| History | Client Base | Basic ASR Knowledge | Life Products | Health & Accident Products |
|---|---|---|---|---|
|
What city was Colonial Life Founded in?
Colombia, South Carolina
|
What is the minimum number of employees to sign up company?
5 or more
|
What is the advanced commission?
65%
|
What is the number of employees required for guaranteed issue?
3 or more
|
When are riders not available?
Kitchen table Sales
|
|
Who were the founders of Colonial Life
Edwin F. Averyt & J. Clifton Judy
|
What is the ideal company size?
10-100 Employees
|
What is the 10K30 Bonus?
$1,000
|
How do we determine the life insurance needs?
Life Needs Assesment
|
What is the maximum amount of monthly benefit for disability rider?
$2,500
|
|
Who is the current President and CEO at Colonial Life?
Tim Arnold
|
When is a company considered high risk?
High Turnover
|
What is the key to keep the sales process flowing?
Prospecting/Referral
|
What is the minimum face amount for Term Life?
$10,000
|
How much does hospital confinement benefit pay?
$100/ day up to 30 days
|
|
What year did the company become Colonial Life & Accident Insurance Company
1939
|
What are companies that meet the account eligibility requirements called?
Target Market
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What is the process to keep active accounts active?
Rework
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How much is the immediate advance claims payment in whole life?
$3,000
|
What are Accident disability Rider, Accident/sickness Rider, Specified Critical illness rider, sickness hospital confinement rider and sickness hospital confinement with sickness hospital admission rider?
5 Optional riders
|
|
When was Colonial Life founded as a Mutual Accident Company?
1937
|
What are the companies to avoid?
Daycare/Restaurant
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What is the max rep YTD Bonus?
$7,000
|
What underwriting band is required for FaceAmount of over $250K?
Band 4
|
What is active lifestyles, gunshot wound, well being assistance-standard and well being Assistance-basic?
Four employer optional benefits
|
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