PRUEasy Protect

PRUEasy Protect

1st - 5th Grade

9 Qs

quiz-placeholder

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PRUEasy Protect

PRUEasy Protect

Assessment

Quiz

Professional Development

1st - 5th Grade

Practice Problem

Medium

Created by

Jessy Koh

Used 2+ times

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9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following are the benefits/features of PRUEasy Protect?

I. Death Benefit, TPD Benefit, Accidental Death Benefit.

II. Easy enrolment with simple underwriting questions.

III. Maturity Benefit.

IV. Hassel-free enrolment with no medical underwriting.

I, II, III

I, III

I, III, IV

All of the above

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

If the death of Life Assured is due to non-accidental causes during the first 2 Policy Years:

- 100% of Total Premium Paid will be refunded to customers.

- Agent remunerations (Commission, production, contest, convention HFPB, RGB, etc.) will be reversed / clawed back based on the same treatment as cancellation of policy.

True

False

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Assuming Life Assured's entry age at ANB55, what is the Death Benefit payable if death of Life Assured is due to non-accidental causes from Policy Year 3 onwards?

Basic Sum Assured only

Basic Sum Assured or 100% of Total Premium Paid, whichever lower

Basic Sum Assured or 100% of Total Premium Paid, whichever higher

Basic Sum Assured plus 100% of Total Premium Paid

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

TPD benefit which is equivalent to Death Benefit will still be payable even if the disability is directly or indirectly caused by non-accidental causes during the first 2 Policy Years. In this scenario, the Policy will terminate after TPD claim since there are no riders in this product.

True

False

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Customers should be informed that due to the guaranteed features and the convenience given on underwriting, the premium of PRUEasy Protect is most likely to be higher than other protection plans that require full underwriting.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

PRUEasy Protect is suitable for customers who ______?


I. prefer hassle-free enrolment with no medical underwriting.

II. seeking for an insurance plan with money-back guaranteed upon policy maturity.

III. prefer peace of mind with Guaranteed Premium

IV. are looking for a plan with expected returns or any savings element.

I only

I, III

I, II, III

All of the above

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Can someone who is not mentally alert and not capable of providing details to complete the Guaranteed Issuance Offer Proposal Form purchase this product?

Yes

No

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