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i.Am Wealth Elite Quiz

Authored by Sarah Muhammad

Professional Development

Professional Development

Used 2+ times

i.Am Wealth Elite Quiz
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is payable upon Death of Life Assured under i.Am Wealth Elite?

100% of Basic Sum Assured and the Account Value (if any) will be payable.

100% of Basic Sum Assured will be payable.

100% of Basic Sum Assured or the Account Value (if any) whichever higher will be payable.

Nothing is payable.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Auto extension of coverage term is where the coverage term of the Policy will automatically extend up to the policy anniversary immediately preceding the 100th next birthday of the Life Assured for the basic plan and the maximum coverage age of any attaching riders. Upon the Auto Extension of Coverage Term, Policy Owner may need to pay the revised premium to enable the Policy to sustain until ANB 100.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Maturity Booster: While the policy is remained in force at maturity, additional 10% of Basic Sum Assured is payable subject to premium are paid up to date.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Whose life is covered under Premium Waiver Rider?

Life Assured

Policy Owner

Payor

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the Policy Owner and the Payor are different, who will the Payor Rider cover?

Life Assured

Policy Owner

Payor

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the unit deducting riders available to be attached to i.Am Wealth Elite?

Level Term Rider, Additional 50 CI Rider, Payor Rider and Premium Waiver Rider.

Additional 50 CI Rider, Payor Rider and Premium Waiver Rider.

Payor Rider and Premium Waiver Rider.

Level Term Rider and Additional 50 CI Rider.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Minimum Entry Age of the Life Assured for i.Am Wealth Elite is _________.

15 days old (attained age)

30 days old (attained age)

40 days old (attained age)

50 days old (attained age)

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