes after each topic. At the end of the course there is a 100-question final exam. Once you finish, you’ll have completed all of your pre-license education, all at your own pace!

Course Format: Text

Credit Type: Pre-License Training

Course ID(s): 1240167

Approved By: Florida Department of Financial Services - Division of Insurance