Cal. Code Regs. tit. 10 § 2187

Current through Register 2024 Notice Reg. No. 45, November 8, 2024

Section 2187 - Prelicensing Education for Life-Only Agents

(a) Any course taken to satisfy the life-only agent prelicensing education requirements of Section 1749 of the California Insurance Code shall use the general subject matter derived from the following curriculum:

I. GENERAL INSURANCE (22 questions (30 percent) on the examination)

A. Basic Insurance Concepts and Principles

B. Contract Law

C. The Insurance Marketplace

1. Distribution Systems

2. Producers

3. Insurers

4. Market Regulation-General

5. Fair Claims Settlement Practices Regulations

II. LIFE INSURANCE (49 questions (65 percent) on the examination)

A. Life Insurance -- Basics

B. Types of Life Policies

C. Annuities

D. Life Insurance and Annuities -- Policy Replacement/Cancellation

E. The Individual Life Insurance Contract

F. Taxation of Life Insurance and Annuity -- Premium and Proceeds

G. Employee Benefits Plans -- Life

H. Social Insurance System

I. Underwriting/Pricing/Claims

J. Financial Structure of Insurers

III. LIFE POLICY RIDERS (4 questions (5 percent) on the examination)

(b) The examination required for licensure as a life-only agent, pursuant to Section 1676 of the California Insurance Code, shall be based on the subject matter reflected in the foregoing curriculum.

Cal. Code Regs. Tit. 10, § 2187

1. New section filed 4-15-93; operative 5-17-93 (Register 93, No. 16).
2. Repealer and new section filed 8-23-96; operative 9-22-96 (Register 96, No. 34).
3. Renumbering of former section 2187 to section 2187.3 and new section 2187 filed 2-23-2010; operative 3-25-2010 (Register 2010, No. 9).
4. Amendment of section and NOTE filed 10-22-2014; operative 2-19-2015 pursuant to Government Code section 11343.4(b)(2) (Register 2014, No. 43).

Note: Authority cited: Section 1749.7, Insurance Code. Reference: Sections 1676, 1749 and 1749.1, Insurance Code.

1. New section filed 4-15-93; operative 5-17-93 (Register 93, No. 16).
2. Repealer and new section filed 8-23-96; operative 9-22-96 (Register 96, No. 34).
3. Renumbering of former section 2187 to section 2187.3 and new section 2187 filed 2-23-2010; operative 3-25-2010 (Register 2010, No. 9).
4. Amendment of section and Note filed 10-22-2014; operative 2/19/2015 pursuant to Government Code section 11343.4(b)(2) (Register 2014, No. 43)