Mar 18, 2026  
2025-2026 Academic Catalog 
    
2025-2026 Academic Catalog

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