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d. Level or flexible8. Reinstatement9. Policy loans, withdrawals, partial surrenders10. Non-forfeiture options11. Dividends and dividend options (e.g. participating, nonparticipating)12. Incontestability13. Assignments14. Suicide15. Misstatement of age and gender16. Settlement options17. Accelerated death benefitsC. Policy exclusionsLIFE, ACCIDENT AND HEALTH OR SICKNESSPRODUCERCONTENT OUTLINE(115 scored questions plus 10 pretest questions)I. TYPES OF LIFE POLICIES. 12A. Traditional whole life products1. Ordinary whole life2. Limited-pay and single-premium lifeB. Interest/market-sensitive/adjustable life products1. Universal life2. Variable whole life3. Variable universal life4. Interest-sensitive whole life5. Indexed lifeC. Term life1. Typesa. Levelb. Decreasingc. Return of premiumd. Annually renewable2. Special featuresa. Renewableb. ConvertibleD. Annuities1. Single and flexible premium2. Immediate and deferred3. Fixed and variable4. IndexedE. Combination plans and variations1. Joint life2. Survivorship life (second to die)III. COMPLETING THE APPLICATION, UNDERWRITING, ANDDELIVERING LIFE POLICES . . 12A. Completing the application1. Required signatures2. Changes in the application3. Consequences of incomplete applications4. Warranties and representations5. Collecting the initial premium and issuing the receipt6. Replacement7. Disclosures at point of sale (e.g., HIPAA, HIV consent)8. USA PATRIOT Act/anti-money launderingB. Underwriting1. Insurable interest2. Medical information and consumer reports3. Fair Credit Reporting Act4. Risk classification5. Stranger/Investor-owned life insurance (STOLI/IOLI)C. Delivering the policy1. When coverage begins2. Explaining the policy and its provisions, riders,exclusions, and ratings to the clientD. Contract law1. Elements of a contract2. Unique aspects of the insurance contracta. Conditionalb. Unilateralc. Adhesiond. AleatoryII. LIFE POLICY RIDERS, PROVISIONS, OPTIONS, ANDEXCLUSIONS . 18A. Policy riders1. Waiver of premium and waiver of monthly deduction2. Guaranteed insurability3. Payor benefit4. Accidental death and/or accidental death anddismemberment5. Term riders6. Other insureds7. Long term care8. Return of premiumB. Policy provisions and options1. Entire contract2. Insuring clause3. Free look4. Consideration5. Owner’s rights6. Beneficiary designationsa. Primary and contingentb. Revocable and irrevocablec. Common disasterd. Minor beneficiaries7. Premium Paymenta. Modesb. Grace periodc. Automatic premium loanIV. TAXES, RETIREMENT, AND OTHER LIFE INSURANCECONCEPTS . 8A. Third-party ownershipB. Viatical SettlementsC. Life SettlementsD. Group life insurance1. Conversion privilege2. Contributory vs. noncontributoryE. Retirement plans1. Qualified plans2. Nonqualified plansF. Life insurance needs analysis/suitability1. Personal insurance needs2. Business insurance needsa. Key personb. Buy sellG. Social Security benefitsH. Tax treatment of insurance premiums, proceeds, anddividends1. Individual lifeMISSISSIPPI Insurance Supplement - Examination Content Outlines5Effective: May 21, 2021

