GT100
Joshua currently has his wife insured for $35,000 how much additional coverage can he add this enrollment period?
$15,000
At what price does this policy start at weekly?
$1.63
How much of a $50,000 Cash Cancer of $8.48 per week pre tax?
None all post tax.
Is this life insurance policy pre tax or post tax?
Post Tax.
What is the max amount a 21 year old is able to have total on the GT100?
$150,000
Jane is 57 years old and has $30,000 in the group term paid up at 65, how much additional coverage can she add of the group term paid up at 65?
Zero.
Cody is an employee at XYZ Plumbing, he had a melanoma 18 years ago. Is he able to get the Cancer Endurance Family Plan?
How much in taxes should someone expect to pay on a $30,000 critical illness payout?
Zero
Stephanie got the CLP for her son when he was 8. She is now transferring ownership to him. At what age will his rates be at?
$200,000
Ron has been cancer-free for 9 years and has diabetes WITHOUT insulin, does he qualify for the GT100?
NO, need to be 10 or more years removed.
How much is the cancer endurance plan paying for an insured's 43rd day in the hospital?
$250.00
Carl has the family cash cancer, he and his wife both got diagnosed at the same time. Who will receive the $40,000 lump sum?
They both will.
What is the max coverage amount someone can have on this policy?
$50,000
How much GT100 Paid Up at 65 can a spose be covered on in South Carolina?
Zero
NC- $50,000
SC- $10,000
What is the maximum daily pay for Chemotherapy/Radition treatment?
Up to $500.00
What is the starting price for the critical illness bi-weekly?
$1.72
What is the minimum amount this policy can start out at per week?
$1.00
What do you provide the payroll admin at the end of the enrollment period when additions are made?
Deduction Spreadsheet
Sondra is insured with $50,000 of life insurance. However, today was her last day at ABC plumbing. How many days does she have to conserve her policy without owing back pay/being re rated?
90 days from the time the last invoice was paid.
Carl has Cancer Endurance. He was diagnosed in 2020 with Liver cancer and got his $3,500 payment for initial diagnosis. He beat it, and it came back 2 months ago. When filing claims, will he receive his $3,500 again?
No. It one and done.
Greg wants to insure his son on the critical illness, how much coverage is he allowed to have?
Zero.
Tommy had cancer 4 years ago and is currently Diabetic with insulin. Is he eligible for this policy?
Yes, guaranteed issuable, just will be rated.
Josh is 62, he currently has $35,000 in coverage on the Critical Illness. How much additional coverage can he add?
Zero. He is out of the age range.