Acronyms
VUL
What is a Variable Universal Life?
10, 15, 20 or 30 years
What are the years for an inforce Term Policy?
What is Life Insurance Awareness Month?
Be covered for your lifetime, no matter how long you live.
What is permanent life insurance?
ART
What is Annual Renewal Term?
Chronic Illness, Chronic Injury, Alzheimer's, Fertility Journey, Terminal Illness, Lewy Body Dementia.
What are riders?
Pink Ribbons, Pink Shirts, The Month of October
Breast Cancer Awareness Month
Insurance contract that provides you with income in retirement.
FIA
FIA
Fixed Indexed Annuity
Maximum earnings percent that may be credited.
What is the Cap?
Her day is in May; His day is in June
What is Mother's Day and Father's Day?
Form of life insurance designed to cover end-of-life costs such as funerals or medical bills.
What is a Final Expense policy?
MEC
Modified Endowment Contract
Two insureds with a need for death benefit protection once both are deceased.
What is Survivorship Indexed Universal Life?
The third full week in October
What is National Business Women's Week?
Insurance protecting against loss of income due to disability.
What is a disability policy?
ROP
Return of Premium
Minimum Face Value for a National Life Term policy?
What is $100,000?
National Entrepreneurship Month
What is November?
Can double LPA (lifetime payout amount) for up to five years if unable to perform two of six activities of daily living (ADLs)
What is an Annuity LPA Multiplier Rider?