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. This episode covers content for the National Life Insurance Exam.

In this episode you will learn:

• The critical differences between twisting and churning for replacement scenarios.

• How to identify misrepresentation and defamation in exam-style vignettes.

• The legal definition of rebating and prohibited inducements.

• Why actuarial discrimination is legal while unfair discrimination is prohibited.

• The regulatory consequences of violating the NAIC Model Law.

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