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WorksheetsQUIZ BEAT
Total questions: 20
Worksheet time: 10mins
PAA issue age is 0 to 70 years old
TRUE
FALSE
PAA PLUS commission is 45% regardless of the APE
TRUE
FALSE
Withdrawal charge for PAA on the first year is 5%
TRUE
FALSE
What year does PAA premium allocation or investment starts at 100%?
1ST YEAR
3RD YEAR
4TH YEAR
5TH YEAR
ELITE core benefits are: SA, TPD, ADD & Loyalty Bonus
TRUE
FALSE
What is the minimum premium for Elite 10?
105K
110K
115K
120K
Fund allocation on the 1st year of ELITE 15
30%
35%
40%
45%
1st year commission of ELITE15
15%
17.5%
23%
28%
What is the premium holiday charge for Elite 15 on the first year?
40%
45%
50%
60%
ELITE DOES NOT HAVE WITHDRAWAL CHARGES
TRUE
FALSE
LIFE CARE PLUS , LIFE CARE ADVANCE PLUS and LIFE CARE BENEFIT are all Accelerated Critical Illness.
TRUE
FALSE
The following are ACCEPTABLE to Pru Life UK as beneficiaries EXCEPT
HUSBAND
BUSINESS PARTNERS
SIBLINGS
COUSINS
An agent with General Privilege may use his NMA to write an application for a P3M policy on the life of a 36 year old client with an existing P500,000 policy purchased 6 months ago from a competitor
TRUE
FALSE
If the SA is higher than your NMA Limit, the client application will be rejected.
TRUE
FALSE
Minors can be insured even if payor is other than the parents, provided that the guardian need to sign in the proposal and app form
TRUE
FALSE
PHILHEALTH card is a valid and acceptable ID
TRUE
FALSE
Agents Confidential Information is required to every 3M aggregate Sum Assured
TRUE
FALSE
Only three REVOCABLE beneficiaries may be designated
TRUE
FALSE
Manual Editable New Business submission should be sent to phinewbusiness@prulifeuk.com.ph with the Standard Email subject: Policy Life Insured Name_APE Amount
TRUE
FALSE
All are ELIGIBLE Third Party Payor Except:
AUNT
SIBLING
GRANDPARENT
