PAPERWORK
If the physical address and mailing address are the same for the business, dp you have to write it in both places?
Yes. It wasn't a big deal in the past, but home office prefers and wants it written in twice.
If someone sits down and says right away, they only want the free coverage, how can you give yourself a shot to get AP?
.......(multiple answers) but, I always say, okay not a problem, I go through your basic info, explain and issue the free coverages and then I do take some time and go over the other options and pricing.
That way, they know you'll explain what's available, but if they truly aren't interested, they'll pass on everything and not waste anyone's time.
Jason is currently at 15% bonus, he uploads $1,728 in all health. What is his bonus as for the following week if submits?
Explain the APM. what are the 3 in 1 break downs
...........accidental death, dismemberment/loss of eyesight, accidental injury seeking treatment
Martha works at ABC Plumbing. He is insuring her family but would like to add her nephew to the coverage. How can he be covered?
He would have to be issued a policy through the individual market.
what is a COE, how many pages is it, and what pages are there?
Change of Enrollment
2 pages, and one letter
Billing page and plan adoption agreement
How long should a typical sit-down with an employee take?
15 minutes. Depending on how many dependents and the interest in coverage. If longer than 15 min, they should definitely be getting policies.
As an SA or any leadership roll, if running leads with a new agent, what must be expected of your transportation.
Leadership for new agents drive, and car must be cleaned.
Describe the Cash Cancer and what diagnosis of cancer will this policy not pay out for?
.......description....skin cancer unless a melanoma
For an agent, what is required to go to NYC convention in 2027
121,121 in NET submit, with good quality.
If a company is biweekly and they cannot provide you with the specific day, what is a way to figure out when they ran payroll this year?
Get the date of their last payroll run, or the date of the next run (this Thursday, last Tuesday, etc.), and go back every two weeks from that date until you reach the first one of the year.
How much is the annual premium for an individual APM, single-parent APM, and family APM? In North Carolina.
Bonus question: What is the annual premium for APM in SC, individual?
133.33, 200, 300
144.44
Mark, in fact, signed up for the APM on Tuesday. He was injured on Friday and wants to file a claim. The enrollment period ends 10/31. What needs to happen for his claim to be paid out?
The first invoice needs to be paid
Explain the 10RCW, and what does the RCW stand for?
..........
How long is the contestable period for someone's life insurance policy and what does it mean?
2 years. Meaning, if someone were to pass away within two years of the effective period of the policy, and they had lied/misinformed or neglected to inform the agent of a health issue that would deny them from getting the coverage; the policy will not pay out and a return of premiums will be issued.
When closing a nursing home, what needs to be reflected on the roster for the business to be approved?
80% of the employees need to show employment for 2 years or more.
Jake has diabetes with insulin, wants to get life insurance badly though. What coverage can he get?
Career Life Plus
or if in SC, modified life
Why is it needed to write good business and conserve people if they leave a company?
business falling off due to rejection for health issues or cancelled within 5 invoices paid, affects your quality which in turn can possibly affect you pay. Conserving is needed as well for quality but also to keep your residuals going.
Explain the cancer endurance plan
..........
What is the most direct pay someone can get on any life insurance policy?
$600. for example is you have a $3,000 AP policy, (make sure he/she can afford it though to avoid chargebacks) 52.5 percent is 1,575, 60 percent of that is you direct pay which is 945. 600 will go directly to you and the extra 345 along with the other 40 percent goes into your commission acct.
If you have Don Michaels listed as the decision maker and Sydney Ross as the payroll admin, who is Alina going to be doing the call with?
She contacts the payroll admin unless specified otherwise.
Mark signs up for the APM on Tuesday, September 15, the enrollment period ends 10/31, deductions begin 11/01 and the effective date is 12/01: when does his coverage start?
The day he signs up
Charles took out the GT100 and is selecting for a QAC call, if he does not complete the call, what happens?
Policy is cancelled, charged back and you need to have that person call home office, to do the call and they will rewrite it out on paper.
Describe the GT100
......
At what age does the Cancer Edurance expire
guaranteed coverage for entire life