Team Af Quiz "Total Accumulator"
10 Questions
| Attempts: 186
AF Knowledge
Questions and Answers
- 1.What are the two options of the "Coverage Guarantee Rider"?
- A.
10 yrs ages 0-70, 5 yrs age 76+
- B.
To age 80, or life
- C.
Extended or Lifetime
- D.
None
- 2.If you are using one of the Ibbotson models (SelectStrategy), what are the underlying investments?
- A.
ETFs
- B.
Individual Stocks
- C.
REITs
- D.
Gold and Silver
- 3.When you are using an Ibbotson model, you can not also choose your own sub-accounts. True or False
- A.
True
- B.
False
- 4.You are in AccessAllstate and viewing the TotalAccumulator. When" Viewing Material for this Product" the "Monthly Performance Update", what charges or fees are reflected in the returns?
- A.
Premium charges
- B.
Cost of Insurance charges
- C.
Portfolio Management fees
- D.
Policy fees
- 5.You can locate the New Account Documents - Variable Universal Life forms in the AFS. LLC Paperwork Suite. True or False
- A.
True
- B.
False
- 6.A 35 year old male pays the Extended Coverage Guarantee premium how long would his death benefit last according to the Coverage Guarantee Rider?
- A.
Life
- B.
35 years
- C.
20 years
- D.
10 years
- 7.On the AFS, LLC home, you can find of the following?
- A.
529 Selling Agreement
- B.
EFocus Archive
- C.
Paperwork Suite
- D.
All the above
- 8.The SelectLegacy Strategy in the SelectStrategy Planning Tool is designed for those who are seeking to use life insurance for which of the following?
- A.
A balance of protection and cash value growth
- B.
A strategy that emphasizes the potential for tax advantaged cash value growth by funding the policy up to IRS limits
- C.
A strategy to determine the best asset allocation to meet a particuliar risk tolerance
- D.
A strategy in a estate plan to increase the amount of an income-tax-free death benefit paoid to beneficiaries
- 9.The PITR is not available on the TotalAccumulator. Trur or False
- A.
True
- B.
False
- 10.Age 35 rear old male, preferred nonsmoker, $250,000 (DB1), pay all years, monthly and 4 units of CTR. What would the monthly Lifetime premium be?
- A.
$99.39
- B.
$178.35
- C.
$206.27
- D.
$174.81
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