10XStronger 2024 Contests & Rewards

10XStronger 2024 Contests & Rewards

1st Grade

10 Qs

quiz-placeholder

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10XStronger 2024 Contests & Rewards

10XStronger 2024 Contests & Rewards

Assessment

Quiz

Other

1st Grade

Practice Problem

Hard

Created by

Julius Navallasca

Used 19+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much is the APE validation requirement for FWD financial wealth planners every year?

30,000 APE

60,000 APE

90,000 APE

120,000 APE

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

As an FWD planner, which of the following compensation benefits can be earned on a monthly basis?

Volume Bonus

Case Bonus

Persistency Bonus

Basic Commissions

All of the Above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For planners coded from February 1, 2024, how much is required for them to qualify for the "iPad On Us" Rookie Incentive?

Php APE 120,000 and 3 New Business (cases)

Php APE 150,000 and 6 New Business (cases)

Php APE 480,000 and 12 New Business (cases)

Php APE 600,000 and 15 New Business (cases)

Answer explanation

Media Image

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

We have added a new award level for the Elite Agency Circle this year - COPPER!

What are the requirements for FWP to qualify on this level?

750,000 Php APE;

18 cases;

75% Persistency

750,000 Php APE;

18 cases;

85% Persistency

800,000 Php APE;

24 cases;

85% Persistency

900,000 Php APE;

24 cases;

85% Persistency

Answer explanation

Media Image

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Slovenia is our destination for this year's Summit Club International Trip.

What is the year-long qualification requirements?

4M APE;

24 Cases;

80% Persistency

4.5M APE;

24 Cases;

85% Persistency

5M APE;

24 Cases;

85% Persistency

6M APE;

36 Cases;

90% Persistency

Answer explanation

Media Image

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For the 2024 MDRT qualification, the First Year Commission (FYC) requirement is Php 1,423,500. How much is the requirement in terms of First Year Premium (FYP)?

Php 1,936,000

Php 4,250,000

Php 3,750,000

Php 2,847,000

Answer explanation

Media Image

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To earn the Consistent MDRT Bonus, you have to be a consistent MDRT for at least how many straight years?

3

5

8

10

Answer explanation

Media Image

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