Study

RE Day 2 Review

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  • List the plans offered under the Real Estate sales channel.
    ShieldEssential, ShieldPlus, ShieldComplete (Extra Credit: Basic Coverage plan for HSA)
  • True or False: AHS Roof Leaks protection has a coverage limit up to $2000 per contract term.
    False, $1500 per contract term.
  • The covered states of CA, AZ, NV, and TX will now have a trade service fee of ____.
    $85
  • The NEW ShieldComplete coverage will now provide one free ____________________.
    Rekey Service
  • The NEW ShieldEssential plan has added coverage on Garage Door Openers, Ceiling Fans, Exhaust Fans, and _________.
    Doorbells
  • Is HSA available in each of the following states: NH, IN, HI, MI?
    Yes for New Hampshire and Michigan. No for Hawaii and Indiana.
  • AHS will pay up to ___ per pound per occurrence for refrigerant for the ShieldEssential and ShieldPlus plan. Customer is responsible for payment of any costs in excess of ___ per pound.
    10
  • Roof Leak Repairs are now included in which of the Real Estate Products?
    ShieldComplete
  • Which AHS Real Estate plan covers failures due to improper installation, repair or modifications?
    Shield Assurances - All of Them
  • How many days post close do we allow a buyer to place a work order without funding verification?
    21 days
  • Well pumps have a coverage limit of $_______ while Sewage Ejector pumps (Septic) has a coverage limit of $______.
    Well Pump - 1500, Septic - 500
  • The Buyer has ___ days after closing to upgrade package and/or add options.
    60
  • The new ShieldComplete coverage has increased the appliance limit to:
    7000
  • The Electronics Protection by Allstate will cover up to ________ aggregately each contract term.
    5000
  • HSA agreements cover up to $________ per trade per contract term.
    5000
  • Which of the dwelling types would qualify for roof leak protection?
    Single Family Homes. Plex Properties.
  • Before listing coverage can be extended what 2 situations would prevent you from honoring an extension?
    If the customer has received $500 in claims. If the customer has had 3 or more work orders.
  • How long is listing/seller's coverage initially set up for?
    6 months
  • What criteria must be met by the seller to qualify for listing (seller’s) coverage?
    Must have RE Agent and actively listed on RE market
  • True or False: AHS will cover the Water Softener as an additional option.
    False, this option is only covered through HSA.