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Protection Provider, Show you know 2

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

What is Aviva Extra Care cover option?

a)

Available on Life, Critical Illness and Income Protection policies

b)

Pays out on diagnosis of dementia, Parkinsons disease or Motor Neurone disease only if you are over 55 on diagnosis

c)

It’s a free option available on policies with Critical Illness included

d)

Pays out on a diagnosis of dementia, Parkinson disease or Motor Neurone disease if you are under 55 on diagnosis

2.

What is Royal London Helping hand option?

a)

A payout when you are down on your luck

b)

A second medical opinion

c)

Emotional and practical nursing support

d)

Someone to come and do odd jobs

3.

Getting my medical notes sent to the renowned specialist in the world is called....?

a)

Second Medical Opinion

b)

Best Doctors

c)

Global Treatment

d)

Helping Hand

4.

How much Children’s serious illness cover can be included in a Vitality Income Protection policy?

a)

None as it's an Income Protection Policy

b)

£25,000 as standard

c)

Up to £100,000

d)

Up to £50,000 or 25% of the sum insured whichever is the lowest

5.

What is the Benefit Guarantee for LV Income Protection for all occupations?

a)

£1000

b)

£1,500

c)

£3,000

d)

No Guarantee

6.

What is the Benefit Guarantee on Income Protection for doctors and surgeons with LV?

a)

£1,000

b)

£1,500

c)

£3000

d)

£5,000

7.

How does smoker status affect premiums on LV’s Income Protection and Sick Pay?

a)

Same rates apply regardless of smoker status

b)

Separate rates for smokers and non smokers

c)

Seperate rates for Smokers and Non Smokers on income protection only

d)

Separate rates for smokers and non smokers on Personal Sick Pay only

8.

Is Fracture cover included with LV’s Income Protection and Sick Pay?

a)

Only as a paid for option

b)

No its not available

c)

Only on Personal Sick Pay

d)

Only on Income Protection

9.

What is Royal London repayment guarantee option?

a)

It pays a lump sum equal to your Client's outstanding mortgage or loan amount at the date of claim

b)

It pays the monthly mortgage repayments in the event of being off work through long term sickness

c)

It pays the monthly mortgage repayments in the event of redundancy

d)

It guarantees to refund all premiums in the event of death in the first 5 years of the policy

10.

What Payment Periods are available with LV’s Budget Propositions

a)

24 Months only for both

b)

12 or 24 months for both

c)

12 and 24 for Sick Pay and 24 for IP

d)

12 and 24 for IP and 24 for Sick pay

11.

If a client has a Life policy, Critical Illness policy and an Income Protection policy which one would you add any paid options to and why?

a)

Critical Illness as this generally links nicely to the options

b)

A life policy because it is the cheapest way to do it

c)

The Income Protection policy as the policy doesn't stop after a claim so the options will continue longer

d)

Any of the policies

12.

What is not included in Vitality Life's Essential plan?

a)

Free Life Cover

b)

Guaranteed Insurability Option

c)

Children's Serious Illness cover

d)

All of these

13.

Who offers Education cover?

a)

Royal London

b)

Aviva

c)

Vitality

d)

Legal & General

14.

What is Family Income Benefit?

a)

Gives an income if you are off sick

b)

Gives an income if you die or suffer a Critical Illness

c)

Pays an income if you die only if you have children

d)

Pays an income if you are made redundant

15.

If recommending a policy is written in trust, what element of the policy should be placed in trust?

a)

Life Insurance

b)

Critical Illness Insurance

c)

Income Protection Insurance

d)

Buildings and Contents Insurance