DIFFERENT STROKES FOR DIFFERENT FOLKS
How often are statements sent for VA contracts?
Quarterly
What is the cut-off time for a trade on a Advantage II contract?
3pm
Where would I find the total basis points on a NAVA contract?
Policylink > PIC Screen > Annuity information
or Policylink > Investment Category Funds
Name the rider and name a product it is available on:
This rider requires the account be allocated to an Ibbotson Model.
GMWB Rider.
Available on NAVA, ADVII, ADVIII
What is the base M&E charge on a NAVA?
0.95%
What does "DCA" mean?
Dollar Cost Averaging
What is the difference between "Currents" and "Futures"?
Currents = where the money is now
Futures = where premiums will go
The Lyrics
Automatic Systematic
Full of color self contained
Tuned and channeled to your vibes
are found in the song "Dancing Machine", sung by this artist.
The Jackson 5
Name the rider and name a product it is available on:
This rider provides an additional death benefit equal to 40% of the gain on the base contract.
Estate Planning Rider.
Available on NAVA, Vector1, Vector2
What is the standard length of surrender schedule on the NAVA?
7 years.
What diminutive actor played the role of Arnold Jackson in the show Diff'rent Strokes?
Gary Coleman
What is Portfolio Rebalancing?
Periodic automatic reallocation to match the listed future percentages.
How do I find a GMIB Value?
Run Policylink Quote using "MA" as the Transaction type, "GMIB Roll up amount"
This product has no riders, but it does have a GMDB.
VA 2
Vanna White has starred beside Pat Sajak for nearly 40 years on Wheel of Fortune. However her first game show appearance was actually on a different show, which has run continuously since 1956.
The Price is Right.
(She was a contestant in 1980)
How do you verify an RIA?
Confirm the RIA is on the contract, check the spreadsheet for the caller's name, verify RIA number and either SSN or DOB.
In the 1983 Classic Trading Places, Dan Aykroyd stars as Louis Winthorpe III, a wealthy banker, alongside con man Billy Ray Valentine, played by this funnyman.
Eddie Murphy
Where would I quote a past value for a VA2 contract allocated 50% to Fixed and 50% to Fidelity Growth Fund?
Trick question: You can't quote past values for Fixed in Edify.
Name the rider and name a product it is available on:
Allocating money to the Fixed fund will terminate this rider at the next anniversary.
GI5 rider - Available on NAVA
An owner has a NAVA contract that includes the 5yr surrender charge rider and is 100% allocated to fund 559. What M&E is he being charged?
0%. M&E is not charged on the Fixed account.
What is the minimum contract value for an Advantage III contract?
$500
What is VPA and why does it matter?
Variable Phone Authorization. It tells us if the agent can submit trades over the phones.
What is a 22c-2 restriction and where would I find it?
Restriction placed by a fund company for too frequent or "disruptive" trading.
Found in Policylink > Client System > Client trade restriction
Name the rider and name a product it is available on:
This rider offers a 7% GPA, or a 5% LPA after age 65.
Five for Life Plus rider.
Available on Vector1, Vector2
An agent calls about a contract with the Guaranteed Income Select rider and would like a quote of the current LPA. How do you proceed?
Submit Annuitization Quote Request