What is the minimum single pay premium for All Set?

All Set and Vibrant Quiz

Quiz
•
Other
•
Professional Development
•
Hard
Mark Almero
Used 1+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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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