Series 7 Exam; Series 7 Study Guide Lessons and Information

Insurance exam audio lessons sample lesson part 2

I now offer insurance exam audio lessons. This sample lesson is on Underwriting

The insurance exam for life and health is an additional tests that you will need to pass either before or after you pass a series 7 examination in most cases.

The insurance exam will be most likely the life/health examination this will allow you to present your clients with insurance offerings such as annuities and other insurance products. The insurance exam is a state issued examination while each state has its own examination most of the material from state to state is very similar. There may be some small additions or changes in your state insurance exam but this audio series of lessons should cover most if not all of what you will need to master in order to pass the insurance examination in your state.

Other examinations you may need to pass would include the series 63 which is another state examination for the series 67. I have audio lessons already for the series 63 examination as well.

I have put together a series of 26 audio lessons and four review lessons to help you in the preparation for this examination. This is a sample of the lessons for the series of lessons. If you find this useful and valuable you might consider purchasing the full series of lessons below is a link.

 

Insurance exam audio lessons Life Health Study Guide

Table of Contents

Lesson 1_Introduction to the Course

Lesson 2_Introduction to Insurance Part I

Lesson 3_Introduction to Insurance Part II

Lesson 4_Insurance Regulation

Lesson 5_Insurance Law

Lesson 6_Underwriting Basics

Lesson 7_Group Insurance

Lesson 8_Policy Issuance and Delivery

Lesson 9_Types of Life Insurance

Lesson 10_Insurance Provisions

Lesson 11_Riders and Waivers

Lesson 11_Riders and Waivers

Lesson 13_Group Life Insurance

Lesson 14_Retirement Plans

Lesson 15_Introduction to Health Insurance

Lesson 16_Introduction to Health Insurance Part II

Lesson 17_Health Insurance Policy Underwriting and Delivery

Lesson 18_Health Insurance Policy Provisions Part II

Lesson 19_Disability Income Insurance

Lesson 20- Disability Income Insurance Part II

Lesson 21_Medical Expense Insurance

Lesson 22 Major Medical Insurance

Lesson 23_Group Health Insurance

Lesson 24_Social Health Insurance

Lesson 25- Social Health Insurance Part II

Lesson 26- Long Term Care

Review Lesson 1

Review Lesson 2

Review Lesson 3

Review Lesson 4

Total Length 12 hours 6 seconds

 

Here is a link to all our study products.

All podcasts produced and content at https://www.series7podcast.com are copyrighted. You may use the podcasts for personal use but you may not rebroadcast, or offer for sale, or use this content in any other manner without written permission.

©2017 Franz Amussen, All Rights Reserved

Insurance exam audio lessons sample lesson part one

I now offer insurance exam audio lessons.

The insurance exam for life and health is an additional tests that you will need to pass either before or after you pass a series 7 examination in most cases.

The insurance exam will be most likely the life/health examination this will allow you to present your clients with insurance offerings such as annuities and other insurance products. The insurance exam is a state issued examination while each state has its own examination most of the material from state to state is very similar. There may be some small additions or changes in your state insurance exam but this audio series of lessons should cover most if not all of what you will need to master in order to pass the insurance examination in your state.

Other examinations you may need to pass would include the series 63 which is another state examination for the series 67. I have audio lessons already for the series 63 examination as well.

I have put together a series of 26 audio lessons and four review lessons to help you in the preparation for this examination. This is a sample of the lessons for the series of lessons. If you find this useful and valuable you might consider purchasing the full series of lessons below is a link.

 

Insurance exam audio lessons Life Health Study Guide

Table of Contents

Lesson 1_Introduction to the Course

Lesson 2_Introduction to Insurance Part I

Lesson 3_Introduction to Insurance Part II

Lesson 4_Insurance Regulation

Lesson 5_Insurance Law

Lesson 6_Underwriting Basics

Lesson 7_Group Insurance

Lesson 8_Policy Issuance and Delivery

Lesson 9_Types of Life Insurance

Lesson 10_Insurance Provisions

Lesson 11_Riders and Waivers

Lesson 11_Riders and Waivers

Lesson 13_Group Life Insurance

Lesson 14_Retirement Plans

Lesson 15_Introduction to Health Insurance

Lesson 16_Introduction to Health Insurance Part II

Lesson 17_Health Insurance Policy Underwriting and Delivery

Lesson 18_Health Insurance Policy Provisions Part II

Lesson 19_Disability Income Insurance

Lesson 20- Disability Income Insurance Part II

Lesson 21_Medical Expense Insurance

Lesson 22 Major Medical Insurance

Lesson 23_Group Health Insurance

Lesson 24_Social Health Insurance

Lesson 25- Social Health Insurance Part II

Lesson 26- Long Term Care

Review Lesson 1

Review Lesson 2

Review Lesson 3

Review Lesson 4

Total Length 12 hours 6 seconds

 

Here is a link to all our study products.