9. Coinsurance10. Deductibles11. Eligible expenses12. Copayments13. Pre-authorizations and prior approval requirements14. Usual, reasonable, and customary (URC) charges15. Lifetime, annual, or per cause maximum benefit limitsC. Riders1. Impairment/exclusions2. Guaranteed insurabilityD. Rights of renewability1. Noncancelable2. Cancelable3. Guaranteed renewable2. Group life3. Modified Endowment Contracts (MECs)V. TYPES OF ACCIDENT AND HEALTH POLICIES . 14A. Disability income1. Individual disability income policy2. Business overhead expense policy3. Business disability buyout policy4. Group disability income policy5. Key employee policyB. Accidental death and dismembermentC. Medical expense insurance1. Basic hospital, medical, and surgical policies2. Major medical policies3. Health Maintenance Organizations (HMOs)4. Preferred Provider Organizations (PPOs)5. Point of Service (POS) plans6. Flexible Spending Accounts (FSAs)7. High Deductible Health Plans (HDHPs) and relatedHealth Savings Accounts (HSAs)D. Medicare supplement policiesE. Group insurance1. Differences between individual and group contracts2. General characteristics3. COBRAF. Individual/Group Long Term Care (LTC)G. Other policies1. Dental2. Vision3. Cancer4. Critical illness or specified disease5. Worksite (employer-sponsored)6. Hospital indemnity7. Short-term medical8. AccidentVII. SOCIAL INSURANCE . 3A. Medicare (Parts A, B, C, D)B. MedicaidC. Social Security benefitsVIII. OTHER ACCIDENT AND HEALTH INSURANCECONCEPTS .4A. Total, partial, recurrent and residual disabilityB. Owner’s rightsC. Dependent children benefitsD. Primary and contingent beneficiariesE. Modes of premium paymentsF. Nonduplication and coordination of benefits (e.g.,primary vs. excess)G. Occupational vs. non-occupationalH. Tax treatment of premiums and proceeds of insurancecontracts (e.g., disability income and medicalexpenses, etc.)I. Managed careJ. Workers CompensationK. SubrogationVI. HEALTH POLICY PROVISIONS, CLAUSES & RIDERS 20A. Mandatory and optional provisions1. Entire contract2. Time limit on certain defenses (incontestable)3. Grace period4. Reinstatement5. Notice of claim6. Claim forms7. Proof of loss8. Time of payment of claims9. Payment of claims10. Physical examination and autopsy11. Legal actions12. Change of beneficiary13. Misstatement of age or sex14. Change of occupation15. Illegal occupation16. Relation of earnings to insuranceB. Other provisions and clauses1. Insuring clause2. Free look3. Consideration clause4. Probationary period5. Elimination period6. Waiver of premium7. Exclusions and limitations8. Preexisting conditionsIX. FIELD UNDERWRITING PROCEDURES. 9A. Completing the applicationB. Explaining sources of insurability and HIPAA privacyinformation (e.g., MIB Report, Fair Credit Reporting Act,etc.)C. Initial premium payment and receipt and consequencesof the receipt (e.g., medical examination, etc.)D. Submitting application (and initial premium if collected)to company for underwritingE. Policy deliveryF. Explaining policy and its provisions, riders, exclusions,and ratings to clientsG. ReplacementH. Contract law1. Elements of a contract2. Insurable interest3. Warranties and representations4. Unique aspects of the insurance contracta. Conditionalb. Unilateralc. Adhesiond. AleatoryX. Mississippi Life and Health Insurance Laws 15A. Commissioner(All references are to sections of Title 83, MS Regulationand MS Administrative Code (MAC))MISSISSIPPI Insurance Supplement - Examination Content Outlines6Effective: May 21, 2021

