Whole Life
What is the minimum face amount for the WL Legacy 100 Qualified?
$10,000
What is the minimum face amount required for the Vantage Term?
$100,000
Can we issue a UL Guard policy on an 86 year old applicant?
No issue ages 0 to 85
Minimum Face Amount of APEX Variable UL?
$50,000.
What is the maximum GIR rider limit for all MM policies combined?
$125,000
What are the 5 rate classes available for the WL Legacy 100?
UPNT, SPNT, NT, SPT, TOBACCO
Vantage term is renewable to what age?
age 90
What is the minimum face amount for the UL Guard policy?
$50,000
What are the issue ages for the APEX UL?
0-75
Does MM issue W/P coverage on Table E ratings?
No, should not allow over Table D.
What are the issue ages for the non-qualified WL Legacy 100?
age 0 to 90
Can a medical flat extra be added to the select preferred non-tobacco class?
No
What riders are available for the Survivorship UL Guard policy?
ADB, Policy Split Option Estate Protection, Substitute of Insured
How many death benefit options are there for the Variable UL product?
DBO1, 2 and 3
Can an applicant on Workmen's Compensation qualify for the W/P benefit rider?
No.
Provide 4 riders that are available for the WL Legacy 10 Pay.
W/P, ALIR, LISR, LTC, GI, RTT, YTP, ADB
What are the issue ages for the Vantage Term 25 in the state of Washington?
19-54
What is the Maturity age of the Survivorship UL Guard policy?
The policy does not mature at any age.
Can an applicant qualify for DBO 3 at age 72?
No, not available above age 70.
What does the ALIR allow a policy owner to do?
They can purchase additional paid-up life insurance without evidence of insurability on the policy date of the base policy.
What is the max amount MM retains on the base amount/LISR or RTR?
First $1 million of base and the first $1 million of any LISR or RTR.
Can the LTC rider be added to a Vantage Term policy?
No, not an eligible rider.
What is the max age available for the Survivor UL Guard?
Age 85
Can a 14 year old applicant receive an UPNT rate class under the APEX variable UL policy?
No, minimum age this class is available is age 17.
Name 3 ADL(activities of daily living) that are evaluated when UW LTC rider coverage.
Feeding, dressing, bathing, transferring, toileting, maintaining continence