SIMPLIFIED TERM
This is the maximum coverage amount for a 56-year-old client
What is $499,999?
This is the minimum amount of coverage for a T-100 policy
What is $50,000?
The maximum amount of coverage for a GA policy
What is $40,000?
The maximum amount of coverage
What is $75,000?
The very first recording we play on majority on our calls
What is the Privacy Statement?
This is the maximum age that a client can qualify
What is age 70?
These are the term rider options for a T-100 policy
What are T10 and T20?
This benefit is 5X the natural death benefit
What is the accidental death benefit?
Are the illnesses in which it covers
What are heart attack, cancer, and stoke?
This lets the client know who you are, what you do, and what you can do for the client
What is the Value Proposition?
An option build within the policy, so the client can extend the policy to a permanent status
What is conversion?
This option allows the client to increase a YourTerm policy to a longer term length
What is exchange?
Is the minimum age to qualify for Guaranteed Acceptance.
What is 40?
This rider allows a beneficiary to receive the lump sum of premiums paid if the client dies within the 30-day Elimination Period
What is the Return of Premium on Death rider?
What is Lock the PNA?
Along with the Term Rider, this is the only other rider available
What is Children's Term Rider?
This is the maximum a client can apply for, without authorization
What is $10,000,000?
Is the major exclusion related to the policy (GA)
What is natural death is not covered in the first 2 years?
The client no longer qualifies to apply after this age
What is 50?
It's a good idea to do this periodically, to ensure the client stays engaged
What is checking for understanding?
A client (55 or younger) can have multiple simplified term policies, as long as the coverage does not exceed this amount
What is $1,000,000?
This payment method is exclusive to YourTerm and T-100 policies (as well at Simplified Critical Illness), and should only be chosen as a last resort.
What is direct bill?
Is the policy fee for the Guaranteed Acceptance
What is, there is no fee?
The premium increase every ____ years
What is 10?
We use this system to collect client's credit card information
What is IVR?