Life Insurance Study Session ANNUITIES AND PROVISIONS

[higherrealms]

Its May 2022 and I passed my exam today on the first attempt! I wanna pay it forward and let everyone know that the 2 videos you have, made up 90% of my study strategy. The comments were positive, the videos were short enough, and it’s always refreshing having someone relatable teaching “us” (if u know what I mean).

Idk who this guy is, but I hope he makes a killing teaching for the test bcuz his technique works! I read the comments in advance and they’re legit, bcuz his videos def worked for me.

(I’ll be commenting this on both videos)

[angiebas]

I passed my Life Exam Thursday and I mostly just watched this video and only looked at maybe two chapters in ExamFX! Thank you Mr. Durham for making this so much MORE easier to understand!

[hjolainejesus]

Chris, possible you can do one on variables again? It go cut off in the end. Another great Coach for us to learn from.

[annakeller]

Awesome! I listened to both your videos over and over for 2 days..and I passed on the first time with an 88%. You just have a way of making it all actually make sense 😄

[indyice]

I passed my exam after 3 weeks of studying/taking my ExamFM course. after the first week, I sought out videos like these and watched them every single day. Like mentioned in this video, I rode around playing this in my car.. no music, no podcast, not much tv, only this for 3 weeks. I wrote all my notes one time and told myself that I would rewrite them everyday but didn't (doing so would definitely help 100x more). instead I took a practice at least twice a day, I didn't end up passing until week 2. by the day before my exam the following week, I had achieved a practice test score of 87% and ended up passing my exam the next day with flying colors! it was honestly easier than the practice tests but I'll give it up to me putting in all the effort that I did.

Using acronyms for everything also helped me. as mentioned in the video, you are given scratch paper to write what ever you want, so I chose to use it for everything lol.. I think some of these were mentioned here, if not, from other videos on YT (I'm just coming back after I passed my exam to try to help whoever takes it). although it may sound funny, to follow is the phrase full of acronyms that I used to remember a lot of different life/health info; doing it in this order was easiest for me in terms of memorization because it always read like a phone number while still making somewhat sense as a sentence.. if that makes sense

B.I.G. F.A.M.O.U.S. C.E.R.M.M.IC.
L.O.C.A.L. S.T.A.R.R. D.I.A.L. C.L.I.F.F. W.E.L.L.S.F
R.E.C. W.A.S.H.
C.R.A.P.P.O W.A.G.C.A.P.A.
M.E.I A.E.I U/L A= ----
B= ^

B.I.G. F.A.M.O.U.S. C.E.R.M.M.IC. = provisions
L.O.C.A.L. = legal contract
S.T.A.R.R. = how to handle risk
D.I.A.L. = term insurance
W.E.L.L.S.F. = whole life insurance
R.E.C. = non-forfeitures
W.A.S.H. = exclusions
C.R.A.P.P.O = dividends
W.A.G.C.A.P.A. = riders
M.E.I = how to determine premium
A.E.I = agent authority
U/L = A = level death benefit B = increasing

Beneficiary designation (life only), Insuring clause, Grace period, Free look period, Assignments (life only), Modifications (life only), Owner's rights (life only), Unused premium, Suicide (life only), Consideration, Entire contract, Reinstatement, Mode, Misstatement of age/gender, Incontestability/Time limit on certain defenses, Common disaster (life only).

Legal competence, Offer, Consideration, Agreement, Legal purpose

Sharing, Transfer, Avoidance Reduction, Retention of risk

Decreasing, Increasing, Annual renewable, Level

Cash, Life income, Interest only, Fixed amount, Fixed period

Whole life/traditional/pure/all the same thing, Endowment, Limited pay, Limited period, Single premium, Family Income+Family Maintenance

Reduced paid up, Extended term, Cash

War/military, Aviation, Suicide, Hazardous occupation

Cash, Reduction of premium, Accumulation of interest, Paid up-addition, Paid up-option, One year term

Wavier of premium, Accidental death, Guaranteed insurability, Cost of living, Accidental death & dismemberment, Payor benefits, Additionally insured.

Mortality, Interest, Expense

Apparent, Implied, Expressed

hope it help! lets all get paid!!

[bigfacen]

Watch both of these videos on repeat 24hrs before your test and on the way to your test and you’ll pass. This literally summarized all of the Life insurance videos on Xcel with 40 minutes worth of content and it’s all relevant, and important. Thank you sir for these videos! Pro Tip, DO NOT OVER STUDY! You’ll wind of stressing yourself out and that honestly worse than being unprepared & don’t be afraid to fail. The less stress you are while taking the exam, the less likely you are to second guess yourself and pass on your first attempt!!!

[NoHrmanHauht]

Big check no bene!! Passed my test, preciate you bruh! Got my license to get paid 💯

[jzubov]

passed my producers' combined life, accident, and health exam with your program. I would recommend watching this video 5 times to anyone who wants to pass the test. first time just watch it through. second time take general notes. third take detailed notes. forth just watch. fifth write all the notes again take test and pass.

[dontricewg]

4 years later and your videos are still helping people pass I passed my exam this morning and 90 percent of it was the information you gave. Thank you so much 😩

[theoscarcamiloshow]

I passed today thanks to your videos and your motivational money talks that got me fired up! I want to be a multimillionaire!!

[along]

I literally just watched your two videos last night, and listened to them on the way to my exam today and passed on the first try. Your two videos were the only studying I did for this exam. Thank you so so much for the information!!

[MsTinaColada]

I was so relieved to find your video but felt like CRYING when I saw there were only two :( You're the only one that has helped me understand all of this

[Josephvaldez_]

After watching this video and failing the first two exams I was able to pass my test today! Let's go!

[elizabethflorek]

This helped me SO MUCH. I finally passed my exam today. I failed 3 times which is so embarrassing, but after watching this and listening to it for 4 days in a row, I understood better and passed! I’m so glad I found his videos. THANK YOU!!

[Msjaniceelaine]

I don't know how I got here. But watching your teaching method was quite interesting. I stayed until the end.

[michaelhaynes]

Thank you a million for making these videos. Never good with studying but this was straight to the point on what i needed to know. Didn't finish highschool. I passed the first time. Thank you

[BrightenYaMind]

Exam FX makes everything so much more complicated than it really should be. Thank you so much for simplifying and being clear and direct with all your lessons! You're the best !

[cici]

I watched your videos every day for 1 week straight and I passed my life and health exam today in Texas ❤

[fredm]

I finished my 52 hrs with EXCEL online. I now understand everything I studied for last month!! Thank You

[SynsationalCinnamon]

I passed my exam today! Thankfully I found this video some time ago. I failed my 1st test at that time. I took some time off and focused on my primary job. After a few set backs I am excited to say Chris Durhams videos are what helped me! Thank you