Health & Fitness
Health Insurance Plan Math: Deductibles, Coinsurance & Out-of-Pocket
BeginnerCertificate$9.99
Insurance License Exam Math: Premiums, Coinsurance, Deductibles & Annuities
Hands-on practice for the math on US-style property & casualty and life & health insurance license exams: premiums from rates per unit, pro-rata and short-rate refunds, the coinsurance clause, deductibles and aggregate limits, auto split limits, life insurance needs, annuity payouts and health plan cost sharing, every cell checked as you go. Independent practice, not affiliated with any state department of insurance or exam provider; check your state's rules.
- One-time payment
- 14-day money-back guarantee
- Secure checkout with Stripe
What you'll build
What you will be able to do
Each lab ends with a concrete result that you build yourself and the checker confirms, cell by cell.
- Price five policies from their rates per unit of coverage, then work out what paying a life premium monthly really costs.
- Count the days five policies were in force, work out the unearned premium and refund each one with the pro-rata or the short-rate method.
- Find the insurance each building should carry, apply the coinsurance penalty to five claims and see the limit cap a total loss.
- Run six liability claims through a per-occurrence deductible, the each-occurrence limit and the annual aggregate, and see who pays what.
- Settle an at-fault accident with four injured people and property damage under 100/300/50 limits and find what the driver owes personally.
- Estimate how much life insurance Daniel needs twice: once from his human life value, once by adding up his family's needs and subtracting what is already there.
- Turn Helen's lump sum into a monthly period-certain payout, find the premium needed for a target income, compare an annuity due and grow a deferred annuity.
- Answer five exam-style cost-sharing questions where the plan's share is given, split each bill between member and plan and chart the split.
About this course
Most insurance licensing candidates know the definitions but lose points on the arithmetic. This course turns the typical exam calculations into short, checked practice labs. You compute premiums from rates per 100 and per 1,000 of coverage, compare pro-rata and short-rate cancellation refunds and apply the coinsurance formula with a deductible. You work through per-occurrence versus aggregate limits and decide who gets paid under auto split limits such as 100/300/50. For life lines you size coverage with human life value and the needs approach, and you handle annuity payouts, lump sums and growth with PMT, PV and FV. A final set of quick checks covers health plan cost sharing. Ideal for property, casualty, life and health exam preparation.
Curriculum
Course content
8 lessons · 8 labs · 2.1 h · final exam
- Unlocked when you buy the course
- Unlocked when you buy the course
- Unlocked when you buy the course
- Unlocked when you buy the course
- Unlocked when you buy the course
- Unlocked when you buy the course
- Unlocked when you buy the course
- Unlocked when you buy the course
- Final exam
Certificate
Finish with a certificate you can verify
Complete every lesson and pass the final exam to receive a certificate of completion for this course, with a unique credential ID and a public verification page.
- Names the course, your score and the date of issue
- A verification link for your CV or LinkedIn profile
- 12 questions, 75% to pass, unlimited retries.
A Tutorvo certificate confirms that you completed a course. It is not an official or professional qualification.
Before you buy
Questions about this course
Is this a subscription?
No. You pay $9.99 once for this course. There is no subscription and nothing renews automatically. Prices are in US dollars; taxes may be added where required.
What exactly do I get?
All lessons and labs of this course, the final exam and the certificate, including later updates to the course, for as long as Tutorvo offers it. Access is personal and tied to your account.
Can I get a refund?
Yes. If you are not satisfied, email hello@tutorvo.com within 14 days of buying and we refund the course in full via Stripe. The guarantee does not apply once a certificate for the course has been issued to you, or where there are signs of abuse.
When can I start?
Right after payment. Access starts immediately at your request; for consumers in the EU/EEA the statutory right of withdrawal therefore ends once access has begun, while our 14-day money-back guarantee applies regardless.
Do I need Excel or other software?
No. The labs run in a spreadsheet inside your browser on a laptop, tablet or phone. Function names and syntax follow Excel.
Is the certificate an official qualification?
No. It confirms that you completed all lessons of the course and passed its final exam. It is not an official, state-recognised or professional qualification. The name is taken from your profile when the certificate is issued.
Full details are in our Terms · hello@tutorvo.com
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