Life Insurance Basics (Life & Health) 0 credits Take this Course Course Content Expand All | Collapse All Lessons Status 1 Insurable Interest & Determining Amount Insurable Interest Determining Amount of Life Insurance Human Life Value Approach Needs Approach 2 Personal Uses of Life Insurance Survivor Protection Estate Creation Liquidity Estate Conservation 3 Business Uses of Life Insurance Key Person Executive Bonuses Buy-Sell Funding 4 Premium Determination The Main Factors Mortality Interest & Expenses Premium Frequency 5 Field Underwriting Underwriting Application Procedures Application Part 1 Application Part 2 and Agent’s Report Application Signatures and Changes Conditional Receipt 6 Company Underwriting Underwriting Information Sources of Underwriting Information Paramedical (Paramed) Report Medical Examination and APS Medical Information Bureau (MIB) Consumer Reports HIV Testing Risk Assignment Classifications of Risk 7 Policy Delivery Effective Date of Coverage Policy Review