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T1 Quiz Bee

Total questions: 10

Worksheet time: 3mins

Name
Class
Date
1.

What is the rider benefit that covers the untimely demise of the Payor?

This rider pays cash benefit to the Payor's beneficiaries.

a)

Payor Waiver

b)

Payor Term Rider

c)

Additional Term Rider

2.

What is the first product that is available in PRUShoppe?

a)

PRUlink Assurance Account Plus

b)

PRULink ELite Serie

c)

PRUlife Your Term

3.

What is the age bracket of the client that is allowed to purchase PRUShoppe?

a)

18-60 years old

b)

0-65 years old

c)

18-65 years old

4.

If the policy's accelerated critical illness benefit is 100% of the Sum Assured, will the policy still remain in-force given that there is still available fund value?

a)

Yes because of the fund value.

b)

No, the policy will be terminated and the payable benefit

shall include all available fund value.

c)

Yes, the client can do Top-Up to continue the policy.

5.

As NFTF will use technology to facilitate remote selling, can it be used by an agent to sell anywhere in the Philippines?

a)

No, it is applicable in Metro Manila only.

b)

Yes, but underwriting restrictions applicable to certain

areas in the company, if any, may affect the Company's underwrting decision on the client's application.

c)

No, only those areas which are in ECQ routine.

6.

What are the available methods of PYT payment in PRUSHOPPE?

a)

Credit Card Only.

b)

Credit Card or Debit Card or G-CASH.

c)

Credit card or Debit Card.

7.

If an insured infected by COVID-19 dies, what claim can be file given the application was approved via PRUSHOPPE?

a)

The beneficiary can file a claim for the death benefit, DHI, Long term Hospitalization and ICU benefit of the policy.

b)

The beneficiary can file a claim for the death and DHI benefit of the policy.

c)

The beneficiary can file a claim for the death benefit of the policy.

8.

How soon can PYT be converted to regular VUL plans?

a)

After 12 months

b)

After 24 months

c)

After Issuance

9.

Is there a waiting period for Hospital Income benefit?

a)

Yes, the waiting period for illness only is 30 days from the effectivity.

b)

Yes, the waiting period for illness only is 15 days from the effectivity.

c)

Yes, the waiting period for illness only is 60 days from the effectivity.

10.

What happens to the policy's NON-ACCELERATED CRITICAL ILLNESS benefit if the policy's sum assured is less than its critical illness rider?

a)

The critical illness sum assured is reduced to the remaining sum assured of the policy.

b)

The original sum assured shall not be effected after a critical illness claim.

c)

None of the above.