Life Insurance
This is the primary reason that most people in Middle Income America need life insurance.
What is income protection?
Besides the monthly fee, this is a key difference between a family plan and a group plan expense.
What is the $10 enrollment fee?
This part of your auto policy pays for damages you cause to other people's cars or property.
What is Liability Coverage?
This is the primary purpose of an appraisal in the mortgage process.
What is determining the current market value of the home for the lender?
This is what the acronym PAC stands for.
What is Pre-Authorized Checking?
This happens to other company's life insurance policies when the insured outlives the term.
What is "the coverage expires"?
This is what a Rep would be compensated for helping a family with PLPP.
What is $50
This covers damage to your own car from accidents?
What is collision?
What is Debt-to-Income ratio?
By rule of thumb, $300/month invested in a program that averages 12% will grow to this amount after 20 years.
What is $300,000?
This is the rule of thumb for how much life insurance a person should carry to properly cover their family.
What is 10-15 times their income?
South Carolina, Virginia, New Jersey and Massachusetts are different from the rest of the US in this way with regard to PLPP.
What is a licensing requirement?
If your car is stolen, this coverage pays for a rental car.
What is Comprehensive Coverage?
PMI is necessary under this specific circumstance.
What is when the downpayment is less than 20%?
By rule of thumb, $300/month invested in a program that averages 12% will grow to this amount after 30 years.
What is $1,050,000?
This is a major reason that retirees really do not need life insurance, while young people do.
What is financial independence?
Dennis O'Keefe, Craig Gantt, Greg Streib, Leon Vaughn, and Dave Villalba all share this title in Primerica.
What is Territory Sales Manager?
This is the financial responsibility you pay before insurance starts paying.
What is the deductible?
The 4 Cs of lending include these 4 measurements.
What are Capacity, Capital, Credit, and Collateral?
These are the 3 D's of investing.
What are Discipline, Diversification and Dollar Cost Averaging
If a Sr Regional Leader has a District Leader direct to them that earns a $500 commission, the Sr Regional Leader receives this override.
What is $300?
According to USA Today, less that 1/3 of Americans have this legal document.
What is a Will?
This is the term for covered events like fire, theft, or windstorms.
What are Perils?
The acronym PITI stands for this.
What is Principle, Interest, Taxes and Insurance?
This is the full name of the type of investment that is a customized stock portfolio that has features which makes it especially useful in Non-Qualified accounts.
What are Separately Managed Accounts?