Oregon 80 Hour Deluxe All Lines Pre-License Course

Our 80-hour package is approved by the State of Oregon to meet the mandatory Pre-License Education Requirement for the Life, Health, Property, and Casualty Insurance lines. The Deluxe package includes downloadable PDF copies of all the content in the course, so you can study offline!

We'll begin the course with an overview of insurance regulations in the state and followed with material on federal laws and regulations associated with life and health insurance. A discussion of general insurance concepts are up next, followed by life insurance basics, life insurance policies and life provisions, options, and riders. Subsequent discussions include annuities, federal taxation of life insurance, and the state laws and rules related to life insurance.

After the conclusion of life insurance, we move on to accident and health insurance. The lessons begin with a detailed look at accident and health basics and individual health insurance policy provisions. The next sections detail disability income coverage, medical plans, and group health insurance concepts. We’ll continue with an in-depth discussion of specialized health insurance for qualified individuals, federal health insurance taxation, and conclude the health insurance portion with a review of state health insurance laws and rules.

Property and Casualty insurance comprise the next section of courses that will be studied. The property and casualty lessons begin with another look at insurance regulation and federal laws and rules that apply to property and casualty insurance. A review of general insurance concepts follows and the course continues with a deep discussion of property and casualty basics, dwelling insurance and homeowner insurance policies. Continuing, the next sections include personal and commercial automobile insurance, commercial policy packages, and business owner contracts. Workers’ compensation, other types of property and casualty insurance, and property and casualty laws and rules conclude the course.

Specifically, the details of the life and health are as follows:

• Life Insurance Basics, including insurable interest requirements, determining the proper amount of life insurance, life insurance settlements, types of policies and the responsibilities of licensees.
• Life insurance provisions, options, and riders: This lesson contains material on the different provisions that are included within life insurance contracts. Policy options are discussed, including dividends, beneficiary designations, loans and withdrawals from permanent policies, and various riders that may be attached to life insurance contracts.
• Annuities: A large section of the exam, annuities are discussed in detail. Included are types of annuities, the parties to the contract, payout options, fixed and variable products, and how annuities relate to insurance..
• Federal Tax considerations: The course explains various life insurance tax implications and how they affect policyholders. Detailed are cash value growth within life insurance policies and annuities, surrenders, Modified Endowment contracts, taxation of traditional and ROTH IRAs, and rollovers and transfers of funds from one account to another.
• Qualified Plans: This section discussed qualified and nonqualified retirement plans and the differences between them. General requirements are shown, and we include federal tax information on 401(k) plans, SIMPLEs, profit-sharing benefit plans, age-related distribution requirements, and more. The advantages for both employers and employees is discussedDental Insurance includes pediatric care and the Affordable Care Act, categories of dental treatment, definitions, concepts. access to dental coverage and employer group dental expenses.
• Insurance for Senior Citizens and Special Needs Individuals: This lesson includes material on Medicare and Medicaid, Medicare Supplements/Medigap plans, other options for people with Medicare, Long-term care insurance policies, Qualified long-term care plans, and exclusions and conditions.
• Federal Tax Considerations for Health Insurance: Personally-owned health insurance, employer group health insurance, medical expense for sole proprietors and partners, Health Savings Accounts and Health Reimbursement Accounts and business disability insurance.
• Laws and rules specific to life insurance, such as disclosures, marketing and advertising concerns, licensing requirements, and state rules that regulate provisions found in life insurance policies.
• General Insurance includes material on concepts, methods of handling risk including elements of an insurable risk, adverse selection and the Law of Large Numbers, Producers and general rules of agency, contracts and required elements, the distinct characteristics of insurance contracts and more.
• Insurance Regulation: Licensing and purpose, maintenance and duration of license, including continuing education requirements and renewal procedures, state regulations, unfair trade practices, Federal regulation, including the Fair Credit Reporting Act and Fraud and False Statements: U.S. Civil Code Sections 1033 and 1034.
• Laws and rules specific to life insurance, such as disclosures, marketing and advertising concerns, licensing requirements, and state rules that regulate provisions found in life insurance policies.
• Health Insurance Basics, including types of products and benefits, types of policies, exclusions and producer responsibilities and individual underwriting.
• Individual Health Insurance Policy General Provisions: Uniform required and optional provisions and other general provisions.
• Disability Income Insurance, including qualifying for benefits, individual disability underwriting/unique aspects, occupational and nonoccupational considerations, and riders and other cash benefits.
• Medical plans include medical plan concepts, types of providers and medical plans, health care reform: Patient Protection and Affordable Care Act (PPACA), the Health Insurance Exchange and SHOP Marketplace and Health Insurance Portability and Accountability Act (HIPAA).
• Group Health insurance. This lesson includes the purpose of group insurance,types of eligible groups, marketing considerations, employer group health insurance, the coordination of benefits provision, and small employer medical plans.
• Dental Insurance includes pediatric care and the Affordable Care Act, categories of dental treatment, definitions, concepts. access to dental coverage and employer group dental expenses.
• Insurance for Senior Citizens and Special Needs Individuals: This lesson includes material on Medicare and Medicaid, Medicare Supplements/Medigap plans, other options for people with Medicare, Long-term care insurance policies, Qualified long-term care plans, and exclusions and conditions.
• Federal Tax Considerations for Health Insurance: Personally-owned health insurance, employer group health insurance, medical expense for sole proprietors and partners, Health Savings Accounts and Health Reimbursement Accounts and business disability insurance.
• Laws and rules specific to health insurance, such as disclosures, marketing and advertising concerns, licensing requirements, and state rules that regulate provisions found in health insurance policies.

