DO YOU KNOW?
Do you know what type of policy Heirloom is?
Group Term Life Insurance with an Accelerated Death Benefit.
What are the eligible ages for Heirloom enrollment?
Ages 18–70.
A plan that has deductibles
A plan that includes eligibility requirements that needs to be presented during the
enrollment process
What additional benefit may provide extra payout if an accident occurs while wearing a seatbelt?
Seatbelt Benefit
A member with the Heirloom $20K plan passes away from a covered cause. What is the base life benefit?
$20,000
Do you know what association sponsors the Heirloom plan?
Emergency Management Alliance (EMA).
Can dependent children be covered under Heirloom?
Yes, unmarried dependent children under age 26 may be eligible.
Employer Group Insurance
A group plan offered through Emergency Management Alliance (EMA)
A member suffers a covered accidental injury resulting in a qualifying AD&D loss. If the member was in a coma what is their benefit amount?
1% of AD&D/mo
What is the most a member can receive for an Accelerated Death Benefit
Heirloom $20K pays out $10,000 for Accelerated Death Benefit
Do you know who underwrites the Heirloom plan?
ManhattanLife Insurance and Annuity Company.
True or False: A member can enroll in Heirloom even if they are not actively working 20 hours per week.
A plan that has copays
A plan that pays a set benefit amount for covered accidental injuries and death
What additional benefit may provide extra payout if an accident occurs while wearing a seatbelt?
Seatbelt Benefit
Do you know what benefit allows a member to access part of the death benefit early due to terminal illness?
Accelerated Death Benefit.
What must agents have before selling Heirloom in Tennessee?
They must be licensed and appointed with Manhattan Life Insurance and Annuity Company and also must be licensed and appointed in Tennessee to sell Heirloom.
A plan that meets ACA minimum essential coverage
A plan with waiting period for the Term Life Insurance benefit
A member enrolls in Heirloom on January 10th and passes away in June of the same year. Would the Term Life Insurance benefit be payable?
No. The life benefit does not become effective until the 1st of the month following 11 months of continuous paid membership.
What percent amount of the AD&D benefit would you receive for qualifying paralysis?
100% of Paralysis Benefit
Do you know how long a member must maintain continuous paid membership before the Term Life Insurance benefit becomes effective?
The 1st of the month following 11 months of continuous paid membership.
I was diagnosed with a pre-existing condition 13 months prior to my policy start date. I passed away due to this pre-existing condition 10 months after the policy effective date. How much of my policy if any am I eligible for?
If a member has a pre-existing condition that is diagnosed or symptoms occurred in the 12 months prior to the policy effective date, no benefits will be paid for the first 12 months of the policy effective date. In this Scenario they were diagnosed 13 months prior which is 1 month outside the non elegibility exclusion.
Major Medical or Comprehensive Insurance
An EMA Association Membership Package which includes Group Term Life w/
Accelerated Death Benefit and Accidental Death & Dismemberment (AD&D) plan
underwritten by Manhattan Life Insurance and Annuity Company.
A member leaves the association after maintaining coverage for more than six months and wants to continue coverage directly. What feature may allow this
Portability
A member with the Heirloom $10K plan qualifies for the Accelerated Death Benefit. What is the accelerated amount available?
$5,000.