The collection of insurance products offered for sale by an insurance company
What is a portfolio?
100
The part of life insurance that is always tax-free
What is the death benefit?
100
This provides for the premiums to be paid by the insurance company while the insured is unable to work
What is the Waiver of Premium for Disability Rider?
100
Applicants and agents have until midnight to complete this e-app action once it's begun
What is completing the signatures?
100
What's the HMS PLUS 100 premium for a 50 year old, male, NS, wanting $100,000 30 year term?
What is the quoting software (or agent guide, or rate sheet, ect)?
200
The money guaranteed by a fixed annuity policy
What is a principal?
200
The amount penalized if cash value is used during the first several years of a policy
What is the surrender charge?
200
The type of benefit used for terminal illness and critical illness
What is an accelerated death benefit?
200
The period of time beginning when the insurance policy is received by the policy owner and ending 30 days later.
What is the free look period?
200
Is KU Med Center an eligible institution for LifeTime Legacy's Accelerated Benefit Payment Rider?
What is the agent guide?
300
Make sure to use Sales Connection to generate the required disclosure for all life sales in this state
What is Pennsylvania?
300
For Income Term, when death benefit payments cease for the monthly income option
What is the end of the Monthly Income Death Period?
300
The only life policy Americo sells with no living benefits included or available to be added
What is HMS Plus w/ADB?
300
The 6 month period that begins the first month that the client is age 65 or over and are also enrolled in Part B
What is Open Enrollment Period?
300
This client has some known health issues. Do they qualify?
What is an underwriter?
400
Denoted by letters, the most common Med Sups sold by Americo
What are Plans F and G
400
For cash value policies, this describes the total amount of cash currently in the policy
What is the accumulation value?
400
This life insurance policy can guarantee a lifetime income
What is LifeCrest Index?
400
The length of time after policy issue that agents have to complete outstanding requirements.
What is 45 days?
400
What is the Med Sup Household Discount in Florida?
What is the Med Sup State Variations flyer?
500
The percentage of market gain that is used to determine the credited interest
What is a Participation Rate?
500
The additional underwriting requirement for a 30 year old applying for $150,000 of LifeCrest
What is a saliva kit?
500
The advantage of purchasing a QLAC vs other types of annuities
What is deferred Required Minimum Distribution?
500
The period each year from January 1 - March 31, during which seniors can enroll in Medicare Parts A and B if they miss their initial enrollment period.
What is the General Enrollment Period?
500
What is the surrender charge in year 4 for Future Provider in Washington?