Term Insurance
Permanent Insurance
Wanna buy some insurance?
What's your status
Holy Noteses
100
This is the name of LGA’s term product
What is Opterm
100
This is the name of our UL product
What is Lifestep
100
These are the six UW classes offered at LGA
What are preferred plus NT, preferred NT, preferred T, standard plus NT, standard NT, standard T
100
A case in this status is still being underwritten and possibly pending medical requirements
What is Pending Submitted
100
This note screen is visible only to LGA internal employees
What is Policy notes
200
This is how many different term lengths are offered by LGA.
What is five
200
Our UL product accumulates this which can be surrendered for a lump sum or used to pay premiums
What is Cash Value
200
This type of insurance is recommended for younger people who have debts that will disappear over time
What is Term Insurance
200
This case has already been issued and LGA has received the delivery requirements back allowing them to process the initial premium payment
What is Active
200
Any notes that the GA needs to see would be housed in this note screen
What is Underwriting notes
300
Children can be covered under their parents policy using this type of rider
What is Child Rider
300
Our UL product allows for face amounts as low as this amount
What is $50,000
300
This type of insurance is recommended for older people who will not be able to go through underwriting again
What is Permanent Insurance
300
The underwriter has decided the risk of approving this case is too much for LGA, so they have decided not to offer insurance
What is Terminated Declined
300
This note screen houses any information that was received after the initial application
What is Amendment notes
400
This type of rider prevents LGA from paying a claim on a person who enjoys sky diving all of the time
What is Aviation Exclusion Rider
400
This is the term used when a PI rolls cash value from one permanent product into a new one in order to avoid taxes
What is 1035 Exchange
400
This term refers to a person or entity that would suffer financial hardship should the PI die
What is Insurable Interest
400
A case in this status was once active but the PI stopped making payments
What is Terminated Lapsed
400
This note screen is only visible to the Underwriting department
What is Confidential notes
500
This is the name of temporary insurance that will be on the policy for a certain period of time but then fall off.
What is term rider?
500
This is the age of a PI that the Permanent policy will expire.
What is 121?
500
This term refers to someone who presents a 25% higher mortality risk than the average person underwritten at standard
What is Substandard or Table Rated
500
The GA has not submitted the medical underwriting requirements in a timely manner so we have closed the case.
What is Terminated Incomplete
500
Notes that indicate something special should be done with the case at issue are put in this screen
What is Special Handling notes
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