[Series 65] 35, Life Insurance Products in Investment Planning

[Series 65] 35, Life Insurance Products in Investment Planning

From Open Exam Prep by Ran Chen, EA, CFP®

April 28, 2026 · 4 min

About this episode

This episode discusses key aspects of life insurance products relevant to investment planning and exam preparation.

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 key difference between term and permanent life insurance for suitability questions. - Why variable life insurance is considered a security while whole life is not. - The defining feature of universal life insurance that the exam will test: premium flexibility. - The specific rules for a tax-free Section 1035 exchange and the most common exam trap. - How cash value accumulates, its tax treatment, and the impact of policy loans. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep

People in this episode

Host: Ran Chen

Topics covered

  • life insurance products
  • investment planning
  • term vs permanent insurance
  • variable life insurance
  • universal life insurance
  • tax-free exchanges
  • cash value accumulation

Keywords

  • life insurance
  • investment planning
  • term insurance
  • permanent insurance
  • variable life insurance
  • universal life insurance
  • tax treatment
  • cash value
  • policy loans
  • exam preparation

Mentioned in this episode

Organizations: CFP®, Series 65, Section 1035, YouTube Channel, Open Exam Prep

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