LIMITED BENEFIT PLAN - GUARANTEED ISSUE - $10K MAXIMUM Flashcards
GUARANTEED ISSUE is a LImited Benefit, Whole Life plan, with a Maximum Face Amount of $10,000. What is the minimum Face Amount of GUARANTEED ISSUE?
LIMITED BENEFITS
GUARANTEED ISSUE PLAN:
Minimum Face Amount: $1,000
GUARANTEED ISSUE is a LImited Benefit, Whole Life plan, with a Maximum Face Amount of $10,000. What are the Issue Ages of GUARANTEED ISSUE PLAN?
LMITED BENEFIT PLAN
GUARANTEED ISSUE:
Issue Ages 0 - 85
What are the Tobacco/Nicotine Restrictions for Tobacco/Nicotine use in the GUARANTEED ISSUE PLAN?
LIMITED BENEFIT PLAN
GUARANTEED ISSUE:
No Restrictions for Tobacco/Nicotine Use
Who is elegible for **GUARANTEED ISSUE **plan?
LIMITED BENEFIT
GUARANTEED ISSUE:
Guaranteed To Anyone 0 - 85, Regardless of Health Conditions
What are the benefits of GUARANTEED ISSUE PLAN?
LIMITED BENEFIT
GUARANTEED ISSUE:
Benefit: Years 1-3 110% Of Premiums Paid; Year 4+ Full Face Amount