General
What is Final Expense Insurance meant for?
Burial / Funeral Expenses
What is the max face amount of a final expense policy?
T or F : bloodwork is required for Mutual of Omaha's Living Promise final expense policy
False
How many rate classes does Americo have?
3
How many rate classes does Mutual of Omaha have?
6
What is the age range for final expense?
45-84
What is the average cost of a funeral in the US? (range)
$8k-$15k
Americo's underwriting is done on the (frontend/backend)
frontend
Mutual of Omaha's underwriting is done on the (frontend/backend)
backend
Americo's Quit Smoking Advantage program offers a significant benefit to smokers purchasing the Eagle Select final expense policy by allowing them to pay non-smoker rates for the first X years
3
True or False: You can borrow against a final expense policy through Mutual of Omaha
True!
How can a client on the non smoking advantage program keep their non smoker premium?
Provide proof within 3 years that they have quit smoking
Which state has a minimum policy face amount of $5,000?
WA
What is the max age of issue for an Americo Eagle Select 3 policy?
75