All podcasts produced and content at https://www.series7podcast.com are copyrighted. You may use the podcasts for personal use but you may not rebroadcast, or offer for sale, or use this content in any other manner without written permission.

©2017 Franz Amussen, All Rights Reserved

Insurance Exam Audio Study Guide

https://youtu.be/fyY38AtZTcI

Insurance Exam Audio Study Guide

Life Health Exam

Total lesson listening time is 12 hours

This course is designed to help insurance professionals prepare to take the Life Health Insurance Exam through Listening to audio lessons. The advantages of audio lessons are obvious it allows the busy person to study while it would otherwise be impossible to be reading a book or sitting at a desk. Suddenly you can study while commuting, exercising, taking long walks etc.

http://www.insuranceexampodcast.com

By Franz Amussen

Narrated by Michael D Young

©Franz S Amussen 2017 All Rights Reserved

Insurance Exam Audio Study Guide

Life Health Exam

Life Health Study Guide Table of Contents

Lesson 1_Introduction to the Course

Lesson 2_Introduction to Insurance Part I

Lesson 3_Introduction to Insurance Part II

Lesson 4_Insurance Regulation

Lesson 5_Insurance Law

Lesson 6_Underwriting Basics

Lesson 7_Group Insurance

Lesson 8_Policy Issuance and Delivery

Lesson 9_Types of Life Insurance

Lesson 10_Insurance Provisions

Lesson 11_Riders and Waivers

Lesson 11_Riders and Waivers

Lesson 13_Group Life Insurance

Lesson 14_Retirement Plans

Lesson 15_Introduction to Health Insurance

Lesson 16_Introduction to Health Insurance Part II

Lesson 17_Health Insurance Policy Underwriting and Delivery

Lesson 18_Health Insurance Policy Provisions Part II

Lesson 19_Disability Income Insurance

Lesson 20- Disability Income Insurance Part II

Lesson 21_Medical Expense Insurance

Lesson 22 Major Medical Insurance

Lesson 23_Group Health Insurance

Lesson 24_Social Health Insurance

Lesson 25- Social Health Insurance Part II

Lesson 26- Long Term Care

Review Lesson 1

Review Lesson 2

Review Lesson 3

Review Lesson 4

Total Length 12 hours 6 seconds

How to listen to these lessons on your mobile device!

When you purchase my products through Gumroad you may use the Gumroad APP to listen to the lessons on your device.

Here is a link to the instructions

http://help.gumroad.com/11167-buyer-faq/using-gumroad-library

Each of the fifty states requires life and health insurance professionals to attain licensing by passing the Life and Health Insurance examination.

There are eighteen content areas covered by the exam: insurance regulation (5%); general insurance (5%); life insurance basics (7%); life insurance policies (7%); life insurance policy provisions, options, and riders (8%); annuities (6%); federal tax considerations for life insurance and annuities (5%); qualified plans (4%); health insurance basics (5%); individual health insurance policy general provisions (4%); disability income and related insurance (3%); medical plans (8%); health maintenance organizations (3%); group health insurance (7%); dental insurance (2%); insurance for senior citizens and special needs individuals (8%); federal tax considerations for health insurance (3%); and additional considerations for life and health insurance counselors (10%). The questions on the Life and Health Insurance exam will be in three different multiple-choice formats: direct question, incomplete sentence, and "all of the following except." Each question will have four possible answers from which the candidate must choose.

In this Series 7 Exam lesson we cover basic Macro Economic terms and analysis which you need to understand in order to pass the Series 7 Exam.

