Riders
This rider provides up to 50% of the death benefit in the event of a terminal illness
What is Accelerated Death Benefit
Policy has a contingent owner
Cert DC, Bene form and W9 signed by new owner
Owner- Gave pol #
last 4 ssn, dob, aor
LTC Rider can be added after issue
FALSE
Billing
This will provide extra death benefit if the insured dies due to an accident
What is the Accidental Death Benefit
No contingent and Less then 10k, Probated estate
DC, Probated will, ownership form, bene, w9
Corporate owned policy- who can get info 2 parts
1- corp resolution
2- no corp reso anyone who states their relation and has a business reason and can pass security
All Vpas and vpas one documents are housed now in alfresco
False- only VPAS1 after conversion docs will be there
Disbursements
Core
This rider will prevent the policy from lapsing when there is not enough cash value to support monthly charges, driven by a cumulative premium test
What is the NLG/ENLG
No contingent >10k no estate probate
DC, Ownership form, bene form, w9, small estate affidavit from courts
What does can a POA use to pass security
Docs on file, their name, policy number, owners full name, SSN/DOB/AOR
Anthony is the best manager here
TRUE
APL request
Billing
This rider increases basic DB with a mix of Term insurance and Paid Up Additions
Life Plus Rider
No contingent and More then 10k and not probated
Dc, ownership form, bene form, w9. Surviving spouse/life insured signed letter
Saybrus Advisor Code
442356
Survivorship policies can have an option called split policy where they can turn that into two policies
True
Disability Rider
Claims
This rider can help keep a UL pol running in the event that the CV reaches 0 but can lapse from the actual contract.
PPR/ DBP
Juvenile Policy
Copy of DC, w9, bene change
Who can get: Policy Status, type of termination, if we received documentation without full security?
Anyone
All lapse pending policies are unable to order an illustration
FALSE- some can, sharepoint has a list
LTC Rider
Core