Mortgage
What is $250,000
What is the pre-existing condition clause?
What is 6x6
What is the percentage paid on a disability claim?
What is 3% of balance on the day of disability
What tool is used to find the remaining balance on a mortgage life certificate?
What is mortgage value calculator
You can upload insurance forms in SA. True or False?
The mortgage disability waiting period is
What is 60 days
What is eligibility age for SP CI?
What is 18 - 59
What is the maximum amount of life coverage for OB?
What is $1,000,000 ages 18-65 and $500,000 ages 66-69
CP Connect is where you find the Gap Assessment Calculator - True or False
What is False - Gap Assessment Calculator is found in ProLender
What are 2 forms available besides claim forms that you can find in SA?
What is beneficiary and PAD form
Mortgage disability will be paid up to ___ of months
What is 24
The maximum disability that will be paid is ____months
What is 120 months
The eligibility and termination ages are the same for LOC and OB, True or False
What is true 18 - 69 eligibility and 75 termination
If a lender puts in a claim for a member, should the lender provide the claim forms?
What is Yes
You can access CP Connect through SA. True or False?
What is true
Can mortgage disability be purchased on its own? True or False
What is True
What is the minimum coverage amount?
What is no minimum
Disability coverage will pay up to____ months for LOC and ____ for OB
What is 24 mths LOC and 60 mths OB
What is the miscellaneous option in Update Certificate Details for?
What is advising CP an increase/decrease in LOC certificate and/or non smoker for 12 months
What are the 3 tools you would find in SA?
What is Discover your needs calculator, Quick Quote, Apply for Insurance
What is the 2 year contestability check?
Insurance rates are based on age and smoking status - True or False
What is false - rates are based on loan amount and amortization
OB has health questions no matter what limit, True or False
False $20,000 and under does not have health questions except for CI
If a member does not have a mortgage, but they have a mortgage policy, this should be cancelled. True or False
What is False - mortgage insurance can also be used for a loan. Confirm original certificate of insurance.
Name 3 reasons why you would use SA
What is smoker vs non smoker, adding insurance to an existing mortgage/LOC, Age difference