Products
This provides temporary protection with level, fixed, and required premiums.
What is Term Insurance?
This is where I will typically security check a Provident Life Member.
What is kvw1?
These are never guaranteed.
What are dividends?
This system will tell you the different modal premium amounts.
What is agc1?
This is the person who receives the payouts once annuitized.
Who is the annuitant?
This provides permanent protection with flexible premiums and earns CV through a stated interest rate.
What is Universal Life insurance?
This is where I can verify a Provident producer's status.
What is fcs1?
This is the (subscreen) system I use to security check Annuity owners.
What is pinq?
When selected as an option, this prevents a fixed policy from lapsing by borrowing against it's CV.
What is an Automatic Premium Loan (APL)?
This means funded by Post-Tax Money.
What is Non-Qualified?
This provides permanent protection, has flexible premiums, and earns CV through subaccount performance.
What is Variable Universal Life insurance?
This is where I can find the COI for a UL/VUL.
What is cshq (or wsl1)?
This is where I can locate the RMD calculator.
What is the Nationwide Financial website?
These products always operate as "Loan-First" when premiums are paid.
What are Universal Life policies? (UL/VUL)
This is the ProvNet system for Annuities.
What is pla1?
This provides permanent protection, has required premiums, and has the potential to earn dividends which purchase additional coverage.
What are Intersectors? (Intersector Plus)
This is the only place I should quote VL Partial Surrenders.
What is VLN2?
These systems will lock you out due to inactivity or improper logout activity.
What are wsl1 & pla1?
These polices don't always have the ability to partial surrender, even if there's sufficient cash value.
What are Variable Life policies?
This is the phase where withdrawals are allowed.
What is the accumulation phase?
This provides permanent protection, has fixed required premiums, and earns CV through subaccount performance.
What is Variable Life insurance?
This is where I can find transaction history on a Fixed policy.
What is Forms 11?
This is the amount that determines if a policy is Self-Sustaining.
What is Vanishing Net Single Premium (VNSP)?
This is the most common "solution" to an Intersector that has "blown-up."
What is "dropping the term?"
This means earnings are withdrawn before the cost basis.
What is LIFO (Last in - First Out)?