A couple of chapters from the Life Insurance and Modified Endowment (LIME) textbook were removed from the syllabus in 2011, but the video lessons were included in the previous information I provided. I have removed the video lessons for Chapter 1 and Chapter 9 of the LIME textbook since these are no longer on the syllabus. I have also updated the Notes and Outline for Section G to reflect this change.
Sorry for any inconvenience this may have caused.
Good luck studying!
Jeremy
Canadian exam only:
Please note that there is an error in the solution to #3 in the Canadian drill problems for section F. The NCPI for years 2 and 3 should be 1791 and 2075, respectively. This changes the following values:
We will be posting the corrected solution on the seminar site soon.
Good News!! There’s less for you to remember for the exam. Actually, the syllabus didn’t change, but there is some information that I included in the online seminar that is not on the syllabus for 2008.
Section B.2.4 (Valuation of Living and Death Benefit Guarantees for VAs) covers the entire study note, but the syllabus only covers through page 15 of the study note. Thus, you can ignore all of Session B.2.4.b and the last few lines of Session B.2.4.a. You can end the session right before I talk about “Grouped vs. Seriatim Data.”
The section that has been eliminated begins on the middle of page 43 and goes through the end of page 45 on the outline of Section B.
Sorry for the inconvenience, but hopefully it’s good to be able to eliminate something from your study plans!
Jeremy
I hope the studying is going well for everyone. Hopefully you’re progressing well through the material and finding the online seminar helpful.
I wanted to post a correction to the online seminar in Session E.2.1. On the second page of this session, I made a mistake in describing the Brokerage Reps and Brokerage General Agents (under 2.a).
Brokerage Reps recruit for just one company. Brokerage General Agents recruit for multiples companies.
Sorry for the confusion. Please let me know if you find any additional errors.
Jeremy