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Mar 18, 2026
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2025-2026 Academic Catalog
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FP 323 - Life and Health Insurance Licensing 3 Credit Hour(s)
This course examines life insurance, accident and health and long-term care insurance contracts and provisions, as well as an introduction to annuity principles and concepts, with an overview of how to determine appropriate uses to meet individual’s needs for economic security. The course examines the Michigan Insurance Codes as it relates to the general provision of insurance regulation and laws pertaining to life and health insurance. Topics include a review of statutes on licensing, unfair trade practices and insurers’ authority to write business in the State of Michigan and Michigan Guarantee Fund participation requirements. This course prepares motivated students for the State of Michigan Life, Accident and Health Insurance Producer Licensing Examination (Series 16-80).
Prerequisite(s): 3.0 or higher GPA, IRM 221 , FP 200 , BUS 240 or MTH 232 and BUS 212 recommended Offered: Fall
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