"He ain't heavy" and "It's all about 'ME'" VCS1 ULPD
"To Quote or not to Quote" VENT Reinstatement
"There are always options" PIOS Dividends
"Take it to the Bank" PIOS Loans
100
Term policies must have a Minimum of this face amount to be eligible for the ADBR rider
What is 100000
100
What screen is the sales load charge found on?
What is PD 3
100
If a policy is lapsed on 04/13/2015 and the lapse pending notice is on 03/23/2015, what would be the actual lapsed date?
What is Lapse Pending date: 03/23/2015
100
Name 3 dividend options we've gone over in training?
What is Cash, Dv to Ln, 1YTCVMAX, AI, DWI, Premium Reduction
100
How would you send coupons to the client?
What is Press “Enter” twice and put a Y on the LN Screen.
200
This screen is used to determine if a policy has a CDW rider and not just a DW rider.
What is PI1
200
For policy number 915905118 UL, what is the m&e charge on the policy?
What is $4 PD3
200
If a policy was issued on November 10 2015 and it lapse on March 2016, Can this policy be reinstated? If so, what steps do we take to get the policy reinstated?
What is Yes, the policy must be referred and reinstatement unit will handle the reinstatement.
200
When are dividends applied to the policy?
What is at the policy anniversary
200
When is the interest applied to the loan?
What is Anniversary
300
This rider is available only on policies issued in the non-substandard underwriting classifications and with an issue age of 18 through 55.
What is LTC GPO
300
What screen would you be able to get the minimum partial cash surrender amount?
What is PD4
300
If a policy located in South Carolina lapses on 12/20/2011, Can the policy be reinstated?
What is No, because it lapsed more than 3 years ago.
300
What is the optimal mode of payment for premium reduction?
What is Annual
300
What is the minimum amount you can take out for a traditional loan?
What is $20.00
400
Premiums are payable until the policy anniversary at this age on the CDW
What is 65
400
For policy number 915905118 UL, what is the death benefit option?
What is Option A, PD1
400
If a policy lapses on 12/23/2016 and the client calls to reinstate today for a policy anniversary date of 01/06/2017, what would the next monthaversary date be if we were to quote it?
What is We would have to quote on the next monthaversary date of February 7
400
If the 1YTCVMAX dividend option is cash surrendered what happens to the additional insurance purchased?
What is The term insurance continues until the next policy anniversary
400
What is called when the loan amount exceeds the cash value and the policy lapses?
What is Loan Equity Termination?
500
The ADBR is not available on policies issued as a result of this.
What is Group Conversion
500
For policy number 896331481 UL, what is the min increase of the face amount for this policy?
What is 3k, PD2
500
Where in MetCare would you locate the date when the policy lapsed?
What is The exact lapsed date cannot be found in MetCare.
500
If the policy is on AP, what are the 2 dividend options that must be included on the policy?
What is DWI or AI
500
How many days does the freeze on the interest last?