CHLIA Guide
A life insurance contract or policy is a legal agreement between you and an insurance company that guarantees payment of the ____ value of the policy
face (or death benefit value)
This platform must be accessed via Equinet and allows advisors to apply for all individual insurance products.
EZ Complete
This type of insurance provides a life insurance death benefit, does not build cash values and will expire at specified point.
Term insurance
The main repository used internally by CCRs to access knowledge documents you'll need to assist clients and advisors. You'll also find information about the previous day's stats on this site's home page
The CSKK
Although this sounds like a weather report, this is what you create when you have an IT incident
a SNow ticket
They are licensed and regulated by the provincial government to sell and service life insurance.
advisor/agent/broker
This feature allows advisors to skip ahead and return to steps 2, 5, and 6 later.
Jump around
This type of insurance provides a benefit payout while the insured is living if they are diagnosed with a covered condition.
EquiLiving Critical Illness insurance
The main system we use to administer policies and view policy details, and make changes to policies.
Ingenium
They assess new applications and determine the appropriate risk class for a client or whether the company will accept the risk at all
Underwriters
This is designed to show you how the policy would work given a certain set of assumptions. If those assumptions change, the policy would perform differently. This is not a legal document and does NOT form part of the contract.
A sales illustration / policy illustration
This feature allows advisors to practice using EZcomplete without affecting real applications.
the EZcomplete Sandbox
This type of insurance provides a life insurance death benefit and tax advantaged investment options.
Universal Life
The system New Business uses to case manage new appliciations
UWPro
This role is VERY important to Equitable and the AWESOME job these people do gives us a competitive advantage and sets our service apart from other companies
That's YOU! Our CCRs
There is a “satisfaction-or-your-money-back” guarantee on most life insurance policies, where you get a "10-day free look". It’s called
Rescission right
This person cannot act as a witness if they are named as the insured, owner, payor, or beneficiary.
the advisor
This type of insurance participates in the company's experience, often has level premiums and builds cash values over time
Whole Life insurance
The system you'd use to see a copy of the contract, the email/correspondence history for a policy and review documents received.
OnBase
You log into this system by start time every day, and only log out at your end time. You will also use this sytem to update your appropriate "agent" status.
Genesys
This is a non-profit association, with a membership of about 750 life insurance companies, formed almost 100 years ago for the confidential exchange among its members of factual underwriting information.
MIB
Even for non face-to-face applications, the owner must be physically present in this location when signing.
a province where the advisor is licensed
Participating whole life insurance lets policyholders share in the company's experience by receiving these annually
Dividends
Equitable's advisor website, you know, the one that none of you can currently access :-(
EquiNet
A percentage of a premium paid to an advisor to compensate them for sales and service - these are known as
Commissions