Group Term 100
Is GT 100 pre-taxed or post-taxed?
Pre-taxed
What is the starting cost of CE?
$1.33/week
Cash cancer will pay out benefits upon diagnose of what?
Cancer
Is CIP pre-taxed or post-taxed?
Post-taxed
Does APM work on the job or off the job?
Trick question. It works on both.
What is the max pre-taxed amount a client can enroll into?
$50,000
What is the benefit amount for hospital confinement?
Up to $600 a day
What is the starting cost of cash cancer?
$1.22/week
What is the max amount of coverage for CIP?
$50,000
What is the flat rate for an individual and a family in SC?
Individual $3.00/week
Family $6.24/week
What is the max amount of coverage an employees spouse can opt into in the state of SC, and is it pre-taxed or post taxed?
$10,000 and it is post-taxed
How many rounds of transportation can a client travel in two calendar years?
12
Can a client opt into cash cancer if they are already covered with CE?
Yes
What is the starting cost for CIP?
$0.86/week
When filing a APM claim, the insured has to have sought treatment within how long?
48 hours
There are 6 major aspects to GT 100, what are they?
1. Affordability of term life
2. longevity of whole life
3. 100% portable
4. Premium never increase
5. Benefit amount never decreases
6. It is pre-taxed
If a client had cancer 15 years ago, are they eligible for CE?
No
Upon the diagnosis of cancer, how is the clients hospital paid?
Trick question. Our policies pay the insured directly, not the hospital.
65 years old.
Does APM begin paying out after receiving emergency room treatment for Covid? Why or why not?
No, because APM only covers bodily injury.
What is the max coverage offered for GT? Follow up by listing the corresponding ages and amounts available.
Max coverage amount is $150,000
Age 40 or younger ($150,000)
Age 41-55 ($100,000)
Age 56 or older ($50,000)
What is the benefit amount for income replacement? Does it have a lifetime limit, and if so what is it?
Income replacement of $100 per week up to 26 weeks.
What is the cut off age for issuing cash cancer?
69 years old.
When it comes to blood pressure, what is the max reading one has to be diagnosed with to automatically be declined coverage for CIP?
150/100
What are the four benefits labeled on your presentation slide?
1. Emergency treatment up to $500
2. Initial hospitalization of $1,000
3. Hospital confinement up to $500/day
4. Double hospital confinement benefit