The minimum face amount for Columbus Life's Indexed Explorer Plus is ______ and _______ for preferred rates.
A.
25,000; 100,000
B.
10,000; 10,000
C.
50,000; 100,000
D.
15,000; 50,000
2.
The Indexed Explorer Plus IUL has 10 years of surrender charges.
A.
True
B.
False
3.
If a client wants to put a lump sum of money into an IUL, they can do so using the CLIC Premium Deposit Account, or SPIA.
A.
True
B.
False
4.
The Indexed Explorer Plus IUL offers a unique underwriting table shave program. If a client is rated 1 or 2 tables above, they automatically get a standard rating.
A.
True
B.
False
5.
When a client wants to borrow money on the CLIC IUL, they will never pay more than a ____ % rate of interest on the loan.
