TERM LB
What does "LB" Stand for?
Living benefits
What does IUL stand for?
Indexed Universal Life
What does FIA stand for?
FIXED INDEXED ANNUITY
The Biggest ____ always WINS
The biggest BUILDER always WINS
What are the 5 F's
Faith, Family, Finance, Fitness, Fun
Does Term LB accumulate cash value?
No
What is the floor & cap?
floor protects your cash value from market losses, cap is the maximum interest rate the insurance company will credit in a given period
Whats the best age demographic for an FIA?
50-75 years old
We are the ____ Company
we are the BUILDERS company
What type or marketing did GFI trademark?
Inspirational Marketing
What type of conditions does Term LB protect you from?
Critical, Chronic and Terminal illness
Is an IUL directly invested in the stock market?
An IUL is not directly invested in this
What is the difference between an income and growth annuity?
Growth - Grows assets
Income - Protects retirees from running out of income during retirement
As a CFT what is your monthly minimum directs?
2
What are GFIs main partnerships?
ETHOS and Sequoia Capital
What are the most common term durations?
10,15,20 & 30 years
What is a participating loan?
This type of loan continues earning index-linked interest on borrowed cash value.
Up to what % of the assets can be accessed without penalty?
up to 10%
What is the formula to hit Marketing Director?
5 Directs, 3 months in a row taken thru the system properly.
What is another acronym for GFI?
God Favored Individuals
What is a term conversion?
When a term converts into IUL so it can now accumulate cash value
What is the tax code IUL is famous for and when was it created?
7702(2) in 1997
What accounts for sure can you roll over?
IRA, Old 401k ,Roth IRA
How many EMD promoted to be a SR partner
10
Who is the Founder, CEO, President and Field Chairman in GFI?
Sandra Olson
Eric Olson
Marty Schafer
Matthew Welsh