a. Unfair claims methods and trade practicesRef. 83-5-19, 29, 31, 33, 35, 45b. Producer’s Compensation DisclosureRef: 83-17-73, 83-59-3c. Rebating/illegal dealing in premiumsRef. 83-3-121d. Illegal inducementsRef. 83-3-121e. TwistingRef. Reg. F&C 37-1; MAC 19-1:1.01f. MisrepresentationRef. 83-5-35g. Defamation of InsurerRef. 83-5-35h. DiscriminationRef. 83-8-221, 83-30-67, 38-71-1, 83-71-57i. Cease and desistRef. 83-1-51; 83-5-41j. AdvertisingRef. 83-5-35; Reg. F&C 53-1; MAC 19-1:3.01k. FraudRef. 83-17-715. Producer responsibilitiesa. Policy deliveryRef. 83-7-9, 13, 51; 83-23-235; 83-9-5, 25b. Premium accountability (e.g. fiduciary responsibility,comingling)Ref. 83-7-27c. Reply to CommissionerRef. 83-24-136. Compensationa. Receiving compensationRef. 83-17-73b. Referral FeeRef. 83-17-7c. Controlled BusinessRef. 83-17-17. Life, Accident and Health or Sickness PolicyReplacement and Disclosuresa. PurposeRef. 83-9-35; MAC 19-2:14.01b. DefinitionRef. 83-9-35; MAC 19-2:14.02c. Duty of ProducerRef. 83-9-35; MAC 19-2:14.03 through .078. Long-Term Care Insurancea. Policy standardsRef. Reg. 90-102; MAC 19-3:8.01 through .05b. Required ProvisionsRef. Reg. 90-102; MAC 19-3:8.06 through .08c. Outline of CoverageRef. Reg. 90-102; MAC 19-3:8.17 through .181. Broad PowersRef. 83-1-47, 49, 512. Examination of RecordsRef. 83-5-37, 653. Notice of hearingRef. 83-5-394. PenaltiesRef. 83-5-49, 67, 83, 855. Unlicensed activitiesRef. 83-1-49, 83-17-41, 45B. Life and Health terms and concepts1. InsuranceRef. 83-17-53, 83-19-12. InsurerRef. 83-1-151, 83-24-7, 83-6-13. Insurance transactionRef. 83-17-1; 83-17-53, 57; 83-59-34. Authorized/unauthorized; Certificate of AuthorityRef. 83-21-3, 83-1-235. Domestic, foreign and alienRef. 83-5-56. Mississippi Life and Health Insurance GuarantyAssociationRef. 83-23-201 through 2237. FraternalsRef. 83-29-18. Essential Health BenefitsRef. 83-9-5, ACA Sec. 1302 42 U.S.C. 18022C. Licensing1. Persons required to be licenseda. Insurance ProducerRef. 83-17-53b. Insurance AdjusterRef. 83-17-401c. Resident/non-residentRef. 83-17-65, 67d. ExemptionsRef. 83-17-672. Appointments/Termination of AppointmentsRef. 83-17-75, 773. Penalties for noncompliancea. Refusal/nonrenewalRef. 83-17-71b. Suspension/revocationRef. 83-5-67c. FinesRef. 83-17-714. Maintenance and duration of licensea. RenewalRef. 83-17-37, 63b. Continuing EducationRef. 83-17-251c. Notify Commissioner of Change in AddressRef. 83-17-63d. Report Administrative or Criminal ActionRef. 83-17-81D. Marketing Practices1. Protection of public interestRef. 83-6-39; 83-17-69; 83-24-31; MAC 19-1:20.02, 191-3:8:012. Unfair PracticesMISSISSIPPI Insurance Supplement - Examination Content Outlines7Effective: May 21, 2021

K. Limits of liabilityL. Coinsurance/Insurance to valueM. OccurrenceN. CancellationO. NonrenewalP. Vacancy and unoccupancyQ. Liability1. Absolute2. Strict3. VicariousR. NegligenceS. BinderT. EndorsementsU. Blanket vs. SpecificPROPERTY PRODUCERCONTENT OUTLINE(60 scored questions plus 15 pretest questions)I. TYPES OF POLICIES . 25A. Homeowners1. HO-22. HO-33. HO-44. HO-55. HO-66. HO-8B. Dwelling policies1. DP-12. DP-23. DP-3C. Commercial lines1. Commercial Package Policy (CPP)2. Commercial propertya. Commercial building and business personal propertyformb. Causes of loss formsc. Business incomed. Extra expensee. Equipment breakdown3. Business Owners Policy (BOP)4. Builders RiskD. Inland marine1. Personal Articles floaters2. Commercial Property floatersE. National Flood Insurance ProgramF. Others1. Earthquake2. Mobile Homes3. Watercraft4. Farm Owners5. WindstormIII. POLICY PROVISIONS AND CONTRACT LAW . 