Team Af Quiz - Review

10 Questions | Total Attempts: 36

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Team Af Quiz - Review

Questions and Answers
  • 1. 
    The "Guaranteed Insurability Rider" is available on all the following policies "except"?
    • A. 

      TotalAccumualtor

    • B. 

      AWLA

    • C. 

      TrueTerm

    • D. 

      Ultra Plus

  • 2. 
    Which of the following policies have guaranteed premiums and guaranteed cash values?
    • A. 

      AWLA

    • B. 

      TrueTerm

    • C. 

      Legacy Secure

    • D. 

      Ultra Plus

  • 3. 
    You are planning to do a term conversion on on a existing TrueTerm policy. Where can you find the underwriting class that the policy was"issued as" while viewing the current policy (view the "Service This Customer" area)?
    • A. 

      View Transactions

    • B. 

      Contract Information Change

    • C. 

      View Customer Information

    • D. 

      Request Billing Change

  • 4. 
    The Extended Coverage Option under the  "Coverage Gurantee Rider" that is available on the TotalAccumulator provides a guaranteed death benefit for 20 years or age 70 whichever is greater. True or False?
    • A. 

      True

    • B. 

      False

  • 5. 
    Which of the following statements is "false" regarding the Ultra Index policy?
    • A. 

      It is considered a fixed product

    • B. 

      The "Floor" is 0%

    • C. 

      Can not write juveniles (under 18)

    • D. 

      The minium interest guarantee is 2%

  • 6. 
    When using the "Product Info" drop down under "Products" if you are viewing TrueTerm (LBL company view) you can use the "Quick Links" to jump to information on the Face Amount, Riders, Conversion Privileges and Issue Ages. True or False?
    • A. 

      True

    • B. 

      False

  • 7. 
    On a "Child Term Rider" when any child on the rider  reaches Age 25, they can convert this coverage to 5x the face amount of the rider and have their own policy without proof of insurability. What is/are the options they have as to what kind of policy that they can convert to? 
    • A. 

      Another term policy

    • B. 

      Permanent policy (could have a term rider)

    • C. 

      Only an Allstate policy

    • D. 

      None

  • 8. 
    UL policies have "flexible" premiums and "flexible" death benfits. The whole life polcies have "guaranteed" premiums and "guaranteed" death benfits. True or False?
    • A. 

      True

    • B. 

      False

  • 9. 
    The "Liquidity Rider" is available on the following policy?
    • A. 

      Ultra Plus

    • B. 

      L:egacy Secure

    • C. 

      AWLA

    • D. 

      TrueTerm

  • 10. 
    Your client wants a policy that has the following; level premiums that are set and will not increase, death benefit that is certain to be there and will not decrease (it could increase) and increasing cash value that is safe, secure for the future (regardless of market conditions). Which policy would best fit their needs?
    • A. 

      TrueTerm

    • B. 

      Allstate Whole Life Advantage

    • C. 

      Ultra Plus

    • D. 

      Legacy Secure

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