Insurance Exam Prep

Ran Chen, EA, CFP®
  • 4.0 (4)
  • Courses

Insurance Exam Prep is a daily podcast designed to help future insurance professionals pass their licensing exams with clarity and confidence. Built and operated by OpenExamPrep, this podcast breaks down insurance licensing exams into focused, easy-to-digest episodes covering Life Insurance, Health Insurance, and Property & Casualty, across both the national portion and state-specific requirements. Each episode targets one key concept, common exam trap, or high-frequency test topic—making it ideal for studying during commutes, workouts, or short study sessions. Created by Ran Chen, EA, CFP®, a financial professional and exam specialist who has personally passed multiple professional licensing exams, Insurance Exam Prep was developed from firsthand experience with how complex—and often poorly taught—insurance exam material can be. The goal is simple: make insurance exam preparation clearer, more accessible, and more effective through structured explanations and modern learning tools. Whether you’re preparing for a Life, Health, or P&C exam, just starting your licensing journey, or reviewing before test day, this podcast is designed to guide you step by step—one concept at a time. Free practice tools, AI-powered explanations, and additional exam prep resources are available at: https://open-exam-prep.com/

  1. 22h ago

    [TX P&C] 25. Final Review of Texas P&C State-Law Decisions

    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: * How Texas Insurance Code § 542.055 requires 15 calendar days (30 business days for surplus lines) for admitted carriers to acknowledge covered first-party claims. * How weather-related catastrophe designations under § 542.059 extend prompt payment deadlines by 15 calendar days, and how § 542.056 permits a 45-day decision extension notice. * How to distinguish initial claim acknowledgment timelines from the 15 business-day claim acceptance or rejection deadline under § 542.056. * How Texas Insurance Code § 4005.053 prohibits paying unlicensed individuals for agent services while permitting deferred commissions and qualified referral fees. * How producer conduct, licensing rules, and surplus lines diligence interface with a systematic source-check routine without relying on guaranteed passing claims. For independent study materials and free practice resources, visit https://open-exam-prep.com/practice/tx-property-casualty and subscribe on YouTube at https://www.youtube.com/@Open-exam-prep . Sources checked: September 28, 2026 https://tcss.legis.texas.gov/resources/IN/htm/IN.542.htm https://tcss.legis.texas.gov/resources/IN/htm/IN.4005.htm https://www.tdi.texas.gov/consumer/index.html

  2. 1d ago

    [TX P&C] 24. Workers Compensation and Claims-Conduct Case Review

    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How elective employer subscription in Texas operates, including exceptions for public entities and public construction contracts. - Statutory exclusive remedy protections and narrow exceptions like gross negligence causing death. - How course and scope of employment defines employee eligibility for statutory benefits. - Employee reporting rules, statutory exceptions to thirty-day notice, and insurer claims obligations. - Why routine employee safety rule violations do not defeat claims under the no-fault system. For independent study materials, visit https://open-exam-prep.com/practice/tx-property-casualty and check our video channel at https://www.youtube.com/@Open-exam-prep . Sources checked: September 28, 2026 https://tcss.legis.texas.gov/resources/LA/htm/LA.406.htm https://www.tdi.texas.gov/wc/index.html

  3. 2d ago

    [TX P&C] 23. Auto Limits, PIP and UM/UIM Case Review

    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: * How to separate third-party liability limits from first-party policy benefits in Texas automobile insurance claims. * How Personal Injury Protection (PIP) provides first-party no-fault coverage up to policy limits unless rejected in writing. * How Texas Insurance Code Section 1952.106 calculates Underinsured Motorist (UIM) benefits by deducting liability recoveries from actual damages rather than netting policy limits. * Why claimants with identical bodily injury damages achieve different total recoveries depending on their PIP and UIM elections. * An exam-tested decision rule for solving multi-policy auto claim calculations on the Texas P&C licensing exam. Prepare independently for your license with comprehensive study tools at https://open-exam-prep.com/practice/tx-property-casualty and watch detailed video walkthroughs at https://www.youtube.com/@Open-exam-prep . Sources checked: September 28, 2026 https://tcss.legis.texas.gov/resources/IN/htm/IN.1952.htm https://www.tdi.texas.gov/consumer/index.html https://www.pearsonvue.com/content/dam/VUE/vue/en/documents/publications/124401.pdf

  4. 3d ago

    [TX P&C] 22. Homeowners, Coastal Wind and Flood Case Review

    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How to differentiate private homeowners wind endorsements, TWIA windstorm coverage, and flood insurance. - The statutory requirement for private insurer declination from an admitted carrier before seeking TWIA coverage. - Valid building code Certificates of Compliance including TDI WPI-8, WPI-8-E, historical TWIA WPI-8-C, and statutory exceptions. - The three specific conditions that trigger mandatory flood insurance for TWIA eligibility in NFIP V flood zones built or altered after September 1, 2009. - Why treating TWIA windstorm policies and flood insurance as interchangeable creates a major exam trap. OpenExamPrep provides independent study resources to support your exam preparation; practice interactive test questions at https://open-exam-prep.com/practice/tx-property-casualty and find video guides at https://www.youtube.com/@Open-exam-prep . Sources checked: September 28, 2026 - https://tcss.legis.texas.gov/resources/IN/htm/IN.2210.htm - https://www.tdi.texas.gov/agent/general-property-apply.html - https://www.tdi.texas.gov/consumer/index.html

