
PruWealth or PruWealth Income
Authored by louis ong
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Professional Development
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10 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Pruwealth Plus is Only available as Single Premium Plan?
Yes
No
Answer explanation
PruWealth Plus can have 5, 10 15, 20 years premium paying term and Single Premium Cash or SRS
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is the Minimum Premium for PruWealth Plus SP?
$30,000
$50,000
$80,000
$100,000
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is the Minimum Premium for PruWealth Income?
$30,000
$50,000
$80,000
$100,000
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is the Day 1 Surrender Value for PruWealth Income?
75%
80%
82%
90%
Answer explanation
Day 1 Surrender value for Pruwealth Income is 80% of the Single Premium plus 2% (non-guaranteed value)
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is the Estimated breakeven years for PruWealth Income (With withdrawal)?
3 Years
5 Years
7 Years
9 Years
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
For Both PruWealth Plus and PruWealth Income, how long the policy owner must be unemployed in order to claim the retrenchment benefit?
15 Days
Consecutive 15 Days
30 Days
Consecutive 30 Days
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Can withdrawal/ Partial surrender be done on PruWealth Plus SP after 2 years from the inception of the policy?
Yes
No
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