Indexed Universal Life policies should be submitted in Opt! using the Target Premium of the policy. Excess funds are contributory and are not required monthly to keep the policy inforce and should not be included in the APV. Including excess premium in your submitted APV will lower your net placed percentage as this amount is excluded from issued paid premium consideration.
Articles in this section
- Will DFL activity be visible in HQ?
- How often will the data be updated for placed business by the carrier?
- In terms of raises and promotions, what is the difference between snapshot and Quility stats?
- How do I access the software to fill out applications?
- Will we still be doing business in Opt! or only within HQ?
- When signing up clients, do we do so in Opt! or do we go to HQ?
- What is the Split Commission Policy?
- Can a submitted application be edited in Opt!?
- Who can answer questions regarding Advanced Markets?
- Can I have an application deleted?
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