TITANIUM DIRECT ONLINE QUIZ GAME

Can NFTF be used by an agent to sell outside of the Philippines?

• Yes, for the benefit of our OFW clients.

• No, because it violates ECQ Protocols

• No. License issued by the IC to an agent authorizes him to sell within the Philippines only.

Can we sell corporate accounts under the arrangement?

• Yes, provided that the agent, corporate applicant (represented by the authorized signatory) and the insured participate in the virtual meeting.

• No, only individual account is allowed for the NFTF selling.

• Yes, provided that the insured and agent participate in the meeting even without the presence of the corporate applicant.

Can an agent do FTF presentations to neighbors living in same condominium or within the same compound as agent?

• Yes, provided that you will follow Social Distancing.

• No, as this will still be considered a violation of the ECQ home quarantine.

• Yes, just provide an agent's report regarding your Face to face session.

What are the requirements if your client is your relative/s living with you to allow the Face-to-Face Session?

• submit any valid government issued ID showing the same address as indicated in the applicant’s

  valid ID submitted as part of KYC requirements; and

  a screenshot of the FTF presentation.

• submit any valid government issued ID showing the same address as indicated in the applicant’s

  valid ID submitted as part of KYC requirements.

• No other requirements required if the selling is done thru Face-to-Face session.

Will NFTF requirements apply to complete applications with an agent but were not submitted

because of the closure of offices required under ECQ?

• No, provide client's letter as a proof that the signing was done before March 16, 2020

• Yes, as application still not submitted during ECQ period should follow NFTF requirements

• No, provided these applications were completed before the 16 March 2020 implementation of the ECQ.

Until when will the use of NFTF be applicable?

• This is applicable even when the ECQ is lifted because it is more convenient to the agent to do his

  presentation when the client can't able to meet face to face.

• NFTF for life insurance presentation is required during the entire duration of the ECQ period.

• Applicable for the whole year of 2020.

As the sales presentation is virtual, how will the client sign and submit the application form, Quotation Proposal (QP),

Suitability Assessment Form (SAF) and other necessary documents to support his application?

• The use of electronic forms and electronic signature are allowed under the NFTF sales presentation.

• No signature is required as long as client sends signed Attestation Form.

• No signature is required for the forms as long as you submitted the proof that you follow the NFTF session.

What payment options are available under NFTF?

• Cash, Auto-Debit Arrangement, Credit Card, PDCs

• G-cash, Over the counter payment, Online bills payment

• BDO ADA, Credit Card, Online bills payment

What are the other NFTF requirements to prove the occurrence of a virtual meeting between an agent and his client?

Provide the 4 additional requirements to complete the NFTF selling.

• Attestation Form

• Picture of the client holding his any valid and acceptable ID

• Submit video record presentation

• Split-screen picture showing the agent and the client

• Picture of the client endorsing an application form

Where can the agent send the scanned copies of his/her New Business submission?

• [e-mail] and [e-mail]./ CC: [e-mail]

• [e-mail] / CC: [e-mail]

• [e-mail] and [e-mail]./ CC: [e-mail]