Specifically, the details of property and casualty are as follows:

The topics covered in this course begin with the basics of Property and Casualty insurance, and introduce the candidate to terms, definitions and concepts that are the foundation of P&C insurance. The course continues with material on dwelling and homeowner insurance, and will discuss both the property and casualty portions of the contracts. Personal and commercial automobile insurance is thoroughly explored, with commercial property and liability insurance following. Business Owner policies are detailed, as well as workers’ compensation insurance and other property and casualty policies, including surety, watercraft, recreational vehicles, and other important examination topics. The course includes material on everything necessary to successfully prepare for the exam:

• Insurance Regulation: Licensing and purpose, maintenance and duration of license, including continuing education requirements and renewal procedures, state regulations, unfair trade practices, Federal regulation, including the Fair Credit Reporting Act and Fraud and False Statements: U.S. Civil Code Sections 1033 and 1034
• Property and Casualty Basics: The basics of P&C insurance including insurable interest for P&C, underwriting, rating, hazards, negligence and damages, liability and limits, perils, loss valuation, policy provisions and clauses, coinsurance, named-insured and insurer provisions and more
• Dwelling Policies: Purpose and eligibility, insured perils, coverages, exclusions and conditions, endorsements and the personal liability supplement
• Homeowners insurance: Purpose and eligibility, coverage forms, property and liability coverages, exclusions and conditions and endorsements
• Personal and Commercial Automobile insurance: Definitions, coverages, liability protection, duties after accident or loss, general provisions, endorsements, commercial coverage auto coverage forms, covered autos, liability, physical damage and commercial auto exclusions, conditions and endorsements
• Commercial policy packages and business insurance: Policy components, commercial general liability coverages, occurrence and claims-made policies and commercial general liability exposures
• Business Owners policies: Characteristics and purpose, Section I property and Section II liability coverage, conditions and exclusions
• Workers’ Compensation coverage: Workers’ compensation general concepts and application, exclusive remedy, employment covered, benefits provided, definitions, rating and job classifications, other sources of coverage and federal laws
• Other coverages and options: Personal umbrella and excess liability contracts, specialty liability including professional needs, surplus lines definitions and markets, residual markets, surety, mobile home coverage, earthquake and flood insurance, and watercraft coverage

Credit Type: Pre-License Training, Life, Health

Course ID(s): 10015026 (PL), 10015026 (PL)

Approved By: Oregon Higher Education Coordinating Commission (HECC)