Podcast
Questions and Answers
What is the base benefit waiting period for GTL's Hospital Indemnity Insurance Elite?
What is the base benefit waiting period for GTL's Hospital Indemnity Insurance Elite?
- 24 hours
- 12 hours
- 48 hours
- 6 hours (correct)
What is the benefit restoration waiting period for GTL's Hospital Indemnity Insurance Elite?
What is the benefit restoration waiting period for GTL's Hospital Indemnity Insurance Elite?
- 90 days
- 30 days
- 120 days
- 60 days (correct)
What is the age range for guaranteed issue underwriting for GTL's Hospital Indemnity Insurance Elite?
What is the age range for guaranteed issue underwriting for GTL's Hospital Indemnity Insurance Elite?
- 65 up to age 75
- 60 up to age 70
- 70 up to age 80
- 64 1/2 up to age 68 (correct)
What is the maximum cash benefit for the lump sum cancer rider?
What is the maximum cash benefit for the lump sum cancer rider?
Which of the following benefits is not included in the optional riders for GTL's Hospital Indemnity Insurance Elite?
Which of the following benefits is not included in the optional riders for GTL's Hospital Indemnity Insurance Elite?
What is the maximum annual benefit for the dental/vision rider?
What is the maximum annual benefit for the dental/vision rider?
What is the claims process like for GTL's Hospital Indemnity Insurance Elite?
What is the claims process like for GTL's Hospital Indemnity Insurance Elite?
What is the benefit of customizing the policy for GTL's Hospital Indemnity Insurance Elite?
What is the benefit of customizing the policy for GTL's Hospital Indemnity Insurance Elite?
What is the renewal policy for GTL's Hospital Indemnity Insurance Elite?
What is the renewal policy for GTL's Hospital Indemnity Insurance Elite?
What is the benefit of unlimited hospital room benefits for GTL's Hospital Indemnity Insurance Elite?
What is the benefit of unlimited hospital room benefits for GTL's Hospital Indemnity Insurance Elite?
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Study Notes
- GTL's Hospital Indemnity Insurance Elite has a base benefit that kicks in after 6 hours of hospital stay and is surprisingly affordable.
- The policy has unlimited hospital room benefits and rates don't increase as you age.
- Simplified underwriting and instant approval are available for guaranteed issue for ages 64 1/2 up to age 68 in most states.
- Benefit restoration is available for an unlimited amount of times after 60 days of no hospital confinement.
- You can customize the policy to fit your needs by choosing the base benefit and optional benefits.
- The policy pays benefits directly to you, and the claims process is simple.
- The policy is guaranteed renewable for life as long as premiums are paid on time.
- Optional riders are available for skilled nursing facility, ambulance, outpatient therapy, cancer lump sum, outpatient surgical, critical accident, lump sum hospital, and dental and vision benefits.
- The dental/vision rider will pay an annual benefit of up to $400, $800, or $1,200 for services performed by a licensed dentist, ophthalmologist or optometrist after the first year.
- The lump sum cancer rider will pay a cash benefit of up to $20,000 if you are diagnosed with cancer.
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