Day 5

Day 5

Professional Development

5 Qs

quiz-placeholder

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Day 5

Day 5

Assessment

Quiz

Professional Development

Professional Development

Practice Problem

Easy

Created by

Amber Banerjee

Used 1+ times

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Suresh was presenting the product benefits to Mr. Ramesh, What steps should he consider while presentating the same? Choose the correct option

Highlight that this is the best product available in the market

State that this product is best suited for customers like him

Use Product benefits to discuss the value of investing the product and help him understand the money he needs to pay in monthly terms

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a benefit illustration used for? Choose the correct option

The benefit illustration is used to explain the features and benefit of the product

Benefit illustration is an important document which shows the policy holders personal and policy details and the future benefit that will be received in the policy lifetime

The benefit illustration is similar to a brochure of the product showing all the details about the policy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"The Benefit illustration should be duly signed by the customer post the same is explained by the sales person". State whether the statement is True or False

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Identify the steps that should be followed to close the sale from the options provided

Ask the customer for payment

Complete all relevent documents

Seek References

All the options are correct

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does LAPAC stands for?

Listen, Acknowledge,Problem,Answer,Confirm

Listen, Answer,Probe,Acknowledge,Confirm

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