Episode Details

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - That all individual health policies must include the 12 mandatory provisions created by the NAIC to protect the insured. - How the exam tests your ability to differentiate between the 12 mandatory provisions and the 11 optional provisions. - The specific timelines for the Grace Period provision, which are 7, 10, or 31 days depending on premium frequency. - The critical timeframes for the claims process: 20 days for Notice of Claim, 15 days for the insurer to provide Claim Forms, and 90 days for Proof of Loss. - Common exam traps, such as the 10-day waiting period for sickness coverage after a policy is reinstated. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep