Critical Illness & Life Insurance
What is the maximum benefit payout for disability or life claims?
$25,000
What is the maximum number of monthly payments the insurer will cover?
12 monthly payments
Does Simply Secure only cover purchases made at Leon's?
No, the coverage is for all purchases made on the card.
How many Lifetime Milestone claims can you make in a 12-month period?
Two
What are the 5 components of the Simply Secure Kit?
6 Months Credit Score Monitoring, 6 months Identity Fraud Protection, 2 RFID Blockers, 2 Webcam Covers and Personal Alarm
At what age does Critical Illness coverage end, meaning the First Diagnosis must happen before this age?
65 years old
How many consecutive days must you be unemployed to qualify for benefits?
30 days
Can a 65 year old customer get Simply Secure Insurance?
Yes, provided they are not retired.
In the event of a Milestone, Flexiti will make a one-time payment of?
Your next 3 consecutive Monthly Payments, up to $2,000 OR your remaining balance.
If a customer enrolled in Simply Secure at a different retailer and later purchases at Leon’s, are they eligible for Lifetime Milestone benefits?
Lifetime Milestone Support is exclusive to customers who enrolled through Leon’s
How many life insurance benefits are paid out if both the cardholder and their spouse pass away at the same time?
Only one life insurance benefit is paid per account
Is purchasing your first investment property considered a Lifetime Milestone?
No. The purchase of a home must be used for principal residence.
If a customer selects a Deferred Plan, will they still be required to pay the Premium $1.39/$100 monthly?
No, the premium is due at the end of the promotional plan.
Does the graduation of a grandchild qualify as a Lifetime Milestone?
No, this milestone is reserved only for cardholders, spouse and immediate child.
If a customer is on a Deferred payment plan, and their coverage will pay out the next 3 monthly payments, how much is paid out?
5% of its purchase plan amount per month
Critical Illness benefit will not be paid out if the first diagnosis occurred within the first ____ days after the effective date
90 days
A customer declined Simply Secure on December 31st 2024. The customer comes back to Leon's to make another purchase. Does this customer qualify for the 2nd Chance Simply Secure?
No, the customer declined Simply Secure within the last 6 months.
After recovering from a disability, how long must a customer return to full-time work before being eligible for another claim?
60 consecutive days
What is the age limit for eligibility to claim a Lifetime Milestone?
70 years old
What is the SKU for the Wesley Dual Power Reclining Sofa?
05958630
If You or Your Spouse are 65 years of age or older at the date of death, the Life insurance benefit will be paid only in the event of __________
Accidental Death
Why can a self-employed customer be denied unemployment benefits even after bankruptcy?
If they were not working at least 25 hours/week or their business hadn’t operated for 2 full years
Dismemberment is defined as the total and irrevocable loss of the entire sight of both eyes, or ________________
a hand or foot by complete severance through or above the wrist or ankle joint.
What is the deadline for submitting supporting documents for a claim after a lifetime milestone?
90 days
Which Appliance Manufacturer's SKU numbers begin with 587?
Danby