Proof of Authorizations
This bank contacts Business Support when proof of authorization is needed.
What is Commerce Bank?
This number used to identify and access policy details in PAS/OIPA.
What is a Policy Number?
This department monitors financial processes and balances reports.
What is Financial Monitoring?
This person receives the money from a life insurance policy after the insured dies.
Who is the Beneficiary?
This person is the President and CEO of Americo.
Who is Tim Stonehocker?
This is the status of a policy in which a Draft Stop work object is created.
What is an Active Policy?
This system is used to view loan information on AM policies.
What is PAS/OIPA?
This bank is commonly used to process and monitor many of the company's banking transactions and reports.
What is Commerce Bank?
This amount is paid regularly to keep an insurance policy active.
What is a Premium?
This type of employee is paired with interns to provide guidance and support throughout the program.
What is a Mentor?
If a policy is in an Active status, this action is created to stop future drafts.
What is a Draft Stop?
This may be charged on an unpaid policy loan over time.
What is Interest?
This task verifies that the policy owner or payor gave permission for Americo to draft funds from their bank account
What is Proof of Authorization?
This type of surrender reduces the cash value of a life insurance policy while keeping the policy in force.
What is a Partial Surrender?
This is the name of the department that the interns shadowed first.
What is Producer Services?
This document is usually provided to prove the customer authorized bank drafts.
What is a Bank Draft Authorization form?
Before processing a loan request, you should verify this person's identity.
Who is the Owner?
This is the name of the supervisor of Financial Monitoring.
Who is Jaime Crum?
This process determines whether someone qualifies for coverage.
What is Underwriting?
This insurance company was acquired by Americo in 2025.
What is Ozark National Life?
This number is used to locate a specific PAS/OIPA policy when completing a Proof of Authorization request.
What is the Individual ID or billing reference number?
This value in the policy is used to support a loan.
What is Cash Value?
This is what the acronym EFT stands for.
What is Electronic Funds Transfer?
This underwriting classification is typically associated with lower mortality risk and lower premium rates.
What is a Non-Smoker?
This family name is most closely associated with Americo's history and growth.
Who are the Merriman's?