GIWL Product Details
What is the Death Benefit range for the GIWL?
What is $5,000-$25,000.
The SIWL issue age is 45-85?
True or False
False: What is 50-80
True or False: A tele-interview might be required for the SIWL applicant?
What is false. never required
True or False: payment information is needed at the top of the application?
What is false. We do not as for any information until after the client has received an offer.
Corebridge Financial previous names:
A. American General
B. AGLA
C.AIG
D. All of the above
What is All of the Above.
How often can a client apply for the GIWL?
A. As often as Need
B. Once per Year
C. Just once.
What is once a year.
What is the maximum face amount?
What is $35,000. Depending on their age.
True or false: MIB is our primary source of gathering data?
What is False – we do not use MIB, background checks only
How long does it take to get an UW decision?
What is Instant – no human intervention, ever
When is Life Insurance Awarenes Month?
A. September
B. October
C.November
What is September
True or False: A SS#, 50-80yrs old, and able sign their own application automatically makes a client a successful candidate for the Guaranteed Issued Whole Life product?
True
What riders are included automatically on the level version of the product?
What is Terminal Illness and Nursing Home Confinement
True or False: If a client has Cancer, they are automatically a GIWL prospect?
False: There is a page of stage I and II cancers that are eligible for level or graded DB.
True or False:CBRG has up to 3 business days to change an offer?
What is false.
As of Dec. 2024, CBRG has over ________ in assets under management.
A. 4 Trillion
B. 40 Billion
C. 400 Billion
What is C. $400 Billion
What Living Benefits are automatically embedded in the GIWL product?
What is Chronic Illness Benefit Rider and Terminal Illness Benefit Rider. (CA Exclusion)
What payment types are accepted on SIWL?
What is ALL - Bank Draft, Credit Card, Debit Card and Direct Express
When is the UW decision rendered in the application process?
What is EARLY! At the front of the application – before bene, payment, and signature date required
In what state are these products NOT approved?
What is What is New York
In the next 5yrs, all Baby Boomers will be 65 or older. How many BB are turning 65 every day in 2025?
What is 11,400.
Premium Payments stops at or before what age?
a.90 b.95. c.life of client
What is age 90.
If a client doesn't know their current A1C, what risk options are available?
Level? Graded? Guaranteed?
What is Level.
With the recent changes in our diabetes automated underwriting, we have made adjustments to allow best risk (level) eligible for those that don't remember, or are unaware of their last reading.
According to our Underwriting Niches, at what max level A1C on a non-insulin dependent diabetic could still qualify for level Death Benefit?
What is 9.9 (Was 8.6.)
How are the benefits paid for the graded version of the product?
110% of DB if death in first 2 years – full DB paid if its an accidental death