Series 66: Contract Exchange

Taken from our Series 66 Online Guide

Contract Exchange

A variable life insurance policy owner has the right to exchange her policy for a traditional policy (typically whole life) with comparable features. Federal law requires the insurance company to make the exchange option available for at least the first two years of the policy. The new policy must offer comparable benefits. The length of time of the policy will be carried over when calculating the new premium values.

+ Read More

More Series 66 Info

What are people saying?

Create an Account

Since you're reading about Series 66: Contract Exchange, you might also be interested in:

Series 82 - Zero Coupon Bonds

Series 79 - 3.1. Liquidity Metrics

Series 53 - Trade Reporting Responsibilities

Series 65 - 6.1.1.1.2.4 Tax Basis on Shares After a Stock Split

Series 7 - Exercise

Series 6 - 1.3.3. Approval and Recordkeeping

Series 53 - 4.1.2. Revenue Bonds

Series 66 - 529 College Savings Plans

Series 82 - Chapter 2 Practice Question Answers

Series 22 - 1.1.5.1. Ownership Allocation

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I used Solomon's Online Exam Simulator as a supplement to company provided materials for the Series 7 & 66, passing with scores of 86% & 88%. The online simulator made it easy to study on the go and provided peace of mind of preparedness walking in on test day. Highly recommended.

John Watlington, Merrill Lynch, Raleigh, NC

I have taken and passed the SIE, Series 7, and Series 66 using this amazing Solomon study program. Each time, I felt prepared for the exam and confident in my answers. Solomon's study structure and varying mediums of study make it interactive and easy to learn.. It's an amazing deal for the tools received. I would highly recommend this program!

Abbigayle Hanoch, LPL Financial. Ventura, NM

Solomon exam prep materials are the best! I have passed the SIE, Series 7, and Series 66 in less than 12 months using their materials. Their products are fantastic! The practice exams are excellent, and the probability calculator is spot on. I followed the provided customized study plan and took practice exams (over 20 lol) until my probability calculator was in the green (indicating a higher probability of passing) and the rest is history. There are no shortcuts. You must put in the work and stay disciplined, but the Solomon program WORKS and I would HIGHLY RECOMMEND them to anyone looking for amazing, comprehensive study materials to prepare for industry examinations.

Brandon Collins, Benchmark. Memphis, TN

Hi Jeremy & Karen, I just passed my 66 today! I'm so thrilled! I had an interruption of my studies a few weeks back due to some distracting issues, but I got back on track, focused hard on the book, the practice quizzes and exams, and I made it! I'm a true believer in the value of your study materials. I'd recommend your firm's materials to anyone that wants to pass the first time they take these really challenging exams. Now I've got my Series 7 and my Series 66, and I did it with the terrific support of this Exam Prep. Thank you for these great study materials.

Howard Silverberg

The Pass the 66 book/audio series, as well as the timely responses I received from the professor, all led to my success in passing the Series 66. This is a test that must be taken seriously, and does just that.

Jason Abbamonte, Charles Schwab, Naples, FL

After hearing horror stories about people struggling and in some cases failing the Series 66, after easily passing the series 7, I invested in both the Series 66 audio book and the Series 66 on-line tests. I passed my Series 66 exam with an 87%!

Mardee Formales, Wells Fargo, San Diego, CA