Pay
Your commission account has 2,500 in it. How much will it pay out each week?
0$
What are the 3 periods of worksite?
Enrollment, Deduction, Policy effective date
When writing a CLP, what question needs to be answered yes?
Does employee work on a full time basis
Jim is covered under Medicaid, what policies should I NOT offer him.
Accident, cancer
What does FYA stand for
First Year Agent
What is the chargeback % when a policy comes off the books in 0-2 months?
100%
Jim calls me because his son fell of his dirtbike and fractured his wrist. What do I need to make sure (2 things), and what would I need from him to file his claim?
1. Make sure he had a family accident policy
2. Make sure he got treated within 48 hours
Jim would need to fill out a hippa release, claimant statement, and would need to send you an itemized bill
Jim had a DUI 1 year ago, what life policy should I write on him?
Nothing
The DM says I will email you the roster, what is your response
"I will start getting this paperwork filled out while you get that roster"
WHat does COD stand for
Cash On Demand
My DCN is 28%, what is my direct pay?
0%
When should a deduction meeting be scheduled for? Who do you call when doing a deduction meeting?
The Last week of the enrollment period. You have to call Suzie
Jim was diagnosed with cancer more than 8 years ago. He is 51 years old. What life policy should you write on him? What should you remind him of before he leaves? What should you condition him will happen? (PA)
CLP, QAC, his policy will be rated.
When conserving a policy from payroll deduction to bank draft, how many months can be waived for premiums?
3 months
What does CLP stand for
Career Life Plus
What is the commission rate for gt65, 100?
62.5%
You close xyz sawmill, what policy can you not offer to the employees?
Accident protector max
I wrote 2,500, had 1,400 charge off 100%, How much bonus did I make this week?
0%
Every ___ years, you must do continued education to keep your insurance license.
How many credit hours does the course have to be?
Do you have to take another exam?
2 years
24 credit hours
Yes, but its easy
10 RCW
10 year Renewable and Convertible Worksite term
My persistency is 97%, what is my bonus multiplier?
1.3x
What is the Liberty Creed?
Since its organization in 1900, the guiding principle of Liberty National Life Insurance Company has been to achieve success by deserving it, to protect its policyholders, and their beneficiaries with a fair, unselfish contract to serve them faithfully, adequately, honestly, and economically.
I wrote 2k in life, 2k in health, I am at 20% bonus. How much did I make in bonus this week?
2k life x 20%= 400
2k health x 20% = 400, 400 x 20% = 80
Total = 480
How do you check if you or your agent has escrow that needs released?
Scroll to the bottom of ICM, click "escrow" to see what state you need your non-resident license for to get that escrow released
ALX
Modified Life