This investment vehicle is made up of several different stocks
What is Mutual Funds
100
Makes up the 5 definitions of disability
What is Any occupation, Base policy, two year initial, extended initial, and medical occupation definition
100
These are the minimum and maximum monthly benefits available on the QuietCare LTC policy in the state of Florida.
What are $1,500 and $12,000?
100
Benefit that can be added to a life insurance policy under which the policyholder can purchase one-year term insurance equal to the cumulative percentage change in the consumer price index with no evidence of insurability.
What is cost-of-living rider
100
300 of these will put a new rep on the fast track to success in one year
What is Factfinders
200
CFS is a Northwestern Mutual acronym for
What is Centralized Financial Security
200
Also know as Residual Disability
What is Partial Disability
200
These are the three elimination periods available on the QuietCare LTC policy in the state of Florida.
What are 6 weeks, 12 weeks, and 25 weeks?
200
living benefits which the policy owner can borrow against.
What is cash value
200
Number of Factfinders a rep should be taking during the forth year and every year thereafter to continue building a strong business.
What is 150
300
This investment vehicle represents ownership of a company
What is Stock
300
Allows the client to get additional coverage at a future date without any medical underwriting
What is APB
300
These are the two benefit periods available on the QuietCare LTC policy.
What are 3 years and 6 years?
300
A type of whole life policy that charges a lower premium in the first few policy years and a higher premium for the rest of coverage
What is modified life
300
Number of new names a rep should aquire in one year
What is 1,000
400
The acronym NAV is defined as
What is Net asset value
400
Dividends being used to reduce premiums to the client
What is Participating policy
400
This is the probability that a 64-year-old will need LTC at some point in their life.
What is 70%?
400
A rider that allows insured's who are terminally ill or who suffer from certain catastrophic diseases to collect part or all of their life insurance benefits before they die, primarily to pay for the care they require.
What is accelerated death benefits rider
400
Number of points a new rep should score in one day-- one year
What is 5-6 a day---1,400 in year
500
General securities license is known as
What is Series 7
500
For northwestern mutual are anyone in insurance, underwriting, and chiropractors.
What is Uninsurable occupations
500
For a 65-year-old couple, this is the probability that one of them will live to age 94.
What is 50%?
500
is a fixed premium whole life policy that provides a guaranteed death benefit to age 100.
What is interest sensitive whole life.
500
Of the prospects who will ultimately become clients, this is the percentage who will defer their initial purchase until year 2/3