All Set and Vibrant Quiz

All Set and Vibrant Quiz

Professional Development

10 Qs

quiz-placeholder

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All Set and Vibrant Quiz

All Set and Vibrant Quiz

Assessment

Quiz

Other

Professional Development

Hard

Created by

Mark Almero

Used 1+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the minimum single pay premium for All Set?

10,000

100,000

24,000

1,000,000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much is the minimum death benefit for All Set and All Set Higher

125% of the single pay premium

120% of the single pay premium

120% of the single pay premium + 125% of top-ups - 125% of withdrawals

125% of the single pay premium + 125% of top-ups - 125% of withdrawals

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much are the withdrawal charges for All Set and All Set Higher for the first five years?

None

5%,4%,3%,2%,1%

1%,2%,3%,4%,5%

1%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much is the maximum commission rate for All Set Higher?

3%

2%

2.75%

2.5%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False: All Set Higher Plan Holders are entitled to a non-guaranteed loyalty bonus equal to 2% of AMAV over the past 60 months paid on 10th policy year & every 5 years thereafter.

False

True

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False: In Vibrant, the Health Screening Benefit provides 2% the sum assured, payable on the 2nd policy anniversary and every two years thereafter until the first major CI claim or the 10th policy anniversary, whichever comes first.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False: Under the Upgraded Major Critical Illness Benefit, the client may claim up to 3 times for RELATED non- cancer illnesses or claim repeatedly for heart attack or stroke

True

False

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