FINAL EXPENSE
WHAT KIND OF POLICY IS A FINAL EXPENSE
WHOLE LIFE
WHAT IS TERM LIFE
LIFE INSURANCE POLICY LOWER COST FOR A PERIOD OF TIME
WHAT IS THE NAME OF THE AMERILIFE SPECIFIC FINAL EXPENSE POLICY?
CLEAR SOLUTION/CHOICE
NAME 2 TYPES OF POLICIES RNA OFFERS
TERM, FINAL EXPENSE, WHOLE LIFE
WHAT MONTH IS LIFE INSURANCE AWARENESS?
SEPTEMBER
WHAT KIND OF POLICY DOES NOT AS HEALTH QUESTIONS?
GUARANTEED ISSUE
WHAT IS ROP?
RETURN OF PREMIUM
WHAT AGE DOES CLEAR SOLUTIONS COVER?
0-49
WHAT DOES SIWL STAND FOR?
SIMPLIFIED ISSUE WHOLE LIFE
WHAT IS SIMPLIFIED ISSUE WHOLE LIFE?
A POLICY THAT DOES NOT REQUIRE FULL UNDERWRITING. INSTEAD HEALTH QUESTIONS ARE ANSWERED AND MIB IS RUN
WHAT IS FINAL EXPENSE INTENDED TO PAY FOR? THE MAIN REASON
BURIAL CREMATION
WHAT COMPANY CAN CONVERT A TERM TO A PAID UP WHOLE LIFE?
KC LIFE
WHAT AGE IS CLEAR CHOICE FOR?
50-85
WHAT IS THE FACE AMOUNT RANGE FOR A RNA JET WHOLE LIFE?
$25,000-$5,000,000
WHAT DOES SPWL STAND FOR?
SINGLE PREMIUM WHOLE LIFE
WHAT CARRIER OFFERS 1ST TO DIE POLICY?
LIFESHIELD
WHAT IS THE PURPOSE OF IUL/UL NAME 3
MORTGAGE PROTECTION, INCOME, COLLEGE, DEBT
CLEAR CHOICE - HOW DOES THE GRADED DEATH BENEFIT WORK?
DEATH IN 1ST YEAR - 30% FACE AMOUNT PAID
DEATH IN 2ND YEAR- 70% FACE AMOUNT PAID
DEATH IN YEAR 3+- 100% FACE AMOUNT PAID
WITHIN THE JET WHOLE LIFE, WHAT IS A 20 PAY?
CLIENT PAYS A HIGHER PREMIUM FOR THE POLICY FOR 20 YEARS, AFTER 20 YEARS IT IS NOW A PAID UP POLICY.
WHAT IS THE PERCENTAGE OF PEOPLE WHO WILL FILE A CLAIM ON A TERM LIFE
LESS THAN 2%
WHAT COMPANY OFFERS FE NON SMOKING RATES FOR A SMOKER WHO INTENDS TO QUIT?
AMERICO
WHAT IS THE DIFFERENCE BETWEEN IUL & UL?
IUL's cash value is linked to the performance of a stock market index, while UL's cash value is based on a fixed interest rate
CLEAR CHOICE - HOW DOES THE RETURN OF PREMIUM WORK?
AGES 50-64 FOR THE FIRST 3 YEARS/36 MONTHS - RETURN OF PREMIUM+10%
AGES 65+ FOR THE FIRST 2 YEARS RETURN OF PREMIUM + 10%
PAYS 100% FOR ACCIDENTAL DEATH REGARDLESS OF YEAR
WHAT IS RNA ACCELERATED DEATH BENEFIT RIDER?
ONE TIME LUMP SUM PAYMENT IF THEY ARE DIAGNOSED WITH A QUALIFIED TERMINAL CONDITION, OR PERMANENTLY CONFINED TO A NURSING HOME
WHAT IS A PAID UP WHOLE LIFE?
A FULLY FUNDED POLICY THAT NO LONGER REQUIRES PREMIUM