You Down w/ MGP?
This section allows advisors to understand their clients' personal visions of Retirement
What is Expectations?
Provides coverage during a predefined time period
What is term insurance?
What is Wall Street?
Provides a set time and rate for the product
What is a fixed annuity?
What % is available for partial withdraw from Protective Series Statement Maximizer?
25%
Will not be reallocated with the rest of the portfolio in the Recommended and What If scenarios, rather, it will grow at the rate of return applicable to its own allocation.
What is a Locked Account?
- Provides lifetime coverage
- Guaranteed premiums
- Guaranteed death benefits
- Guaranteed minimum cash value
What is Whole Life?
The Big Short 2015 : Character played by Steve Carrell portraying Mark Baum, confronts this credit rating agency about not properly rating subprime bonds
What is Standard and Poor’s?
Add on benefit to a contract
What is a rider?
What is the minimum premium for Legacy Forward II from W&S?
$10,000
Calculation that shows the client's ability to fund goals, assuming randomized returns, over his or her lifetime.
What is Monte Carlo calculation?
Name the 6 ADLs (Activities of Daily Living)
(1) bathing
(2) eating
(3) dressing
(4) transferring
(5) continence
(6) toileting
A 2005 documentary about an energy, commodities, and services company that dives from the seventh largest US company and filed for bankruptcy in 2001
What is Enron: The Smartest Guys in the Room?
Current rate for Great American Aspire 5 for $100k
What is 2.15%
What is the range of issue ages for Protective Series Statement Maximizer?
Ages 50-85
Green portion of the Monte Carlo meter and helps define what an acceptable probability of success is for the plan
What is The Confidence Zone?
Protective Estate Maximizer - Maximum Premium for instant approval for clients between 65-80
What is $225,000?
The Wolf of Wall Street 2013 : The brokerage firm founded by Jordan Belfort, who is played by actor Leonardo DiCaprio
What is Stratton Oakmont?
Platform used to research variable annuity features
What is Morningstar Annuity Intelligence?
What is the minimum face amount for Asset Care with Return of Premium from One America?
$50,000
Three ways to determine recommendations to get the client into the Confidence Zone
(1) Summary of Changes page
(2) What if Worksheet
(3) Plan Summary
Name the three insurance highlights only available through One America.
(1) ONLY asset based product to offer LIFETIME LTC benefits
(2) ONLY organization to offer a JOINT policy w/ unlimited long-term care benefits for BOTH insureds
(3) ONLY organization to offer LTC solutions that can accept Qualified transfers/rollovers
The Big Short 2015 : Actor Christian Bale portraying the role of Michael Burry, convinces big investment firms, like Goldman Sachs, to create and sell this type of financial derivative
What are Credit Default Swaps on Mortgage Backed Bonds?
5 minimum required forms required to submit annuity business thru Compliance
(1) Annuity Acknowledgement
(2) Needs Assessment
(3) MGP
(4) Illustration from Provider
(5) Application from Provider
What is the range of issue ages for Legacy Forward II from W&S?
Ages 18-39