The US economic history is a history of business cycles. Business cycles follow a similar pattern over and over again it starts with expansion and then follows with a contraction and recession and then repeats the process over and over again. The length of the expansions and the lengths of the recessions very but the pattern is consistent. In this Series 7 Exam lesson we discuss terms that are used to describe the economy of the United States. We discuss the gross national product and the gross domestic product and how those two terms differ. We talk about the various theories of economy such as the supply-side theory, the monetarist theory and the Keynesian theory. We discuss fiscal policy and monetary policy, what is inflation what is deflation and what is the definition of a recession and depression. We talk about consumer price index the producer price index. We discuss at length the role of the Federal Reserve including its history and its open market operations we describe the Fed funds rate, the discount rate, and the prime rate. We talked about the velocity of money, M1, M2 and M3 and how the money supply expands and contracts based on actions of the Federal Reserve Board. We talk about leading and lagging economic indicators such as consumer confidence index in the various reports put out by the conference Board.

https://www.series7podcast.com/series-7-study-guide-audio_classes/

Series 7 Exam former student comments:

For full Series 7 Exam Lesson 58 lesson bundle  And over 1080 Quiz Questions through Gumroad :

In addition to being able to use the Gumroad App to listen do the lessons on your smart phone this series of Series 7 Exam lessons also consists of 58 individual lessons in MP3 format mp3 files of lessons 1-58 covering what you need to learn to pass the Series 7 Examination:

If you would like to be a guest or have suggestions for future episodes or if you would like Franz to be a speaker at your event please feel free to contact me.

All content and podcasts produced at https://www.series7podcast.com are copyrighted. You may use the podcasts for personal use but you may not rebroadcast, or offer for sale, or use this content in any other manner without written permission.

©2017 Franz Amussen, All Rights Reserved

Series 7 Exam Lesson Margins Pt 1 2017

In the introduction I talk about client relationships and in particular I go over a relationship I have with the client who primarily uses me as a sounding board for his own investment ideas in my recent report of a company that he asked me to look into.

Now regarding margins after listening to this lesson you should understand...

What are regulations T and U?

Who regulates client margin accounts?

What is the “cheap Stock” Short position rule?

What is the margin account requirements for a regular margin account , and arbritrage account and a day trading account?

What makes you a “Day Trader?

These and other margin related questions are answered in this lesson.

My other podcast is "Sailing in the Mediterranean located at:

http://www,medsailor.com

If you're interested in my sailing instructional audio series here are the links:

Sailing! Learn to Sail: Basic Keelboat Certification Lessons for the ASA 101 Exam

https://gumroad.com/l/Eiig

Sailing! Learn to Sail: Basic Coastal Cruising; Lessons for the ASA 103 Exam

https://gumroad.com/l/PvOYK

Sailing! Learn To Sail: Bareboat Cruising Certification Lessons for the ASA 104 Exam

https://gumroad.com/l/bwXh

Sailing in the Mediterranean Website

http://www.medsailor.com

Luis Olano one of my happy customers shared this video on Monte Carlo NPV simulation with me I thought I would share it with you:

https://youtu.be/Q3rv3yF0bPA

If you would like to be a guest or have suggestions for future episodes or if you would like Franz to be a speaker at your event please feel free

to contact me.

All podcasts produced and content at www.series7podcast.com are copyrighted. You may use the podcasts for personal use but you may not rebroadcast, or

offer for sale, or use this content in any other manner without written permission.

©2017 Franz Amussen, All Rights Reserved

Two new products have been added recently you may be interested:

Series 7 Exam

FINRA Series 7 Exam

Study Quizzes

This book of quiz questions is essential for your study. It includes quiz questions and answers for lessons 1 to 54 (first edition) 212 pages for the quiz and 85 pages for the answer key

Approximately 1060 quiz questions and answers or about 20 questions per audio lessons. This quiz question book is designed to help test your comprehension of the audio lesson corresponding with the quiz.

Preparation for the exam should include finding out where you need additional work in this quiz book is designed to help you determine that.

 

and:

This is a bundle of our two most popular lesson series:

Series 7 Study Guide (Audio Lessons For The FINRA Series 7 Exam) 2nd Edition

(58 lessons Album Total Length: 25 hours 17 minutes 26 Seconds)

and

Series 63 Audio Study Lessons

For those of you who signed up for the daily quizzes The Quiz website I used to deliver you quizzes (qzzr.com) seems to no longer working with the quizzes I created. I will be taking down the sign-up form for the daily quizzes.

This is beyond my control and I apologize for any inconvenience. This podcast is explaining the situation to you and how I found out about it over the last three weeks.

I will eventually put up an e-book of quizzes that you will be able to download but that's in the works and I'm not sure how long it will take I will let you know when it is available.