  5. 4d ago

    [TX P&C] 21. Licensing and Premium-Handling Case Review

    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: * The legal rules governing acting before TDI receives notice of an additional insurer appointment under Texas Insurance Code. * How Texas agent license expiration on the last day of the birth month impacts biennial continuing education requirements. * Why fiduciary trust responsibilities strictly prohibit using policyholder premiums for personal or operating expenses. * Exam traps involving appointment notice timelines, grace period assumptions, and temporary premium diversion. * A practical decision rule distinguishing license qualification, carrier appointment authority, and fiduciary duties. This independent prep episode helps you master Texas licensing and premium-handling rules. For additional practice questions, visit https://open-exam-prep.com/practice/tx-property-casualty and explore our video tutorials at https://www.youtube.com/@Open-exam-prep . Sources checked: September 28, 2026 * https://tcss.legis.texas.gov/resources/IN/htm/IN.4001.htm * https://www.tdi.texas.gov/agent/general-property-apply.html * https://www.pearsonvue.com/content/dam/VUE/vue/en/documents/publications/124401.pdf

  6. 5d ago

    [TX P&C] 20. Surplus Lines, Guaranty Protection and Residual Markets

    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The legal distinctions between admitted insurers and eligible surplus lines carriers in Texas. - Statutory guaranty association limits, exclusions, and Chapter 462 eligibility rules. - Placement restrictions, diligent search exceptions, and surplus lines licensing rules. - The required Section 981.101 disclosure warning on surplus lines documents. - Program-specific residual market mechanisms and Joint Underwriting Association roles. This independent prep episode is designed to help you master Texas property and casualty exam topics. Access practice materials at https://open-exam-prep.com/practice/tx-property-casualty and subscribe on YouTube at https://www.youtube.com/@Open-exam-prep . Sources checked: September 28, 2026 - https://tcss.legis.texas.gov/resources/IN/htm/IN.981.htm - https://tcss.legis.texas.gov/resources/IN/htm/IN.462.htm - https://www.tdi.texas.gov/agent/general-property-apply.html

  7. 6d ago

    [TX P&C] 19. Workers Compensation Benefits and Claim Scenarios

    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: • How Texas medical benefits cover reasonable and necessary care without standard policy time or dollar limits. • How temporary income benefits (TIBs) are calculated with statutory caps, low-wage exceptions, and MMI duration rules. • How impairment income benefits (IIBs) compensate for permanent physical damage based on three weeks per percentage point. • How death and burial benefits protect eligible beneficiaries, including the first responder spouse remarrying exception. • How to evaluate workers compensation claim scenarios accurately for the Texas General Lines exam. This independent study resource is designed to help candidates prepare for the Texas General Lines Property and Casualty insurance licensing exam. Practice questions are available at https://open-exam-prep.com/practice/tx-property-casualty and video lessons can be found at https://www.youtube.com/@Open-exam-prep . Sources checked: September 28, 2026 • https://www.tdi.texas.gov/wc/employee/index.html • https://tcss.legis.texas.gov/resources/LA/htm/LA.408.htm

  8. Oct 23

    [TX P&C] 18. Texas Workers Compensation and Nonsubscriber Employers

    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: • The distinction between subscribing and nonsubscribing employers under Texas law. • Exceptions where workers compensation coverage is legally mandatory in Texas. • How the exclusive remedy doctrine functions alongside statutory gross negligence exceptions. • The three common-law defenses forfeited by nonsubscribing employers in tort suits. • Administrative notice duties and why non-subscriber negligence claims still require proving causation. This episode provides independent educational material for learners preparing for the Texas Property and Casualty insurance license exam. For practice resources, visit https://open-exam-prep.com/practice/tx-property-casualty and check out our channel at https://www.youtube.com/@Open-exam-prep . Sources checked: September 28, 2026: • https://tcss.legis.texas.gov/resources/LA/htm/LA.406.htm • https://www.tdi.texas.gov/wc/employer/index.html • https://www.tdi.texas.gov/consumer/index.html

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About

Insurance Exam Prep is a daily podcast designed to help future insurance professionals pass their licensing exams with clarity and confidence. Built and operated by OpenExamPrep, this podcast breaks down insurance licensing exams into focused, easy-to-digest episodes covering Life Insurance, Health Insurance, and Property & Casualty, across both the national portion and state-specific requirements. Each episode targets one key concept, common exam trap, or high-frequency test topic—making it ideal for studying during commutes, workouts, or short study sessions. Created by Ran Chen, EA, CFP®, a financial professional and exam specialist who has personally passed multiple professional licensing exams, Insurance Exam Prep was developed from firsthand experience with how complex—and often poorly taught—insurance exam material can be. The goal is simple: make insurance exam preparation clearer, more accessible, and more effective through structured explanations and modern learning tools. Whether you’re preparing for a Life, Health, or P&C exam, just starting your licensing journey, or reviewing before test day, this podcast is designed to guide you step by step—one concept at a time. Free practice tools, AI-powered explanations, and additional exam prep resources are available at: https://open-exam-prep.com/

Information

  • Creator
    Ran Chen, EA, CFP®
  • Years Active
    2026
  • Episodes
    292
  • Rating
    Clean
  • Copyright
    © Copyright 2026 Ran Chen, EA, CFP®
  • Show Website
    Insurance Exam Prep

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