CA
California Insurance Exam Prep
California Insurance Exam Prep
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Chapter 3
The Insurance Marketplace
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Types of insurers
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Five distribution systems
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An agent's three types of authority, and fiduciary duty
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Getting licensed in California: education, exam, denial
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Who is who: agent, broker, life licensee, analyst, solicitor
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Keeping your license: term, renewal, CE and reporting
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California penalties you should memorize
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Unfair trade practices: what an agent must never do
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Federal rules: FCRA and the Section 1033 prohibited-person rule
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Twisting vs. churning (and other §790.03 practices)
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Anti-money laundering (USA PATRIOT Act) for insurance
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Numbers cheat sheet: licensing, CE and training
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Mnemonics, part 3: regulation and tax numbers (corrected)
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