AboutWillard R. Brumbaugh, LUTCF, CSFP Expertise I can handle questions concerning life insurance, it`s tax implications, how to determine what is appropriate, and how it fits in one`s estate and retirement planning.
Experience For 2 1/2 years I was an expert on AskMe.com, where for most of that time I was ranked #1. I have been a moderator (instructor) for the Life Underwriters Training Council. I have been licensed since 1969.
Organizations I belong to: National Association of Insurance and Financial Advisors - California
and the Inland Empire Estate Planning Council.
I hold the professional designation of Life Underwriters Training Council Fellow.
Question I am studying to take my state exam . What is series 6 & 7 and would I get this licence after my Life and Health ? So many of the questions asked on the exam are not in my book. I passed all my tests to qualify with flying colors. I cannot seem to pass the state exam. Any suggestions ? I also purchased Kaplan Financial online course to help with studying.
Answer Dear Angelina,
It would appear that Kaplan is more interested in marketing securities than selling life insurance. I suggest that you contact the New Jersey Department of insurance to learn of what life insurance schools qualify you to take successfully the insurance exam.
You do not need a Series 6 or 7 to sell conventional Life insurance products, such as traditional Whole Life, Term or Universal Life insurance policies and Fixed or Fixed Indexed Annuities. You would need at least the Series 6 to sell Variable Annuities, Variable Life Insurance and Mutual Funds. None of these Series 6 products is a safe financial vehicle.
I suggest that you look to a different marketing organization for training, but not Primerica. Anything to do with Primerica I have found to be unprofessional and misleading.
