LNL True or False

The first draft for a new policy is the day the application is received

A spouse rider can be split off the main policy and converted into a separate policy for the spouse.

Beneficiaries can request an M895 form.

I can find pending policies on OI10

I can search a policy by SSN

You can provide quotes for brand new policies

Policies within the Free Look Period can be cancelled

Ownership changes are possible on AL policies (Modified Life)

The LV01 screen can be used to produce a policy information letter

Details for the POA can be found in the notes.

You can search for a policy by DAC number

GFXP is the check screen

You can use the DNME Screen to search the agent by name.

Agents can update the address without the owner

You can use PLRD to view the Premium History.

I can use D001 to see if an Agent is Active or Termed

Suspended payments are returned after 30 days

An ART (annual renewable term) means the policy premium increase every year

A child is only covered until age 18

5075 shows the amount of premiums paid in 1 month

The minimum amount you can borrow from your cash value is $40.00

You can make a beneficiary change over the phone.

CB00 shows mail in discounts

You can find the NFO option on the 5001 Screen.

Modified Life policies have a 3 year waiting period.

You can search by name on screen 5055.

4111 is used to process a loan

A TAR pays 25% of the total benefit coverage before death

We have to ask the cardholders name before taking the card payment

A policy that has cash value lapses at 49 days past due.