11A. DeclarationsB. Insuring agreementC. ConditionsD. ExclusionsE. Definition of the insuredF. Duties of the insuredG. Obligations of the insurance companyH. Mortgagee rightsI. Proof of lossJ. Notice of claimK. AppraisalL. Other Insurance ProvisionM. SubrogationN. Elements of a contractO. Warranties, representations, and concealmentP. Sources of underwriting informationQ. Fair Credit Reporting ActR. Privacy Protection (Gramm Leach Bliley)S. Policy ApplicationT. Terrorism Risk Insurance Act (TRIA)IV. Mississippi Property Insurance Laws 10(All references are to sections of Title 83, MS Regulation andMS Administrative Code (MAC))A. Commissioner1. Broad PowersRef. 83-1-47, 49, 512. Examination of RecordsRef. 83-5-37, 653. Notice of hearingRef. 83-5-394. Rates and FormsRef. 83-2-3, 83-3-235. PenaltiesRef. 83-5-49, 67, 83, 856. Unlicensed activitiesRef. 83-1-49, 83-17-41, 45B. Terms and concepts1. InsurerRef. 83-1-151, 83-24-7, 83-6-12. Insurance transactionRef. 83-17-1; 83-17-53, 57; 83-59-33. Admitted and Non-admitted insurersRef. 83-21-34. Domestic, foreign and alien Insurers; certificate ofauthorityRef. 83-1-23, 83-5-5II. INSURANCE TERMS AND RELATED CONCEPTS . 14A. Insurance1. Law of Large NumbersB. Insurable interestC. Risk1. Pure vs. Speculative RiskD. Hazard1. Moral2. Morale3. PhysicalE. PerilF. Loss1. Direct2. IndirectG. Loss Valuation1. Actual cash value2. Replacement cost3. Market value4. Stated/agreed value5. Salvage valueH. Proximate causeI. DeductibleJ. IndemnityMISSISSIPPI Insurance Supplement - Examination Content Outlines8Effective: May 21, 2021

5. Mississippi Insurance Guaranty AssociationRef. 83-23-103, 109, 115, 1196. Mississippi State Rating BureauRef. 83-3-7, 247. Mississippi Residential Property Insurance UnderwritingAssociationRef. 83-38-1, 3, 58. Mississippi Windstorm Underwriting AssociationRef. 83-34-19. Valued PolicyRef. 83-13-5C. Licensing1. Persons required to be licenseda. Insurance ProducerRef. 83-17-53. 55, 59, 61, 63, 251b. Insurance AdjusterRef. 83-17-401c. Resident/non-residentRef. 83-17-65, 67d. ExemptionsRef. 83-17-672. Appointments/Termination of AppointmentsRef. 83-17-75, 773. Penalties for noncompliancea. Refusal/nonrenewalRef. 83-17-71b. Suspension/revocationRef. 83-5-67c. Administrative finesRef. 83-17-714. Maintenance and duration of licensea. RenewalRef. 83-17-37, 63b. Continuing EducationRef. 83-17-251c. Notify Commissioner of Change in AddressRef. 83-17-63d. Report Administrative or Criminal ActionRef. 83-17-81D. Marketing Practices1. Protection of public interestRef. 83-6-39; 83-17-69; 83-24-31; MAC 19-1:20.022. Unfair Practicesa. Unfair claims methods and trade practicesRef. 83-5-19, 33, 35, 45b. Producer’s Compensation DisclosureRef: 83-17-73, 83-59-3c. Rebating/illegal dealing in premiumsRef. 83-3-121d. Illegal inducementsRef. 83-2-29e. TwistingRef. Reg. F&C 37-1; MAC 19-1:1.01f. MisrepresentationRef. 83-5-35g. Credit Scoring Adverse-ActionRef. 15 USCA § 1681mh. DefamationRef. 83-5-35i. DiscriminationRef. 83-2-3j. Failure to issue proper receiptsRef. 83-17-71k. Cease and desistRef. 83-1-51; 83-5-41l. AdvertisingRef. 83-5-35; 83-17-1, 71; MAC 19-1:3.01m. FraudRef. 7-5-303; 83-17-713. Producer responsibilitiesa. Policy deliveriesRef. (2007-1) MAC 19-1:34.04-.05b. Premium accountability (e.g. fiduciary responsibility)Ref. 83-17-71; Reg. (2000-4 Sec 4) MAC 19-1:25.04c. Separate Account RequirementRef. Reg. 79-001; MAC 19-1:11.01d. Reply to the Insurance CommissionerRef. 83-24-13e. Burden of determining authorizationRef. 83-1-234. Compensationa. Payment of commissionsRef. 83-17-73b. Duly licensed producerRef. 83-17-7c. Referral FeeRef. 83-17-7d. Controlled BusinessRef. 83-17-1E. Cancellation/Nonrenewal1. Property policiesa. Personal Lines(1) HomeownersRef. 83-5-28(2) AutomobileRef. 