GLB NH Final Review

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Read each statement, and select the right answer

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Andrea Lopez

United States

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GLB NH Final ReviewVersion en ligne Read each statement, and select the right answer par Andrea Lopez 1 When is formal Reinstatement needed for Globe policies Choose one or more answers a 105 days past due b 121 days past due c 91 days past due 2 What is an ADB? a Benefit that payable only if the insured dies as the result of a covered accident b Benefit that is payable instead of the face value if the insured dies as the result of a covered accident c Benefit that is payable only if the insured dies or loses any two limbs or the sight of both eyes as the result of an accident 3 Rider that will pay half of face amount while insured still alive, and the other half at insureds passing a Extended Term Rider (ETR) b Disability Wavier of Premium (WP) c Terminal Illness Accelerated Benefit (ABR) 4 What state requires a cancellation letter when a policy is canceled? a Alabama b Florida c Georgia 5 How long does it usually take to receive a Surrender check a 3-5 days b 5-10 days c 7-10 days d 14-21 days 6 Who can change a beneficiary? a Owner/Payor b Insured/Owner c Owner only d Insured/Owner/Payor 7 In order to actually cancel a policy with no Cash Value what system would you use? a Security Manager b Mainframe c CSE-EService d Conservation Call Screen 8 Who can request a recurring payment? a Insured/Owner/Payor b Anyone c Payor only, Owner as well if willing to update "Payor" to themselves. 9 When taking a Globe lapsed payment, when do you need to email your supervisor to suspend the policy? a 115-120 days past due b Every time you take a 4 month premium payment c 110 -120 days past due 10 When taking a payment from the OB Conservation screen, if a customer can't verify HIPAA how do we proceed? a Give hints to the caller until HIPAA can be verified b Proceed with payment not releasing any confidential information c Advise the caller to call back with that information d Escalate the call to your supervisor

GLB NH Final ReviewVersion en ligne

Read each statement, and select the right answer

par Andrea Lopez

When is formal Reinstatement needed for Globe policies

Choose one or more answers

105 days past due

121 days past due

91 days past due

What is an ADB?

Benefit that payable only if the insured dies as the result of a covered accident

Benefit that is payable instead of the face value if the insured dies as the result of a covered accident

Benefit that is payable only if the insured dies or loses any two limbs or the sight of both eyes as the result of an accident

Rider that will pay half of face amount while insured still alive, and the other half at insureds passing

Extended Term Rider (ETR)

Disability Wavier of Premium (WP)

Terminal Illness Accelerated Benefit (ABR)

What state requires a cancellation letter when a policy is canceled?

Alabama

Florida

Georgia

How long does it usually take to receive a Surrender check

3-5 days

5-10 days

7-10 days

14-21 days

Who can change a beneficiary?

Owner/Payor

Insured/Owner

Owner only

Insured/Owner/Payor

In order to actually cancel a policy with no Cash Value what system would you use?

Security Manager

Mainframe

CSE-EService

Conservation Call Screen

Who can request a recurring payment?

Insured/Owner/Payor

Anyone

Payor only, Owner as well if willing to update "Payor" to themselves.

When taking a Globe lapsed payment, when do you need to email your supervisor to suspend the policy?

115-120 days past due

Every time you take a 4 month premium payment

110 -120 days past due

When taking a payment from the OB Conservation screen, if a customer can't verify HIPAA how do we proceed?

Give hints to the caller until HIPAA can be verified

Proceed with payment not releasing any confidential information

Advise the caller to call back with that information

Escalate the call to your supervisor

GLB NH Final Review

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GLB NH Final Review

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GLB NH Final ReviewVersion en ligne

par Andrea Lopez

When is formal Reinstatement needed for Globe policies

Choose one or more answers

What is an ADB?

Rider that will pay half of face amount while insured still alive, and the other half at insureds passing

What state requires a cancellation letter when a policy is canceled?

How long does it usually take to receive a Surrender check

Who can change a beneficiary?

In order to actually cancel a policy with no Cash Value what system would you use?

Who can request a recurring payment?

When taking a Globe lapsed payment, when do you need to email your supervisor to suspend the policy?

When taking a payment from the OB Conservation screen, if a customer can't verify HIPAA how do we proceed?