The next phase of the study schedule will be to cover the information found in the textbook “Life Insurance and Modified Endowments.” Some of this textbook is pretty boring to read and there is quite a bit of information that I don’t think will be on the exam. Thus, I would not get too caught up with all of the details that are provided (especially in chapters 3 & 4).
Here are the chapters of Life Insurance and Modified Endowments that I recommend you cover in Week 12:
Chapter 1 — Introduction to Life Insurance Taxation (F.1.1)
Chapter 2 — Qualification as Life Insurance (F.1.2)
Chapter 3 — Assumptions under 7702 & 7702A (F.1.3)
Chapter 4 — Benefits under 7702 & 7702A (F.1.4)
Chapter 6 — Specific Products under 7702 & 7702A (F.1.5)
Chapter 9 — Review of Tax Policy (F.1.6)
If you read through the chapters fairly quickly, you should be able to complete these lessons in a week or so.
Good luck with your studying!
Jeremy