Complex Changes

6. A _____ CSO Whole Life policy cannot be decreased
9. The ______ of the term on a policy lapsed to ETI depends on the total value of the policy
10. The minimum death benefit for a policy issued September 25, 2003 that is changing to RPU
13. Outstanding loan balance equals or exceeds policy cash value
15. If a policy has loan interest in arrears, the ____ loan interest must be paid
16. "Buying in bulk"
17. A Supplemental Application for ________ Changes is required to change a policy to ETI or RPU
18. All reinstatement requests are subject to _______ review and approval
21. A Reduced Paid Up policy is a _____ ______ policy

1. A _____ __________ is not allowed if the Insured is age 65 or older
2. In a maximum indebtedness situation, only _______ dividends can be applied to loan interest due
3. The minimum death benefit for a senior whole life policy
4. Extended Term Insurance and Reduced Paid Up Insurance are considered ____ ________ options
5. A Supplemental Application for Underwritten Changes must be signed via ____ _________
7. Once a policy is put on ETI or RPU all benefit riders are _________
8. The Reinstatement Application must be dated within ____ ____
10. Policies issued in Illinois after June 10, _____ have 3 years to reinstate their term policy
11. In a maximum indebtedness situation, if the loan interest type is ______, the full loan interest must be paid
12. The cash value and dividend value, minus any loan, are used to purchase a paid up policy
14. Reinstatement Applications are _____ ______ based on the contract state
19. A policy that terminates for maximum indebtedness cannot be _______
20. An Extended Term Insurance policy is a _____ life policy.