For full 58 lesson bundle through Gumroad :

In addition to being able to use the Gumroad App to listen do the lessons on your smart phone this series of lessons also consists of 58 individual lessons in MP3 format mp3 files of lessons 1-58 covering:

Series 7 Study Guide Audio Lessons 1 to 58

My other Podcast Is "Sailing in the Mediterranean" located at:

http://www,medsailor.com

If you're interested in my sailing instructional audio series here are the links:

Sailing! Learn to Sail: Basic Keelboat Certification Lessons for the ASA 101 Exam

https://gumroad.com/l/Eiig

Sailing! Learn to Sail: Basic Coastal Cruising; Lessons for the ASA 103 Exam

https://gumroad.com/l/PvOYK

Sailing! Learn To Sail: Bareboat Cruising Certification Lessons for the ASA 104 Exam

https://gumroad.com/l/bwXh

Sailing in the Mediterranean Website

http://www.medsailor.com

If you would like to be a guest or have suggestions for future episodes or if you would like Franz to be a speaker at your event please feel free to contact me.

All content and podcasts produced at https://www.series7podcast.com are copyrighted. You may use the podcasts for personal use but you may not rebroadcast, or offer for sale, or use this content in any other manner without written permission.

©2017 Franz Amussen, All Rights Reserved

Series 7 Exam Preparation Lesson 11 options pt. 1 2017

What are options? Puts, Calls, in the money, out of the money, time value and intrinsic value. I discuss these topics and terms in this lesson.

For full 58 lesson bundle through Gumroad :

In addition to being able to use the Gumroad App to listen do the lessons on your smart phone this series of lessons also consists of 58 individual lessons in MP3 format mp3 files of lessons 1-58 covering:

Series 7 Study Guide Audio Lessons 1 to 58

My other Podcast Is "Sailing in the Mediterranean" located at:

http://www,medsailor.com

If you're interested in my sailing instructional audio series here are the links:

Sailing! Learn to Sail: Basic Keelboat Certification Lessons for the ASA 101 Exam

https://gumroad.com/l/Eiig

Sailing! Learn to Sail: Basic Coastal Cruising; Lessons for the ASA 103 Exam

https://gumroad.com/l/PvOYK

Sailing! Learn To Sail: Bareboat Cruising Certification Lessons for the ASA 104 Exam

https://gumroad.com/l/bwXh

Sailing in the Mediterranean Website

http://www.medsailor.com

If you would like to be a guest or have suggestions for future episodes or if you would like Franz to be a speaker at your event please feel free to contact me.

All content and podcasts produced at http://www.series7podcast.com are copyrighted. You may use the podcasts for personal use but you may not rebroadcast, or offer for sale, or use this content in any other manner without written permission.

©2017 Franz Amussen, All Rights Reserved

Series 7 Exam Preparation Guide Lesson 57 Partnerships

Length 31 min 35 sec

This lesson is about partnerships and what you need to understand for the FINRA series 7 examination in order to be able to expect to answer questions relating to partnerships, their formation and also a little about the taxation of partnerships

For full 58 lesson bundle through Gumroad :

In addition to being able to use the Gumroad App to listen do the lessons on your smart phone this series of lessons also consists of 58 individual lessons in MP3 format mp3 files of lessons 1-58 covering:

Series 7 Study Guide Audio Lessons 1 to 58

My other Podcast Is "Sailing in the Mediterranean" located at:

http://www,medsailor.com

If you're interested in my sailing instructional audio series here are the links:

Sailing! Learn to Sail: Basic Keelboat Certification Lessons for the ASA 101 Exam

https://gumroad.com/l/Eiig

Sailing! Learn to Sail: Basic Coastal Cruising; Lessons for the ASA 103 Exam

https://gumroad.com/l/PvOYK

Sailing! Learn To Sail: Bareboat Cruising Certification Lessons for the ASA 104 Exam

https://gumroad.com/l/bwXh

Sailing in the Mediterranean Website

http://www.medsailor.com

If you would like to be a guest or have suggestions for future episodes or if you would like Franz to be a speaker at your event please feel free to contact me.

All podcasts produced and content at www.series7podcast.com are copyrighted. You may use the podcasts for personal use but you may not rebroadcast, or offer for sale, or use this content in any other manner without written permission.

