Medicare
Age 65 & ESRD
What is the age required to enter Medicare?
Term Insurance
What is life insurance that is for a specific period?
This will happen on day 100 in a hospital for a person on Medicare at midnight.
What is MEDICARE DOESN'T COVER: LONG TERM CARE, NURSING HOME OR CUSTODIAL CARE?
Mutual of Omaha, Ameritas, and Humana offer this .....
What is a DENTAL POLICY?
1970
When was AMERILIFE FOUNDED?
Part A
What is Hospital?
The individual or entity designated to receive the death benefits upon the insured's passing.
What is BENEFICARY?
The inability to perform this number of the six Activities of Daily Living (ADL's) will trigger LTC policy benefits...
What is TWO (2)?
Ambulance, Emergency Room and Daily Hospital Costs can be covered by....
What is a HOSPITAL INDEMENITY?
A state funded spend down that covers long term care.
Part B
What is Medical?
This type of life insurance policy features flexible premiums.
What is Index Universal Life Insurance?
The initial period where the person pays the full cost of Long Term Care.
What type of insurance policy pays a set, fixed cash amount for specific medical events to the insured?
What is an INDEMENITY PLAN?
This is the only fruit that bears it's seeds on the outside....
What is STRAWBERRY?
IRMAA
What is Income Related Monthly Adjustment Amount?
MIB
What is the acronym for a document that summarizes an applicant's medical history?
What are the ADL's? Activities of Daily Living
Heart & Stroke, Cancer, Dental Vision Hearing and Hospital Indemenity
What are SPECIALITY PLANS?
What are the AEP dates?
What is Oct 15th to Dec 7th.
2 years
What is the IRMMA lookback timeframe?
When funding a Life policy do you need Qualifed or Non-Qualifed money?
What is Non-Qualified Money?
The 6 ADL's a defined by insurance companies are bathing, dressing, eating, transferring, toileting and this...
What is CONTINENCE?
This insurance company had a television show that aired from 1963-1988 and what was the name of the show.....
What is MUTUAL OF OMAHA'S WILD KINGDOM?
Your 401K is Qualifed or Non-Qualified money?
What is Qualifed Money.