VA General Concepts 3.24.21

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Across
  1. 2. This product uses strategies, floors and performance locks
  2. 6. This team handles FNOD, researches beneficiaries, sends claim packets & claim payments
  3. 7. Forms & processing times can be found here
  4. 8. Benefit that guarantees payout of a guaranteed value
  5. 11. This annuity cannot lose money base don index crediting
  6. 12. Researches sales desk inquiries, handle escalated situations, preserves relationships with Distribution & Ops, handles Service Recovery calls
  7. 14. Hybrid annuity designed to provide tax free distribution
  8. 16. This team calculates RMDs, Modify's programs, processes income benefits & handles program enrollments
  9. 17. How to move Qualified funds tax free
  10. 21. Non government organization that regulates the securities industry in the US
  11. 26. Phase two of an annuity
  12. 29. A legal contract between an individual & an insurance company
  13. 30. Extra money received when a contract in opened that utilizes a vesting schedule
  14. 31. System used for older products
  15. 32. This group provides technical support to Ops, test upgrades
  16. 33. In good order
  17. 34. Not in good order
  18. 36. System used for new products
  19. 37. This program keeps the original allocation options true
  20. 38. Most B/D's are paid commissions
  21. 40. Benefit that guarantees the return of PP less withdrawals
  22. 42. This program allows for gradual investing, at an average price
  23. 44. Handles incoming written requests like address changes
  24. 47. Contingent deferred sales charge
  25. 48. Pays B/D's
  26. 49. Hired by the insurance company to travel within a region to promote products
  27. 50. This team identifies all PP, researches unidentified checks or applications, balances PP each day
Down
  1. 1. This annuity has market exposure
  2. 3. How to move Non Qualified funds tax free
  3. 4. Benefit that requires annuitization
  4. 5. Benefit that allows for lifetime payouts
  5. 9. This document is available on our website and available for any fund we invest in
  6. 10. This product has 2 separate purposes
  7. 13. Annual Inrease Amount
  8. 15. This death benefit is PP less any withdrawals
  9. 18. This program allows for owners to make systematic withdrawals for their account
  10. 19. Maintains demographic information, Rep of record changes, appoints Reps
  11. 20. Used when calculating Cost Basis
  12. 22. PO receives a steady stream of income
  13. 23. Facilitates additional payments (new money) on a regularly scheduled basis
  14. 24. Phase one of an annuity
  15. 25. This Death Benefit offers a potential higher payout upon death
  16. 27. Individual Retirement Annuity
  17. 28. This no longer for sale product uses APM
  18. 33. Hired by the insurance company to support the ERC
  19. 35. Benefit that guarantees the return of principal through withdrawals
  20. 39. Sets up DTCC Feeds for B/D's, Links BD accounts
  21. 41. This product uses MAV & AIA for tracking values
  22. 43. This program allows for owners to take their RMD
  23. 44. Handles calls from agents & PO's, troubleshoots pending issues & resolves issues, provides product overview
  24. 45. Federal agency that regulates the securities industry
  25. 46. System used to send requests to our processing partners
  26. 50. Processing time, under 59.5 & taxability
  27. 51. Maximum Anniversary Value