©2017 Franz Amussen, All Rights Reserved

For full 58 lesson bundle through Gumroad :

In addition to being able to use the Gumroad App to listen do the lessons on your smart phone this series of lessons also consists of 58 individual lessons in MP3 format mp3 files of lessons 1-58 covering:

Series 7 Study Guide Audio Lessons 1 to 58

In this episode we discuss the municipal securities rulemaking Board. The municipal securities rulemaking Board, the referred to by the acronym MSRB sets the rules regulations and requirements for the issuance and trading of municipal securities. For the series 7 examination you are expected to have an understanding of the rules and regulations regarding municipal bonds in addition you need to understand how fixed income investments moving relationship interest rates and the tax advantages inherent in municipal bonds. We discussed these rules in this lesson.

My other Podcast Is "Sailing in the Mediterranean" located at:

http://www,medsailor.com

If you're interested in my sailing instructional audio series here are the links:

Sailing! Learn to Sail: Basic Keelboat Certification Lessons for the ASA 101 Exam

https://gumroad.com/l/Eiig

Sailing! Learn to Sail: Basic Coastal Cruising; Lessons for the ASA 103 Exam

https://gumroad.com/l/PvOYK

Sailing! Learn To Sail: Bareboat Cruising Certification Lessons for the ASA 104 Exam

https://gumroad.com/l/bwXh

Sailing in the Mediterranean Website

http://www.medsailor.com

If you would like to be a guest or have suggestions for future episodes or if you would like Franz to be a speaker at your event please feel free to contact me.

All podcasts produced and content at http://www.series7podcast.com are copyrighted. You may use the podcasts for personal use but you may not rebroadcast, or offer for sale, or use this content in any other manner without written permission.

©2016 Franz Amussen, All Rights Reserved

©2016 Franz Amussen, All Rights Reserved

For full 58 lesson bundle through Gumroad :

In addition to being able to use the Gumroad App to listen do the lessons on your smart phone this series of lessons also consists of 58 individual lessons in MP3 format mp3 files of lessons 1-58 covering:

Series 7 Study Guide Audio Lessons 1 to 58

This is the first of two lessons where we deal with understanding the cash flow statement. Because the differences if accrual and cash accounting can sometimes make the results of the company appear better than they really are to accountants came up with the cash flow statement which in my opinion is the most useful financial statement.

If you are interested in taking our free daily quizzes. Sign up for the e-mail list!

Below is part of the transcription of this Lesson:

We’ve talked about the income statement, the balance sheet, and accrual accounting. And my basic problem with accrual accounting is it can hide a lot of manipulation in the numbers. Admittedly, it makes sense, but you can't fake cash. You can fake earnings, you can fake asset values. Now supposedly, there's people watching these numbers and verifying the validity of these numbers, but I've been around a while. I've seen those acquisitions of managements who’ve paid billions of dollars for be worth nothing. So as I told you, I'm highly skeptical of goodwill as an asset on the balance sheet. So when I look at a cash flow statement, that is the number one financial statement I look at when I'm evaluating a company from a fundamental point of view.

Now, the fundamental point of view is often called a ‘bottoms up point of view’ or a ‘bottoms up analysis,’ but it's an analysis by the numbers. So what you're looking for when you're doing fundamental analysis is, well, the way I look at it is I assume a company’s going to have a series of cash flows – of free cash flows – that could be distributed to the stockholder either in dividends, or in the form of buybacks, or in the form of additional investment by the company to create future cash flows. When I see a company that does not have any free cash flow, then what I'm buying is hope, dreams, blue sky, blue smoke, and mirrors. I consider those speculations as opposed to an investment. I look at an investment as the potential for cash flow to meet my pocket. This is contrary to a lot of popular analysis techniques, and we’ll be talking about those later on, but fundamentally, I'm a fundamental analysis for me and my clients.

Let's talk about what a cash flow statement shows. First of all, we start out with where the money comes from, and then where the money goes, and what we end up with. You can't fake cash. So when you see a company like Tesla spending for every dollar in revenues about another dollar in expenditures, losing money like crazy, how do they do it? Well, that's going to be revealed is the cash flow statement or the consolidated statement of cash, whatever you want to call it.

So you can create a consolidated statement of cash flows or cash flow statement from the income statement and balance sheet. The information is there. Sometimes, it’s not in the consolidated information. You may have to go to the footnotes, because what you're going to be needing is to find those non-cash expenditures that show up as expenditures on an income statement. I'm talking primarily about depreciation and amortization. So a cash flow statement is really a combination of the other two statements, that’s so you can actually see where the money comes and goes……..

I talk about Tesla Motors Cash flow statement for reference I am including the 2015 report below

My other Podcast Is "Sailing in the Mediterranean" located at: