110-LSB: Life
Settlement Broker Prelicensing Course (Internet)
The New York State Insurance Department (NYSID)
Requires the next 2 pages be read prior to enrolling
THE LICENSING EXAMINATION
The Licensing Examination is a 100
Question (Multiple Choice) Examination that must be
completed in 2 Hours. The Life Settlement license allows
persons to engage in the business of life settlements.
A person may NOT sell original or new issue life
insurance with this license. In order to sell
original issue life insurance
a license is required.
Any person holding a
valid life insurance license for a period of
one year or longer is exempt
from the examination requirement.
|
Series 10-50 LIFE SETTLEMENT Exam |
Questions |
|
1.0 Insurance
Regulations (9%) |
9 |
|
2.0 General Insurance
(9%) |
9 |
|
3.0 Life Basics (14%) |
14 |
|
4.0 Life Policies (14%) |
14 |
|
5.0 Life Provisions.
Options, Riders (14%) |
14 |
|
6.0
Life Settlements (40%) |
40 |
|
TOTAL QUESTIONS |
100 |
THE PRE-LICENSING SOLUTION
An
Approved Online Prelicensing Course designed
to help you qualify for the New York State
Life Settlement Broker Licensing Examination by earning a GlobalED
Insurance Institute
Certificate of Completion
- Take our Approved Online
110-LSB Life Settlement Broker Prelicensing Course
(Internet)
- Pass our 100 Question
MFX: Monitored Final
Examination with a Score of 70% or better
- Earn Your Certificate of
Completion
The Monitored Final Examination will be
weighted exactly as the Licensing Examination
|
110-MFX:
Life Settlement Final Exam |
EXAM |
|
1.0
Insurance Regulations (9%) |
9 |
|
2.0
General Insurance (9%) |
9 |
|
3.0 Life
Basics (14%) |
14 |
|
4.0 Life
Policies (14%) |
14 |
|
5.0 Life
Provisions. Options, Riders (14%) |
14 |
|
6.0
Life Settlements (40%) |
40 |
|
TOTAL QUESTIONS |
100 |
The MFX must be taken
under the supervision of a New York State Department of
Insurance Approved Monitor and without any assistance
or reference material.
GlobalED has its own Preferred
Monitor Directory with 100+ Monitors statewide
for student use.
One FREE MFX is
included in tuition.Any attempt to access a
Monitored Final
Examination for this course when a NYS Insurance
Department Monitor is not present is considered a
serious breach of examination security. The
candidate will not be permitted to take the Monitored Final
Examination and the Department of Insurance must
immediately be notified of any such breach.
REQUIRED EQUIPMENT:
To take this course you MUST have
a computer with a reliable internet connection, a monitor,
keyboard, mouse and printer. This course
requires you to print certain document from the course.
ATTENTION MAC USERS: There
is a glitch in the SAFARI
BROWSER that is not compatible with our Online
Courses.
Microsoft is no longer supporting their Internet
Explorer browser for MAC though all their versions work
well with our system. For that reason we will not direct
MAC users to a Microsoft download site.
You will need to download a FREE
browser for MAC from any of these companies to use
our Online Courses:
COURSE DESCRIPTION & ENROLLMENT
| |
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