DISABILITY TACTICAL TRAINING

ASSURITY TERM LIFE - VIP TACTICAL TRAINING - MODULE 5

Give someone a fish... they have a meal. Teach someone to fish... feed them for a lifetime.
TERM LIFE MULTIPLE CHOICE QUESTIONS and COMPARISONS

This is a comparison of the most popular of each carrier's offerings. Plan details may vary slightly by state, but they are virtually the same.

In this comparison, we have also included some intrinsic values that matter to clients and accounts, but you will not find on the standard brochure. (hold times, enrollment platform capabilities, etc)

We have also added a component for underwritng and your commissions and vesting to compare. These things should matter greatly to you!

(1) Download EACH DOCUMENT from the List below.

(2) Answer the 11 multiple Choice Questions

Once this module is complete, you will be directed to your next training module unless otherwise directed by you.
DOWNLOAD ALL MATERIALS BELOW FOR THIS COURSE.

We Recommend Printing and/or using a second Monitor

Assurity Term Life Proposal Sample

ASSURITY TERM GENERIC FLYER

Assurity Case Manager Flyer

Assurity Customer Service Standards

VIP's SPECIAL UNDERWRITING OFFER

Claims Service Survey Comparisons

Commissions/Vesting/Account Ownership Comparisons

1. What is a key feature of the Assurity Term Life Policy's portability?*

a) Coverage can be continued regardless of job changesb) The policy must be in force for at least 60 days before terminationc) Written request must be received within 30 days of terminationd) Portability is not available in any state
Correct!
Incorrect.

2. How long before policy expiry can the conversion option be exercised?*

a) Up to 30 daysb) Up to 45 daysc) Up to 60 daysd) Up to 90 days
Correct!
Incorrect.

3. What is the maximum guaranteed issue amount available on groups 100+?*

a) $100,000b) $125,000c) $150,000d) $200,000
Correct!
Incorrect.

4. What is the maximum guaranteed issue amount available on groups 10-99*

a) $100,000b) $125,000c) $150,000d) $200,000
Correct!
Incorrect.

5. What is a condition for the portability of coverage?*

a) The insured's certificate must be in force for at least 30 consecutive daysb) A written request must be received within 60 days of terminationc) The master policy must have terminatedd) The insured must be under 65 years old
Correct!
Incorrect.

6. Which of the following is true about the spouse rider in the Assurity Term Life Policy?*

a) It provides coverage for 50% of the employee's term coverageb) It's available for a 15-year periodc) The benefit amount is 30% of the employee's term coveraged) Coverage for spouse continues beyond the rider term period
Correct!
Incorrect.

7. How is the premium for a converted whole life policy determined?*

a) It remains the same as the term policyb) It's based on the insured's age at conversion and current Assurity ratesc) It's always 50% higher than the term policy ratesd) It's determined by the employer
Correct!
Incorrect.

8. What is the minimum amount that can be converted to a whole life policy?*

a) $5,000b) $10,000c) $25,000d) The full face amount only
Correct!
Incorrect.

9. Which of the following is NOT mentioned as a key feature of the Assurity Term Life Insurance?*

a) Easy-to-understand coverageb) Guaranteed, level premium periodsc) Coverage available for employees, spouses, and childrend) Increasing death benefit over time
Correct!
Incorrect.

10. What determines the maximum guaranteed issue amount?*

a) Only the insured's ageb) Only the group sizec) Underwriting basis, group size, and issue aged) The employee's salary
Correct!
Incorrect.

11. How long is the spouse rider term coverage available for?*

a) 5 or 10 yearsb) 10 or 15 yearsc) 10 or 20 yearsd) 15 or 25 years
Correct!
Incorrect.

In a brief Summary, what are some advantages that you have in the field selling this Life Insurance Policy? *
Certification

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ASSURITY TERM LIFE - VIP TACTICAL TRAINING - MODULE 5