Single Pay Products

Single Pay Products

1st - 5th Grade

5 Qs

quiz-placeholder

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Single Pay Products

Single Pay Products

Assessment

Quiz

Professional Development

1st - 5th Grade

Practice Problem

Medium

Created by

Clarissa Enriquez

Used 2+ times

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mr. Go is a healthy businessman who wants to invest PHp 1M thru PRUM. He just turned 70 years old today. Can he apply for PRUM?

Yes

No

Subject to Validation

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Ms. Chan availed of PIA+ in June 28, 2019 for Php 100K. Just yesterday, June 27, 2021, she had a car accident and eventually died. Assuming her Fund Value is at Php 30K without top ups or withdrawals, how much does her beneficiaries receive?

Php 125K

Php 30K plus charges

Php 100K

Php 130K

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Generally, there is no medical underwriting or Guarantee Issue Offer (GIO) for:

PRUM

PIA+

Both PRUM & PIA+

Neither PRUM nor PIA+

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much is the minimum top up for PRUM?

Php 20K

Php 40K

Php 10K

Php 30K

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

PIA+ has 3% fund allocation initial charge.PRUM offers a lower fund allocation initial charge of:

1%

0.5%

0.25%

0.75%

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