AIL HISTORY
HEALTH
ALP
Writing Good Business
Riders
100
THE AMOUNT OF BORROWED CAPITAL USED TO START AIL.
What is $25,000?
100
Pays you $100 Emergency Room visit benefit, due to an accident.
What is A71 Double?
100
This program is designed for parents and grandparents to purchase life insurance for children ages 15 days to 17 years old.
What is the Headstart Program?
100
Good Health Statement, HIPAA, and money.
What are requirements for a reinstatement?
100
This will pay the beneficiary up to $200,000 if the insured dies as the result of an accident.
What is ADB?
200
The year American Income Life Insurance Company was founded.
What is 1951?
200
This plan pays you a weekly recuperation benefit.
What is the H34?
200
The specified death benefit is payable upon death directly resulting only from injuries caused by an accident.
What is Accidental Death Benefit?
200
The minimum percentage required for 4 month retention.
What is 69%?
200
Covers all children on policy, ages 15 days old to 18 years old for $10,000 each.
What is the child rider?
300
The founder of American Income Life.
Who is Bernard Rapoport?
300
This policy pays a one time lump sum payment when an insured is first diagnosed with cancer.
What is C20?
300
Guarantees the insured the right to buy additional insurance on future dates without proof of medical.
What is Guaranteed Insurability Option (GIO)?
300
The 0-9 months agents net to gross percentage.
What is 86%?
300
This rider expires at the end of 20 years or at the age of 70 years old, which ever comes first.
What is the spouse rider?
400
The former Illinois SGA and now current President of American Income Life.
Who is Scott Smith?
400
This plans pays you a lump sum for first diagnosis of a critical illness but not cancer.
What is Critical Illness?
400
These products don't count towards ALP.
What is A&H products?
400
The amount of days a policy officially lapses out.
What is 60 days?
400
This rider pays 1/2 of the face amount on the insured when his/her physician certifies that the insured has 12 months or less to live.
What is the terminal illness rider?
500
The year Torchmark bought AIL from Bernard Rapoport.
What is 1994?
500
This plan pays the beneficiary $150,000, if the death was due to in accident in a common carrier.
What is A71 Triple?
500
After 6 months of continuous total disability, policy and rider are waived until recovery.
What is the Waiver of Premium?
500
A&H is one year, and Whole life is 5 years.
What is time allowed after the policy lapses to reinstate?
500
The death benefit is $25,000 if driving or riding in a private motor vehicle.
What is the B2000?