Issue Age
Rate
Coverage
Premium
Paid Up
100

What is the minimum eligible issue age for Corebridge GIWL?  

What is 50?  

100

True or False: Corebridge GIWL premium rates are level and guaranteed never to increase.  

What is True?  

100

What is the minimum face amount available for Corebridge GIWL?  

 What is $5,000?  

100

What is the exact annual policy fee for Corebridge GIWL?  

What is $24 per year?  

100

What is the maximum age by which all GIWL policies become fully paid up with zero required future premiums?  

What is Age 90 (or earlier depending on age, gender, and face amount)?  

200

What is the maximum eligible issue age for Corebridge GIWL?  

What is 80?

200

Rates for Corebridge GIWL do not depend on health status because the product requires none of these.  

What are medical exams, lab tests, or health questions?  

200

What is the maximum face amount available for a single Corebridge GIWL policy?  

What is $25,000?  

200

Name three acceptable payment methods for initial and recurring premiums.  

What are ACH, Social Security debit card, and Credit Card?  

200

Are replacements or conversions permitted into the Corebridge GIWL product?  

What is No?  

300

 Issue ages for Corebridge GIWL are based on this specific age calculation method.

What is Age Last Birthday (ALB)?  

300

In which state are unisex rates required for Corebridge GIWL?  

What is Montana?  

300

What is the non-accidental death benefit during the first two policy years (Graded Period)?  

What is 110% of premiums paid?  

300

What is the duration of the policy's Free Look Period?  

What is 30 days?  

300

How are outstanding policy loans handled when death benefit or rider proceeds are paid out?  

What is all benefits are paid minus any outstanding loan balance?  

400

Required premium payments on all Corebridge GIWL policies stop at or before this maximum age.  

What is Age 90?

400

How do you estimate the year in which total premiums paid may exceed the coverage amount?  

What is divide the face amount by the annual premium?  

400

What death benefit is paid if death occurs from accidental causes during the first two policy years?

What is the Full Face Amount?  

400

How much additional up-front premium is charged for the Chronic Illness or Terminal Illness riders?  

What is $0 (No additional up-front cost)?

400

For a 60-year-old male with $10,000 of coverage, at what age does the policy reach its paid-up state?  

What is Age 83?  

500

For a 50-year-old male purchasing a policy equal to or below $15,000, what is the maximum payment age?  

What is Age 78?  

500

What percentage of earned commission is charged back to the agent if the insured dies in Year 1?  

What is 100%?

500

What is the total aggregate maximum GIWL coverage an individual can hold across all policies with American General Life?

What is $25,000?  

500

What administrative fee is charged at the time of claim for the Terminal Illness Rider in most states (excluding Florida)?  

What is $250 ($100 in Florida)?  

500

For a 70-year-old female with $20,000 of coverage ($15,001+ tier), at what age is the policy fully paid up?  

What is Age 88?  

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