Beneficiary & Name Change Quiz

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Test your knowledge on beneficiary/name changes

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Sharon

United States

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Beneficiary & Name Change Quiz


Froggy Jumps Beneficiary & Name Change QuizOnline version Test your knowledge on beneficiary/name changes by Sharon 1 What is the purpose of Beneficiary-Name Change Form 948? a To apply for a new policy. b To request a loan against a policy. c To update beneficiary and/or name on a certificate. 2 Where can caller print the Beneficiary-Name Change form? a modernwoodmen.com b They must first create an account at modernwoodmen.org c modernwoodmen.org - Printable Forms - Beneficiary and/or name change form 3 How do we order a Beneficiary-Name Change Form to mail to the member? a Caller must talk to local agent for the form. b Member must update via website. We've gone paperless. c Certificate Services - Beneficiary-Name Change 4 What information is required on a Beneficiary form? a Beneficiary’s phone number, address, SS# and DOB. b Policy issue date. c Beneficiary’s name and relationship to insured. 5 This option is available after logging in at modernwoodmen.org. a Update beneficiary and/or name WITHOUT a paper form. b Request a new policy c Cancel the certificate. 6 What should we do if a member states that a loved one has passed? a Acknowledge, then review the verified caller's beneficiary listing. b Ignore what was said. c Terminate the certificate. 7 What is the purpose of a Beneficiary Confirmation Page? a Sends the current beneficiary listing for member. b Issues a new certificate number. c Prints a receipt for premium. 8 What is Per Stirpes? a Any deceased beneficiary’s portion is split between their children. b A horse riding term. c A loan feature. 9 What happens after a beneficiary and/or name change is accepted? a No notice is sent. b Certificate is canceled. c A confirmation letter mails to the certificate owner. 10 Can a funeral home be named as a beneficiary? a Yes, in all states and for any insurance amount. b If member requests this, call Certificate Services to see if their state allows. c It is never allowed 11 What happens after a beneficiary and/or name change is rejected? a A letter mails with rejection reason and new form 948. b The Modern Woodmen fraud team is alerted. c We call members and tell them they did the form wrong. 12 What is a Modern Woodmen ID / MWAID? a An ID # put on address change letters. Enter in AMT to link to cert #. b Member's date of birth. c Member's chapter number. 13 If a verified member gives a different address or phone. a Tell them the address or phone we have on VALU. b Submit under Certificate Services - Address/Phone Change c Quicky hang up, it's probably a scam! 14 A witness signature on the Beneficiary/Name Form. a Is required in every state. b Is helpful, but only required in Massachusetts. c Form must be witnessed and notarized in all states. 15 Questions on making a trust or will as beneficiary. a Service Reps can handle and give legal advice. b Transfer to Legal Department. c Warm transfer the call to Certificate Services. 16 A Release of Information Form a Allows Modern Woodmen to speak to listen person(s) for 1 year. b Allows authorized person to make changes to the certificate. c Remains active forever. 17 A verified member can give phone permission to speak with somebody else a On current call, unless member requests 24 hour permission. b Permission is good on ALL future calls. c False, we cannot talk to anybody other than certificate owner.

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Beneficiary & Name Change Quiz

Froggy Jumps

About this activity

Created by

Download the paper version to play

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Beneficiary & Name Change QuizOnline version

by Sharon

What is the purpose of Beneficiary-Name Change Form 948?

Where can caller print the Beneficiary-Name Change form?

How do we order a Beneficiary-Name Change Form to mail to the member?

What information is required on a Beneficiary form?

This option is available after logging in at modernwoodmen.org.

What should we do if a member states that a loved one has passed?

What is the purpose of a Beneficiary Confirmation Page?

What is Per Stirpes?

What happens after a beneficiary and/or name change is accepted?

Can a funeral home be named as a beneficiary?

What happens after a beneficiary and/or name change is rejected?

What is a Modern Woodmen ID / MWAID?

If a verified member gives a different address or phone.

A witness signature on the Beneficiary/Name Form.

Questions on making a trust or will as beneficiary.

A Release of Information Form

A verified member can give phone permission to speak with somebody else