SUPP Contracts Beneficiary Options Type 1-8

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Parties jouées 3 %Précision 100 Temps moyen 02:09

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SUPP contract beneficiary types 1-8

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Sharon

United States

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SUPP Contracts Beneficiary Options Type 1-8


Froggy Jumps SUPP Contracts Beneficiary Options Type 1-8Version en ligne SUPP contract beneficiary types 1-8 par Sharon 1 Supplemental Contracts Beneficiary Type 1-8 are: a An option for a beneficiary of a life insurance or annuity death claim b Mandatory for a beneficiary to choose c Lock beneficiary into a set payment for life 2 Which AMT tab shows Supplemental Contracts a SUPP / F 111 b VALU c DEATH1 3 How do we order a SUPP contract partial withdrawal form? a Claim Team – SUPP Contract – Misc with note to send PW form b Life Benefits - Partial Withdrawal Form c Death Claim - Misc with note to send PW form 4 Which is NOT true of beneficiary SUPP Types 1-8 a Member locked into life payment with no access to additional funds b Have a partial withdrawal or cash surrender option c If SUPP account holder dies, their beneficiary will get remaining funds 5 SUPP Type 4 or Type 8 Minor Beneficiary a Used when beneficiary was a minor on a death claim b Nobody can access funds until minor becomes adult in his/her state c Call Certificate Services with questions 6 The "base" certificate number on SUPP types 1-8 is: a Deceased's cert with a -S, -T, etc...for each beneficiary choosing a SUPP b A brand new certificate number c The SUPP member's Social Security number 7 Five Year Rule or Ten Year Rule SUPPS a All funds must be out by December of the fifth or tenth year b Funds do NOT earn any interest c Are not popular beneficiary choices 8 If member asks for a current balance of their SUPP Type 1-8? a Call SUPP/SPIA for balance and taxable gain quote b Quote the SUPP DEP AMT / Deposit Amount c Direct member to their local agent 9 If you cannot reach the Claim SUPP phone queue, what do you do? a Send request to Claim Team - SUPP Contract - Misc b Cry and shake your fists in the air c Walk over to Claim SUPP department 10 How are Beneficiary Type 1-8 different from annuity SPIAS? a Bene Type 1-8 allow access to funds. SPIA Type A-S have locked in lifetime payments. b They are exactly the same c I've no idea!

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SUPP Contracts Beneficiary Options Type 1-8

Froggy Jumps

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

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SUPP Contracts Beneficiary Options Type 1-8Version en ligne

par Sharon

Supplemental Contracts Beneficiary Type 1-8 are:

Which AMT tab shows Supplemental Contracts

How do we order a SUPP contract partial withdrawal form?

Which is NOT true of beneficiary SUPP Types 1-8

SUPP Type 4 or Type 8 Minor Beneficiary

The "base" certificate number on SUPP types 1-8 is:

Five Year Rule or Ten Year Rule SUPPS

If member asks for a current balance of their SUPP Type 1-8?

If you cannot reach the Claim SUPP phone queue, what do you do?

How are Beneficiary Type 1-8 different from annuity SPIAS?