UNDERWRITING
UTUIA HISTORY & FACTS
ANNUITIES / IRA'S
FINAL EXPENSE
FRATERNALISM / LODGES
100
What Form is required on ALL Life Insurance applications when a Life Insurance policy is already in effect (Conversions Excluded)?
What is the Replacement Form?
100
What year did UTUIA become Incorporated (Not a Fraternal Benefits Society which was the following year)?
What is 1970?
100
What is the minimum amount needed to open any of our 3 plans?
What is $25.00?
100
WHAT ARE THE 3 LEVELS OF COVERAGE FOR THE FINAL EXPENSE PLAN?
What are "Level", "Graded" and "Modified"?
100
How many types of Scholarships does the UTUIA currently offer?
What is 3?
200
When listing a medication on the AP-1A Application, what information should be noted in the "Comments" Section?
What is What that medication is used for?
200
The UTUIA Constitution requires that this many members of the Board of Directors be independent directors (i.e. not an officer or employee or the UTUIA and/or UTU)?
What is 4?
200
What is the guaranteed interest percentage on our 3 plans, and what are we currently paying (2 answers required)?
What is Guaranteed 1.00%, currently paying 2.25%?
200
WHAT IS THE MINIMUM/MAXIMUM AGE TO QUALIFY FOR THE FINAL EXPENSE PLAN?
What is minimum of 50, maximum of 80?
200
When was the first Unit/Lodge formed under the UTUIA?
What is 1994?
300
Over what face amount on the Life Applications does the Telephone Interview become a Requirement (Conversions Excluded)?
What is $250,000?
300
The purpose of this Committee as noted in the UTUIA Constitution is to provide oversight of UTUIA's accounting and financial processes?
What is Independent Governance and Audit Committee (IGAC)?
300
Which plan allows for the Annuitant and the Owner to be different?
What is the Annuity?
300
IF ALL MEDICAL QUESTIONS ARE ANSWERED "NO", WHICH PLAN DOES THE PROPOSED INSURED QUALIFY FOR?
What is Level?
300
Which Director of Insurance started the first lodges?
Who is Sandy Kranick?
400
When selling DIR to an applicant with Diabetes, what is the only option available for their Elimination Period?
What is 90 Days?
400
The purpose of this position is devote his or hers efforts to secure the enactment, modification, or repeal of laws in accordance with legislative policy of the UTUIA?
What is National Legislative Director?
400
What age are you required to start taking a Distribution from your Traditional IRA?
What is 70 1/2?
400
NAME THE 3 REQUIREMENTS USED TO UNDERWRITE THE FINAL EXPENSE PLAN BESIDES THE APPLICATION?
What are MIB, Scriptcheck & Interview?
400
What year was the 1st Volunteer event held during the annual Field Supervisor Meeting?
What is 2008? (Ronald McDonald House)
500
What is the Waiting Period for Gastric Bypass Surgery on the Life & DIR products (2 Answers Required)?
What is 6 Month Life / 2 Years DIR?
500
Name 3 Directors of Insurance prior to 2005?
Who is -Sandy Kranick -Al Strack -Ralph Dennis -Gene Filling -Sam Hale
500
What are the 2 contribution maximums/tiers allowed on both the Traditional IRA and the Roth IRA?
What is $5,500 (or the lesser of your compensation) OR $6,500 (or the lesser of your compensation) if you have reached age 50 before the close of the tax year.
500
WHAT WOULD THE BENEFICIARY RECEIVE FOR A "GRADED" POLICY IF THE PROPOSED INSURED WERE TO DIE IN THE 2ND YEAR?
What is 70% of the face amount in effect?
500
For the "UTUIA Scholarship" how many new scholarships are awarded each year?
What is 50?
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