Forms & Settlement Requirements
This form is also known as the amendment form and must be signed before settling the policy.
What is Form 251?
Backdating allows clients to lock in lower rates by doing this.
What is saving age?
This optional deposit allows clients to purchase paid-up additional insurance.
What is the Excelerator Deposit Option (EDO)?
This feature allows advisors to practice using EZcomplete without affecting real applications.
What is the EZcomplete Sandbox?
If a client has no first name, this must be done in EZcomplete.
What is enter the last name in both the first and last name fields and note it in the advisor notes?
This form confirms the client’s banking information for monthly PAD payments.
What is Form 378?
Life policies can be backdated up to this many days from issue.
What is 364 days?
This modal factor is not applied to EDO payments.
What is 0.0867?
Once submitted, applications remain available on EZcomplete for this many business days.
What is 28 business days?
If a medical provider has a foreign address, this workaround must be used in EZcomplete.
What is enter the client’s address in the provider field and note the correct address in the advisor notes?
This form confirms delivery of the insurance policy and may prevent settlement if not signed (non-WFG).
What is Form 1523 (E-Delivery Receipt)?
Critical Illness policies can be backdated up to this many days from issue.
What is 90 days?
This system shows monthly/annual premiums but excludes EDO amounts.
What is Ingenium (Policy Inquiry > Inquiry Modal Premium)?
This rider cannot be added via EZcomplete for joint UL applications.
What is the CPR rider?
Even for non face-to-face applications, the owner must be physically present in this location when signing.
What is the province where the advisor is licensed?
This form is required for business policies and must include the Business Information Number for issue.
What is Form 594?
Contracts can be forward dated up to this many weeks without underwriter approval.
What is 3 weeks?
This is the minimum term for a term certain annuity if the Equimax policy is a 10-pay and one year of premium has already been paid.
What is 9 years?
Under the Insurance Act, individuals of this age or older may own their own policy without parental consent (except in Quebec).
What is 16 years old?
As of November 28, 2024, advisors must be licensed in this province if the client resides there, regardless of signing location.
What is Quebec?
This document confirms the insured’s health status hasn’t changed and is typically used when a file is reopened.
What is the Health Certificate?
If a client's birthday is December 7th, 1989 how many months would the policy have to be backdated to save age
3 months
This law requires all contracts for clients residing in Quebec to be issued in French, regardless of language preference.
What is Bill 96?
This company obtains APS reports from doctors and forwards them to Equitable Life.
What is ExamOne?
This test is ordered when the original urine specimen shows irregular results.
What are 2 Additional Urine Specimens?