Please enable JavaScript.
Coggle requires JavaScript to display documents.
another test diagram (critical illness plan (Pays a lump sum to the…
another test diagram
-
Taft-Hartley Trust
Pension plans and Health and Welfare plans sponsored by labor unions for the benefit of their members came to be known as “Taft-Hartley plans”
these benefit plans are funded by contributions from the employers that hire the union workers, and the money is held in a trust fund (a “Taft-Hartley Trust”) established specifically for that purpose.
15 days
when insurer receives notice of a claim, insurer has 15 days to furnish to the claimant forms for filing proof of loss
how many days from date the agency contract application is submitted that a producer must be appointed by the insurer
-
-
-
-
joint life is a policy where one policy covers 2 people. it pays a death benefit depending on whether it is "first to die" or "survivorship".
in first to die, when the first dies, the policy will no longer provide insurance protection because the death benefit will be paying out
-
-
-
-
errors and omissions oh my if you make a mistake because this is a professional liability for which producers can be sued for mistakes of putting a policy into effect
me-see modified endowment vehicle, me see taxes only. only the death benefit is not subject to taxes. but me dead, so me no see that. me see only taxes
group health policy renewal can be denied when participation or contribution rules have been violated