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New Employee Orientation - Recap/Review Flashcards | StudBud
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New Employee Orientation - Recap/Review
The SVP of Life Solutions is:
NEO stands for:
New Employee Orientation - Recap/Review
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NEO
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Answers
1
NEO stands for:
New Employee Orientation
Character from popular movie - the matrix
Not Entertaining Others
New Enterprise Objective
2
The SVP of Life Solutions is:
Dennis Glass
Heather Milligan
Ebony McClinton
Mike Burns
3
Who receives the death benefit if the primary beneficiary dies?
The state of the insured
Contingent Beneficiary
Insurance Company
Assignee
4
What is the marketing name of Lincoln's term policy?
LifeElements
Indexed Universal Life
Variable Universal Life
MoneyGuard
5
A term product can be changed to a permanent product by a process called:
Exchange/Conversion
Restructure
Trick question - Not possible
Reconstruction
6
The Automated Work Distribution (AWD) system is used to:
Store Images
Approve/Disapprove Applications
Scan Documents
Code Policies
7
After the 5th year, MoneyGuard II allows a(n):
100% Return of Premium
Exchange/Conversion Period
Grace period
Stipend for college funding
8
The SVP of Underwriting and New Business is:
Kelly Morrison
Dennis Glass
Mike Burns
Heather Milligan
9
You can send cards of appreciation to your coworkers using:
Microsoft Lync
Lincoln Appreciation Hub
Interoffice mail
Microsoft Outlook Email
10
Which of the following is considered the primary anti-money laundering law?
Anti-Money Laundering Act
Compliance Act
Bank Secrecy Act
USA Patriot Act
11
Knowledge, awareness, sensitivity, and competence are considered to be:
Components of a Culturally Competent Group
Lincoln's Shared Values
Lincoln's Core Values
Lincoln's Leadership Expectations
12
Life insurance contracts involve five different parties. Which is not one of those parties?
Payor and Insured
Insurer and Insured
Beneficiary and Policy Owner
Assignee and Producer
13
Which of the following is NOT one of Lincoln's Leadership Competencies?
Diversity and Inclusion
Communication
Asset Protection
Strategic Thinking
14
Which of the following is NOT one of Lincoln's Leadership Competencies?
Innovation
Optimism
Commitment to Excellence
Talent Management
15
Which product helps prepare for long term care expenses?
Variable Universal Life
Indexed Universal Life
Term
MoneyGuard
16
The E in FREDRIC stands for:
Excellence
Exceed Expectations
Employee Ownership
Engagement
17
What group acts as a self-regulatory organization?
SEC
FINRA
NAIC
OFAC
18
In 2006, Lincoln merged with which company?
Mass Mutual
Lincoln Financial Distributors
First Penn Pacific
Jefferson Pilot Financial
19
The process of printing and binding a policy can be referred to as:
Policy Print
Assembly
Coding
Indexing
20
An underwriting decision is often made based on all of the following, EXCEPT:
Age
Medical History
Race
Income
21
Jeans day occurs on which day of the week?
Friday
Monday
Tuesday
Whenever I feel like it
22
Which product offers a variety of investment options?
LifeElements
Indexed Universal Life
MoneyGuard
Variable Universal Life
23
Who maintains the SDN list?
NAIC
Lincoln Financial Distributors
Compliance
OFAC
24
Who is Lincoln's Chief Diversity Officer?
Heather Milligan
Will Fuller
Allison Green
Mike Burns
25
What does the F in Fredric stand for?
Fairness
Flexibility
First Class Service
Frequency
26
Lincoln's shared values can be captured by the name:
Christina
Jessica
Fredric
Abraham
27
Select the three P's of life insurance.
Pass
Protect
Provide
Persuade
28
Lincoln's headquarters are located in which city?
Radnor
Philadelphia
Fort Wayne
Greensboro
29
The purpose of this act is to deter terrorist acts.
Compliance Act
Bank Secrecy Act
Anti-Money Laundering Act
USA Patriot Act
30
Acts related to hiding the source of money can be referred to as?
Incontestable
Money Laundering
Fraud
Compliance
31
What is the third step in the life of an application process?
Assembly
Coding
Pending/Underwriting
Scanning/Indexing
32
In what year did Lincoln celebrate its 100th anniversary?
2015
2016
1995
2005
33
Which of the following is not one of Lincoln's nine leadership competencies?
Determination
Enterprise Thinking
Strategic Skills
Innovation
34
The first type of insurance occurred in which country?
Italy
China
America
Germany
35
The first step in the Underwriting and New Business process is called:
Scanning/Indexing
Assembly
Coding
Pending/Underwriting
36
A policy owner can review his/her policy for 10-30 days using the:
Policy Manual
First Look Option
TermAccel Platform
Free look Provision
37
What type of dress code policy does Lincoln have?
There is no dress policy
Business Casual
Casual
Business Professional
38
Our internal expense management system can be referred to as:
HR Direct
LMS
Ariba
TPMS
39
In what city was Lincoln founded?
Fort Wayne
Hartford
Radnor
Philadelphia
40
Which of the following is NOT one of Lincoln's Leadership Competencies?
Enterprise Thinking
Respect
Execution
Relationships
41
When a policy is pending, it is waiting approval from the:
Coding NBA
Underwriter
Director of Approvals
Assembling NBA
42
Who is the President and CEO of Lincoln Financial?
Mike Burns
Heather Milligan
Willie Jones
Dennis Glass