Free Life-Only Exam Prep
Life-Only Insurance License
Prepare for the Life-Only exam without spending hundreds on expensive prep courses. Free study guides, practice questions, flashcards, and related exam resources.
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Life-Only Life & Health Insurance License: Complete Roadmap
Follow this path to organize your licensing and exam preparation
Insurance Fundamentals & Contract LawYou are here
Master risk concepts, insurable interest, the four contract elements, and producer authority before touching product specifics.
Life Products: Term, Whole, Universal & Variable
Learn how each policy builds (or omits) cash value, how UL options A/B differ, and when variable products require a securities license.
Provisions, Riders, Beneficiaries & Options
Drill the standard provisions, nonforfeiture and dividend options, settlement options, and beneficiary rules that dominate the exam.
Annuities & Taxation
Contrast accumulation vs annuitization, exclusion-ratio taxation, MEC rules, and 1035 exchanges for life and annuity contracts.
Underwriting, Regulation & Ethics
Finish with field underwriting, federal and state regulation, replacement rules, and prohibited practices like twisting and rebating.
Free Life-Only Prep Tools
100+ Practice Questions
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AI Tutor Explains Mistakes
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Updated for 2026
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What You'll Study
5 chapters covering the exam topics in this guide
Life-Only Exam Details
Life-Only Insurance License
Administered by State Insurance Department
Exam Content Breakdown
Based on the official State Insurance Department content outline
Insurance principles, risk, insurable interest, contracts, and underwriting
Term, whole life, universal life, variable life, and indexed universal life
Grace period, incontestability, nonforfeiture, settlement options, and riders
Fixed, variable, immediate, deferred annuities and tax treatment
Group life insurance, key person, buy-sell, and split-dollar plans
Producer conduct, prohibited practices, replacement, and state laws
What's Included
5 Chapters
Complete exam coverage
Practice Quizzes
With detailed explanations
Free to Start
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Quality Exam Prep Shouldn't Cost Hundreds
I'm Ran Chen, an engineer with 20+ years of coding experience. I passed my Life Insurance license, EA exam, SIE, Series 6, 63, 65, and finally the CFP® exam.
Through all these exams, one thing became clear: exam prep is expensive. But with AI, we can change that. Quality preparation can now be free for everyone.
What's Next After the Life-Only?
After passing the Life-Only, you can pursue these career paths
Life-Only Exam FAQ
Official State Insurance Department Resources
Verify information with these official sources
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