Contract
What is the maximum variable interest rate that can be charged on policy loans under the contract?
What is 8%?
What primary tool in the digital experience allows agents to track applications and decisions in real time?
What is the Application and Dashboard?
In California, Florida, and Maryland, the Concierge Planning Rider is legally referred to by this name.
What is the Concierge Planning Benefit?
What is the death benefit payout for an accidental death during the first two years of a Graded FE Express policy?
What is the Full Face Amount?
What happens to rider benefits if Transamerica terminates its relationship with the third-party funeral planning company?
What is the rider terminates?
For non-U.S. citizens, what document requirement must be met for contract eligibility?
What is a valid green card that does not expire within the next 90 days?
On what page of the agent guide do the detailed Underwriting Guidelines begin?
What is Page 8?
In which four states is the Additional Services / Concierge Planning Rider unavailable due to state restrictions?
What are Alaska (AK), Michigan (MI), Oregon (OR), and Virginia (VA)?
Under the Concierge Planning Rider, consumer advocates are available to assist clients during what hours?
What is 24/7 assistance?
Can a client change or convert their FE Express policy into a traditional term life or universal life policy?
What is No (Conversions are not allowed)?
To what age does the standard FE Express Solution contract require level premium payments?
What is Age 100?
Where can an agent reference specific medication restrictions that disqualify an applicant during processing?
What is the Prescription Drugs That Preclude Coverage Chart (Page 13)?
How long must a physician state an insured has left to live to qualify under the Terminal Illness Accelerated Death Benefit Rider?
What is 12 months or less?
Name two legal documents that can be created using the legacy planning tools within the Concierge Planning Rider.
What are Wills, Healthcare Directives, or Power of Attorney documents?
If an accelerated death benefit is paid out in full, what happens to the base policy contract?
What is the policy terminates?
To what age does the Graded FE Express Solution contract require level premium payments?
What is Age 121?
What chart should an agent reference during underwriting to verify height and weight eligibility?
What is the Adult Build Chart (Page 14)?
What fee is assessed at the time an Accelerated Death Benefit Rider claim is requested?
What is an Administrative Charge / Administrative Fee?
How does taking an Accelerated Death Benefit payout impact the remaining policy death benefit?
What is it reduces the final death benefit payout?
When calculating an Accelerated Death Benefit payout, premiums due through what future timeframe are deducted from the payout?
What is the next 12 months (1 year)?
Death benefits are not guaranteed during these two standard contractual policy exclusion periods.
What are the Contestability and Suicide Exclusion periods?
What form must the owner sign during the process to enable the Concierge Planning / Additional Services Rider?
What is the Consent to Share Information Form?
Applicants are ineligible for Accelerated Death Benefit Riders if they require assistance with these activities at the time of application.
What are Daily Living Activities (ADLs)?
What storage feature does the Concierge Planning Rider provide for clients' personal data and estate documents?
What is unlimited secure cloud storage?
How does taking a policy loan change the eventual net benefit paid to beneficiaries upon the insured's death?
What is it reduces the death benefit by the total loan balance?