ML PRIME

Life Insurance coverage of Maxilink Prime?

• 200% of Face Amount

• 150% of Face Amount

• 200% of the Face Amount plus the Fund Value

• 150% of the Face Amount plus the Fund Value

How many critical illnesses are covered in a Critical Illness Benefit Rider? How many days that the critical illness must occur for the claim to be valid?

• 36 Critical Illnesses; less than 85 days after the benefit comes into force

• 114 Critical Illnesses; more than 90 days after the benefit comes into force

• 114 Critical Illnesses; more than 85 days after the benefit comes into force

• 36 Critical Illnesses: more than 90 days after the benefit comes into force

Minimum and maximum number of days for claiming of Hospital Income Benefit

• Minimum of 1 to 1000 days

• Minimum of 2 to 100 days

• Minimum of 4 to 100 days

• Minimum of 3 to 1000 days

How many times can a policy holder change the investment composition and distribution in a year?

• 4

• 3

• 2

• No option at all

Can HIB be paid twice as the stipulated coverage?

• Yes. Only of the insured is confined in ICU.

• Yes. Only if the sickness which results in confinement is classified as dreaded disease.

• No. HIB is fixed.

• None of these.

The investment returns under VUL policy:
1. Are not guaranteed

2. Are assured

3. Are linked to performance of the investment fund managed by the life insurance company

4. Fluctuate according to rise and fall of market prices.

• 1, 2 and 3

• 1, 2 and 4

• 1, 3 and 4

• 2, 3 and 4

Why is it important that the customer must understand the sales proposal in full?

• Because the insurer does not guarantee any return

• Because the impact of changes in investment condition on variable life policy is borne solely by the customer

• Because the advisor may give the wrong recommendations

• Because the policyholder expects high return

Sun MaxiLink Prime is a regular pay, front-end load investment-linked life insurance product that provides protection until age 88.

• TRUE

• FALSE

Sun MaxiLink Prime is a limited pay, front-end load investment-linked life insurance product that provides protection until age 88.

• FALSE

• TRUE