83-11-1 through 21b. Commercial LinesRef. 83-5-282. Proof of NoticeRef. 83-11-9, 13F. Applications and Binders1. Binding coverageRef. (2009-1) MAC 19-5:4.01-.06CASUALTY PRODUCERCONTENT OUTLINE(60 scored questions plus 15 pretest questions)I. TYPES OF POLICIES, BONDS, AND RELATED TERMS . 25A. Commercial general liability1. Exposuresa. Premises and Operationsb. Products and Completed Operations2. Coveragea. Coverage A: Bodily Injury and Property DamageLiability(1) Occurrence(2) Claims made(a) Retroactive Dateb. Coverage B: Personal Injury and Advertising Injuryc. Coverage C: Medical Paymentsd. Supplemental PaymentsMISSISSIPPI Insurance Supplement - Examination Content Outlines9Effective: May 21, 2021

e. Who is an insuredf. Limits(1) Per occurrence(2) Annual Aggregateg. Damage to Property of OthersB. Automobile: personal auto and business auto1. Liabilitya. Bodily Injuryb. Property Damagec. Split Limitsd. Combined Single Limit2. Medical Payments3. Physical Damage (collision; other than collision;specified perils)4. Uninsured motorists5. Underinsured motorists6. Who is an insured7. Types of Autoa. Ownedb. Non-ownedc. Hiredd. Temporary Substitutee. Newly Acquired Autosf. Transportation Expense and Rental ReimbursementExpense8. Garage Coverage Form, including GaragekeepersInsurance9. Exclusions10. Individual Insured and Drive Other Car (DOC)C. Workers Compensation Insurance, Employers LiabilityInsurance, and Related Issues(This section does not deal with specifics of state law)1. Standard policy conceptsa. Who is an employee/employerb. Compensation2. Work-related vs. non-work-related3. Other states’ insurance4. Employers Liability5. Exclusive remedy6. Premium DeterminationD. Crime1. Employee Dishonesty2. Theft3. Robbery4. Burglary5. Forgery and Alteration6. Mysterious disappearanceE. Bonds1. Surety2. FidelityF. Professional liability1. Errors and Omissions2. Medical Malpractice3. Directors and Officers (D&O)4. Employment Practices Liability (EPLI)5. Cyber liability and data breachG. Umbrella/Excess Liability2. Morale3. PhysicalC. IndemnityD. Insurable interestE. Loss valuation1. Actual cash value2. Replacement cost3. Market value4. Stated/agreed value5. Salvage valueF. NegligenceG. LiabilityH. OccurrenceI. BindersJ. WarrantiesK. RepresentationsL. ConcealmentM. Deposit Premium/AuditN. Certificate of InsuranceO. Law of Large NumbersP. Pure vs. Speculative RiskQ. EndorsementsR. Damages1. Compensatorya. Generalb. Special2. PunitiveS. Compliance with provisions of Fair Credit ReportingActIII. POLICY PROVISIONS. 11A. DeclarationsB. Insuring agreementC. ConditionsD. Exclusions and LimitationsE. Definition of the insuredF. Duties of the insured after a lossG. Cancellation and nonrenewal provisionsH. Supplementary paymentsI. Proof of lossJ. Notice of claimK. ArbitrationL. Other insuranceM. SubrogationN. Loss settlement provisions including consent to settlea lossO. Terrorism Risk Insurance Act (TRIA)IV. Mississippi Casualty Insurance Laws 10(All references are to sections of Title 83, MS Regulation andMS Administrative Code (MAC))A. Commissioner1. Broad PowersRef. 83-1-47, 49, 512. Examination of RecordsRef. 83-5-37, 653. Notice of hearingRef. 83-5-394

MISSISSIPPI Insurance Supplement - Examination Content Outlines Effective: May 21, 2021 2 1. Personal insurance needs 2. Business insurance needs a. Key person . MS Regulation and MS Administrative Code (MAC)) A. Commissioner 1. Broad Powers Ref. 83-1-47, 49, 51 2. Examination of Records Ref. 83-5-37, 65 3. Notice of hearing