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Worksheets

T8 Quiz Day

Total questions: 25

Worksheet time: 13mins

Name
Class
Date
1.

Accelerate : This fund is a fixed income instrument that represents a loan made by the investor to the borrower typically for GOVERNMENT and CORPORATE.

a)

bonds

b)

equity

c)

global fund

d)

none of the above

2.

Agency Standards: APE stands for

a)

Annual Premium Entity

b)

Analysis Per Entry

c)

Annual Premium Equivalent

d)

Analysis Prior Engagement

3.

NFTF PRUONE: This consist of important details regarding the client's chosen fund including fund value projection and important compliance clauses.

a)

Family Details

b)

Personal Information

c)

Beneficiary

d)

Purchase Review Card

4.

Agency Standards: This is a temporary receipt issued by the agent to acknowledge that they have represented themselves as Pru Life UK Agent.

a)

Provisional Receipt

b)

Official Receipt

c)

Cash Receipt

d)

Sales Invoice

5.

BONUS question : This is our activity last WEDNESDAY

a)

Digital Dreamboard

b)

Post for a cause

c)

TIKTOK Challenge

d)

First Pru Encounter

6.

Accelerate: This is a renewable and convertible TERM PRODUCT that provides death coverage.

a)

PRU MAX INVEST

b)

Pru Life Your Term

c)

PAA PLUS

d)

Prulink Elite Protector Plan

7.

AGENCY STANDARD: These are policies place under the supervision of the Head Office due to Separation/Resignation from the company of the SERVICING AGENT on record.

a)

Free Policy

b)

Orphan Policy

c)

In Force Policy

d)

Lapsed Policy

8.

How many percent is the basic paying commission for Pru Life Your Term for clients who will pay annually?

a)

30%

b)

20 %

c)

45 %

d)

35 %

9.

Agency Standard : This is the process of EVALUATING information and resources to determine the RISK that the company may take in responsibility.

a)

Auditing

b)

Underwriting

c)

Recording

d)

Policy admin

10.

Agency Standards : This is a PAPERLESS Pru Life UK APPLICATION SYSTEM to accomplish NEW BUSINESS APPLICATION. It is a digital application that can be accessed by the agent through their device.

a)

PRU ONE

b)

PRUFIT

c)

PRISM

d)

PULSE

11.

NMA is the maximum sum assured that can be given by an agent according to their rank without the need of medical exam (for clean cases) NMA stands for.

a)

Non-Medical Authority

b)

New Medical Authority

c)

Non-Medical Automation

d)

New Manager Appointment

12.

Agency Standard: This is a tax regulation which provides US TAX authority with an information regarding US persons who have money invested outside USA.

a)

BIR

b)

FATCA

c)

UK Tax system

d)

Value Added Tax

13.

Bonus Question. UM Joanne's husband full name

a)

Lendl Vita

b)

Donlendl John Vita

c)

Don Vita

d)

Donlendl Vita

14.

This is the most recommended app for NFTF presentation.

a)

Viber

b)

Whatsapp

c)

ZOOM

d)

Telegram

15.

NFTF - TRUE OR FALSE :NFTF can be used by an agent to sell to clients outside the Philippine Territory.

(a)  

16.

This is the only Pru Life UK Accredited BANK that accepts scanned copy of Auto Debit Arrangement.

a)

BDO

b)

BPI

c)

Metrobank

d)

Landbank

17.

NFTF: This is an additional requirement to prove occurrence of VIRTUAL MEETING and will be submitted as part of application documents.

a)

Policy Ammendment Form

b)

Attestation Form

c)

KYC form

d)

Agents Confidential Infomation

18.

Sales process that needs to be covered during NFTF presentation.

a)

Needs Analysis

b)

Generation of Quotation Proposal

c)

Risk Profiling

d)

All of the above

19.

Pruone Version allowed for NFTF application

a)

PruOne Version 2.0 S

b)

PruOne Version 2.0 U

c)

PruOne Version 2.0

d)

None of the above

20.

How many digits is the verification code that will be sent to the client after clicking the purchase review link?

a)

3 digit verification code

b)

4 digit verification code

c)

6 digit verification code

d)

10 digit verification code

21.

NFTF- This is an app recommended for filling up and E- signature for IOS users

a)

Adobe Acrobat

b)

Adobe Flash Player

c)

Paint

d)

Facebook

22.

Accelerate : This charges is already reflected in the unit price and are not being deducted from the policy units

a)

Insurance Charge

b)

Rider Charge

c)

Policy Fee

d)

Annual Management Charge (AMC)

23.

Accelerate: A type of fund that has equity fund return but lower VOLATILITY

a)

Growth Fund

b)

Proactive Fund

c)

Global Market Navigator Fund

d)

Money Market Fund

24.

This is an app that needs to be downloaded to avail FREE INSURANCE BENEFIT

a)

PRU ACCESS

b)

PRUONE

c)

PULSE

d)

PRUFIT

25.

Bonus question: Enhanced Community Quarantine is extended until

a)

April 30

b)

April 25

c)

May 15

d)

May 1