Accident
How many accident plans does Colonial have? What are they?
3, basic, preferred, premier
How many cancer plans do we have? What are they?
4, level 1,2,3,4
What is the payout amount range for this benefit?
5k-75k
How many dental plans can be offered in a group?
2
Which plans excluded the carryover benefit on the dental?
Preventative & Retiree
How many hours does the employee have to seek treatment in order to be covered under the accident policy?
What is the inital diagnosis payout?
$10,000
Is this plan HSA compliant?
Yes
12 months on class C
What is the difference between whole & term life?
Whole life has a death benefit & has a cash value benefit that the employee can borrow against. They own this policy until age 100
Term life is for a period of time, anywhere from 10, 20 or 30 years! If the employee doesn't die within those terms, the policy is null & void.
What age does the accident policy cover you till?
Age 80
What is the waiting period for the cancer policy?
30 days
Does this policy pay for the same event twice? How many days in between payment?
It can, only covers 25% of the face value amount, the event must be separated by 180
If an employer has prior dental coverage, how long is the waiting period?
0 month waiting period on all classes
Which product does Colonial not offer, that Unum does
Group Long Term Disability
Is this product guarantee renewable? What is guarantee renewable?
Yes it is; Guarantee renewable means that the product can be renewed year over year as long as premiums are paid
What ages does the cancer policy cover?
17-75
Does Critical Illness also cover cancer?
It can if the employee elects the policy to cover cancer; it pays out only on invasive cancer
Name all 7 dental plans
preventative, standard, enhanced, premier, freedom, freedom premier, retiree
What is a EPA? Which products come with an EPA
Employee Assistance Program; all group products from Unum come with a EPA
Which accident plans offer on/job coverages?
Basic, Preferred, Premier
What is stacking? Can you stack a cancer policy?
Stacking is combining coverages, meaning having two cancer policies that pays out at the same time; you cannot stack cancer polciies
Name four illness/conditions this product coverages
Heart attack, stroke, renal failure, major organ failure
What is the coverage difference for the Enhanced plan (3k) vs the Premier plan (5k)
Enhanced plan covers 100% preventative , 80% of basic services , 50% of major services
Premier plan covers 100% of preventative , 90% of basic services , 60% of major services
What information is needed from this client:
* has Aflac with
* has medical through BCBS
* has Principal for Dental & Vision
* wants Group STD
* Aflac Invoice & Summary of benefits
* Principal Invoice & Summary of benefits
* Medical Invoice & Summary of benefits
*Medical Enrolled Census
*Full Employee Census including wages