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3. Get Selling: The IUL

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Introduction to Indexed Universal Life

1 Quiz
- Introduction to Indexed Universal Life Quiz
IUL Key Concepts

1 Quiz
- IUL Key Concepts Quiz
IUL Policy Overview

1 Quiz
- IUL Policy Overview Quiz
Accelerated Benefit Riders

1 Quiz
- Accelerated Benefit Riders Quiz
Living Benefit: Cash Value

1 Quiz
- Living Benefit: Cash Value Quiz
Indexing Strengths

1 Quiz
- Indexing Strengths Quiz
Properly Structuring The Policy

1 Quiz
- Properly Structuring The Policy Quiz
Underwriting For IUL Policies

1 Quiz
- Underwriting For IUL Policies Quiz
Best Usage

1 Quiz
- Best Usage Quiz
Design Strategy

1 Quiz
- Design Strategy Quiz
IUL Segment Strategies

1 Quiz
- IUL Segment Strategies Quiz

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Quiz 4 of 11

Accelerated Benefit Riders Quiz

3. Get Selling: The IUL Accelerated Benefit Riders Accelerated Benefit Riders Quiz

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Question 1 of 4

1. Question
ABR is an acronym for: 
- Accelerated Benefit Rider. 
- Average Balance Rider. 
- Accelerated Balance Rider. 
- Agreeable Broker Referral. 
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Question 2 of 4

2. Question
Accelerated Benefit Riders are: 
- Riders that provide health insurance. 
- Riders that allow you to accelerate a portion of the death benefit in your IUL policy. 
- A long-term care insurance policy that you apply for separately. 
- Only available in California. 
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Question 3 of 4

3. Question
The following are examples of qualifying event triggers for the Critical Injury ABR, except: 
- Coma. 
- Severe burns. 
- Broken finger. 
- Traumatic brain injury. 
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Question 4 of 4

4. Question
Which of the following statements are TRUE regarding ABR Payouts? 
- ABR Payouts must be made directly to the hospital where the insured is admitted. 
- ABR Payouts are subject to taxes, like regular income. 
- ABR Payouts are made directly to the beneficiary of a life policy. 
- ABR Payouts are made directly to the policy owner and may be used for any purpose. 
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