Issue Age
What is the full range of guaranteed acceptance ages for GIWL?
What is 50 to 80?
Are commission chargebacks assessed against the agent for policy lapses or surrenders?
What is No (chargebacks only occur upon death in years 1–2)?
Starting in policy Year 3, what portion of the face amount is paid upon death from any non-excluded cause?
What is the Full Face Amount?
Can the premium payor on a GIWL policy be a different individual than the insured?
What is Yes?
True or False: Policyholders must continue paying premiums past age 90 if they live longer.
What is False (Premiums stop at or before age 90)?
For a 50-year-old female purchasing $10,000 in coverage, required premium payments stop at what age?
What is Age 90?
What percentage of earned commission is charged back if the insured dies in Year 2?
What is 50%?
What payout is provided under the Graded Death Benefit if the insured dies by suicide during the suicide exclusion period?
What is a refund of premiums paid?
Does Corebridge GIWL allow flexible delayed billing date setups during the application process?
What is Yes?
Does a policy remain paid up and active if total premiums paid over time exceed the face amount?
What is Yes?
For an 80-year-old applicant of either gender, at what maximum age do premium payments cease?
What is Age 88 or 89 (depending on gender and face amount)?
Are rate classes separated into Tobacco and Non-Tobacco user tiers?
What is No (acceptance is guaranteed without tobacco rate distinctions)?
What percentage of the death benefit can be accelerated under the Terminal Illness Benefit?
What is 50%?
Must the policy owner always be the insured person on the contract?
What is Yes (Insured must be Owner)?
For a 65-year-old female with $10,000 in coverage, at what age does required premium payment end?
What is Age 89?
True or False: Corebridge GIWL offers guaranteed acceptance for applicants aged 81 to 85.
What is False (Maximum age is 80)?
Foreign nationals are excluded from purchasing GIWL at standard rates due to this eligibility rule.
What is the product is not available to foreign nationals?
What maximum portion of the death benefit can be accelerated under the Chronic Illness Acceleration Benefit?
What is up to 25% of the policy's death benefit (returning 100% of premiums paid up to that limit)?
What taxpayer identification piece is strictly required for applicant processing?
What is a Social Security Number?
For a 78-year-old male purchasing $20,000 in coverage, what is the paid-up maximum payment age?
What is Age 86?
What is the maximum payment age for a 75-year-old male with a death benefit over $15,000?
What is Age 85?
Are unisex rates available in states other than Montana?
What is No?
How many GIWL policies is an insured permitted to purchase from American General Life within a 12-month period?
What is no more than 1 policy?
How does taking an Accelerated Death Benefit rider payment affect future premium requirements and remaining cash values?
What is it reduces remaining death benefits, cash values, and premium requirements proportionally?
What two states do not approve Corebridge GIWL for sale?
What are New York and Maine?