Insurance Exam Prep

Ran Chen, EA, CFP®
  • 3.7 (3)
  • 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. 13h ago

    [TX P&C] 9. Premium Handling, Fiduciary Duties and Commission Sharing

    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: - Fiduciary duties of Texas P&C agents regarding premium collection, proper accounting, and the strict ban on fund diversion. - Legal restrictions on sharing commissions with unlicensed individuals under Texas Insurance Code Section 4005.053. - The two conditional statutory requirements for lawful referral fees paid to unlicensed lead sources. - How discussing policy coverage terms or conditioning fees on actual sales turns a referral into illegal unlicensed solicitation. - Decision rules for evaluating compliant accounting and referral practices on the Texas General Lines P&C exam. This independent study resource helps candidates prepare for the Texas General Lines Property and Casualty exam. For practice modules, 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.4005.htm https://www.tdi.texas.gov/agent/general-property-apply.html

  2. 1d ago

    [TX P&C] 8. Misrepresentation, Rebating and Unfair Competition

    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 misrepresentation, defamation, coercion, and illegal rebating under Texas law. - The specific Texas statutory exception permitting promotional advertising items, educational items, or traditional courtesies valued at $25 or less in connection with policy offers or sales. - How loss-control services relative to policy coverage and premiums fit into Texas anti-rebating provisions. - A concrete sales scenario illustrating multiple concurrent unfair trade practice violations. - A simple decision rule (M-D-C-R) to quickly analyze unfair competition questions on the exam. This independent educational resource helps candidates prepare for the Texas General Lines Property and Casualty insurance licensing exam. Access interactive study tools at https://open-exam-prep.com/practice/tx-property-casualty and https://www.youtube.com/@Open-exam-prep . Sources checked: September 28, 2026: - https://tcss.legis.texas.gov/resources/IN/htm/IN.1806.htm - https://www.tdi.texas.gov/agent/general-property-apply.html

  3. 2d ago

    [TX P&C] 7. Reporting Changes and Avoiding License Discipline

    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: • Statutory reporting deadlines for individual agents under Texas Insurance Code Section 4001.252. • The requirement for monthly notification regarding address changes, felony convictions, and administrative actions. • Why relying on insurance carriers or external databases to update state records leads to licensing violations. • An original exam scenario illustrating how unreported out-of-state consent orders create grounds for discipline. • A memory decision rule to recall personal agent reporting obligations on exam day. Prepare for the Texas General Lines Property and Casualty insurance exam with our independent study materials. Practice online questions at https://open-exam-prep.com/practice/tx-property-casualty and view supplementary video lessons 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

  4. 3d ago

    [TX P&C] 6. Renewal, Continuing Education and License Records

    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: - Requirements for the biennial Texas General Lines Property and Casualty license renewal and CE cycle. - The 24-hour total CE rule, including the 3-hour ethics requirement and 12-hour classroom-equivalent minimum. - Statutory exemptions, including the 20-year continuous licensure exemption and non-resident agent rules. - Distinction between completing CE, administrative license renewal, and paying applicable late completion fines. - Record retention obligations for maintaining CE completion certificates for at least four years for TDI audits. This independent study guide helps you prepare for the Texas General Lines Property and Casualty licensing examination. Access additional study materials at https://open-exam-prep.com/practice/tx-property-casualty and subscribe to our video channel at https://www.youtube.com/@Open-exam-prep . Sources checked: September 28, 2026 https://www.tdi.texas.gov/agent/general-property-apply.html https://tcss.legis.texas.gov/resources/IN/htm/IN.4001.htm

  5. 4d ago

    [TX P&C] 5. Resident and Nonresident Licensing 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: • Key conditions for obtaining a Texas nonresident General Lines P&C license under Texas Insurance Code Chapter 4056. • How reciprocity waives the pre-licensing examination for qualified out-of-state agents without creating blanket exemptions. • The requirement for an active equivalent home-state resident license and how it differs from adjuster designated home state rules. • Important distinctions between individual nonresident agent applicants and foreign insurer statutory requirements. • A practical decision rule for evaluating out-of-state licensing questions on the Texas exam. OpenExamPrep offers independent exam preparation resources to help you study effectively. 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 • Texas Insurance Code Chapter 4056 (Nonresident Agents): https://tcss.legis.texas.gov/resources/IN/htm/IN.CHAPTER.htm • Texas Department of Insurance Non-Resident Licensing Guide: https://www.tdi.texas.gov/agent/general-property-apply.html • Pearson VUE Texas Insurance Candidate Handbook: https://www.pearsonvue.com/content/dam/VUE/vue/en/documents/publications/124401.pdf

  6. 5d ago

    [TX P&C] 4. Agent Licenses, Agencies and Appointments

    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: - Distinct legal roles of individual licenses, agency licenses, and insurer appointments in Texas. - Scope and boundaries of the Texas General Lines Property and Casualty license. - Why an insurer appointment is not required prior to taking the Texas licensing exam. - How Texas Insurance Code Section 4001.204 permits action before TDI receives appointment notice. - How contractual authority limits an agent's binding power. OpenExamPrep provides independent preparation resources for Texas insurance candidates at https://open-exam-prep.com/practice/tx-property-casualty and video lessons at https://www.youtube.com/@Open-exam-prep . Sources checked: September 28, 2026 https://www.tdi.texas.gov/agent/general-property-apply.html https://tcss.legis.texas.gov/resources/IN/htm/IN.4001.htm

  7. 6d ago

    [TX P&C] 3. Admitted Insurers, Certificates of Authority and Domicile

    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 statutory definitions of domestic, foreign, and alien insurers under Texas insurance law. • How a Certificate of Authority grants an insurer admitted status to transact standard business in Texas. • How surplus lines placement differs from admitted business under Texas regulatory rules. • The key regulatory distinctions between an insurer's Certificate of Authority and an agent's license. • Why a foreign insurer incorporated in another state can still be an admitted carrier in Texas. This episode provides independent study material for the Texas General Lines Property and Casualty exam. Practice with free study tools at https://open-exam-prep.com/practice/tx-property-casualty and subscribe to our video channel at https://www.youtube.com/@Open-exam-prep . Sources checked: September 28, 2026 https://tcss.legis.texas.gov/resources/IN/htm/IN.801.htm https://tcss.legis.texas.gov/resources/IN/htm/IN.982.htm

  8. Oct 7

    [TX P&C] 2. What the Texas Insurance Commissioner Can and Cannot Do

    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 core regulatory scope and statutory duties of the Texas Insurance Commissioner. • Powers of examination, administrative hearings, cease and desist orders, and statutory restitution. • Legal boundaries separating Commissioner regulation from legislative statutes, judicial lawsuits, and insurer underwriting. • An original scenario demonstrating TDI access to insurer books and records without requiring a court subpoena. • How to distinguish regulatory administrative remedies from voluntary claim settlements and civil court adjudication. This independent study resource offers targeted preparation for Texas insurance licensing candidates. Access interactive practice modules at https://open-exam-prep.com/practice/tx-property-casualty and supplementary video tutorials at https://www.youtube.com/@Open-exam-prep . Sources checked: September 28, 2026 https://tcss.legis.texas.gov/resources/IN/htm/IN.82.htm https://www.tdi.texas.gov/consumer/index.html

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Ratings & Reviews

3.7
out of 5
3 Ratings

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
    276
  • Rating
    Clean
  • Copyright
    © Copyright 2026 Ran Chen, EA, CFP®
  • Show Website
    Insurance Exam Prep

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